Business news from Ukraine


14 February , 2018  

Nodbud LLC (Kyiv region) seeks to start implementing four new residential complex projects in Kyiv and its suburbs with a gross area of over 100,000 square meters in 2018, the company’s press service has reported, referring to Head of the project management department of Novbud Dmytro Tkachenko.
“Construction and commissioning of over 120,000 square meters in the projects under construction are planned for 2018. So, at the end of the first quarter, the first stage of the New Teremky residential complex is planned to be commissioned – four 10-storey houses with 200 apartments with a total area of 10,000 square meters. This year it is planned to commission the Kriukovschyna Quarter residential complex (seven sections, 450 apartments with an area of 23,000 square meters),” Tkachenko said.
In addition, this year the company will continue construction of the Petrovsky Quarter large residential complex. The project is implemented on the land parcel of 50 hectares and envisages construction of 99 houses, 53 of which are already inhabited. Total living area is 340,000 square meters.
“Now, 20 houses of Petrovsky Quarter are at the stage of commissioning, 33 more houses are in the process of construction and design,” he said.
He said that under the project the company has already opened a kindergarten for 100 children and an elementary school for 80 students, which is accredited as a general education school of I-III level.
According to the press release, Novbud was founded in 2007. In its portfolio has more than 220,000 square meters of real estate put into operation in Kyiv and its nearest suburbs. In 2017, the developer commissioned more than 70,000 square meters of housing.