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Kachkin & Partners supports a major construction project in the Leningrad region

Kachkin & Partners’ client, the construction company O2 Development, announced their construction plans of a new residential complex on the boundaries of St. Petersburg and the Leningrad region. A new block will include about 350,000sq.m. of accommodation, social facilities and commercial premises. The planned investment is 20 bln rubles. There is an opportunity to essentially reduce construction period due to use of a new technology – according to the company’s plans, the first stage will be put into operation in the second quarter of 2014 already; O2 Development intends to complete the project in 2018. 

 

Real Estate and Investments team at Kachkin & Partners headed by Dmitry Nekrestyanov, Partner, provided legal support for a purchase transaction of a 30-hectare land plot assigned for the residential complex construction. It is anticipated that the firm will support the construction works, too. It took less than a month to implement the transaction with sophisticated structure considering impact of possible town-planning risks on the project economic criteria. 

 

More on O2 Development

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Денис Качкин

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Управляющий партнер
Руководитель практики по инфраструктуре и ГЧП
Заведующий базовой кафедрой юридического факультета НИУ ВШЭ — Санкт-Петербург

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Денис Качкин

Адвокат
Управляющий партнер
Руководитель практики по инфраструктуре и ГЧП
Заведующий базовой кафедрой юридического факультета НИУ ВШЭ — Санкт-Петербург

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