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Russia: Five Largest Parking Facilities Construction Projects Started in Q1 2022

  • With a project value of $373 million, the LSR – Wave Residential Complex – Moscow project was the largest Parking Facilities construction project in Russia on which construction started in Q1 2022. The LSR – Wave Residential Complex – Moscow project is located in Russia and initially announced in Q1 2020 with an estimated completion in Q4 2026. The Etalon Group – Voxhall Residential Complex – Moscow project was the second-largest project with a project value of $125 million, on which construction work started in Q1 2022. The Etalon Group – Voxhall Residential Complex – Moscow project is located in Russia and initially announced in Q3 2017 with an estimated completion in Q4 2026.

  • The Metropolis – Lotte Hotel Sochi Development – Russia project was the third-largest project, the GC Granel – Highway Residential Complex – Moscow was the fourth-largest project, and the RIG – Sovetsky Tetra Residential Complex – Nizhny Novgorod was the fifth-largest project with a project value of $101 million, $65 million and $33 million respectively. The Metropolis – Lotte Hotel Sochi Development – Russia project located in Russia was announced in Q2 2021 with an estimated completion in Q4 2025, the GC Granel – Highway Residential Complex – Moscow project located in Russia was announced in Q1 2018 with an estimated completion in Q2 2024 and the RIG – Sovetsky Tetra Residential Complex – Nizhny Novgorod project located in Russia was announced in Q2 2021 with an estimated completion in Q3 2023.

  • Among the five largest projects, the Etalon Group – Voxhall Residential Complex – Moscow project is the longest in terms of completion date, with construction expected to be completed in Q4 2026. On the other hand, the RIG – Sovetsky Tetra Residential Complex – Nizhny Novgorod project is the shortest in terms of completion date, with construction expected to be completed in Q3 2023.

Russia: Five Largest Parking Facilities Construction Projects Started in Q1 2022

Published: July 2022
Source: GlobalData

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