YIT Expands its residental productioninto a new city in Moscow Region
YIT has won the auction for the sale of lease rights to a land plot in the city of Lytkarino, Moscow region. This means that the geographic scope of YIT Moskovia’s activity will include one more city in Moscow region.
Lytkarino was selected as a new region due to several advantages. The city is located close to Moscow 15 km away from the Ring Road. Lytkarino is a modern city with developed systems of education and industry as well as own traditions. The location is unique in terms of natural surroundings Lytkarino has the status of a “green zone” adjoining the large Tomilino forest-park. The Moscow River flows close to residential districts, and there is a unique man-made lake with sand beach which is a favourite place for local citizens and visitors from Moscow. Transport access to Moscow is organized on a regular basis.
The land plot of 7,6 ha is located in the south-western part of Lytkarino. Development of this territory is a priority in enabling the city’s growth. High-rise and middle-rise residential houses and infrastructural facilities will be constructed as an obligatory requirement for creating comfortable living environment.
Construction of the new residential micro district is planned to be launched by YIT Moskovia in 2012. The plan is to construct in different phases 7 modern high-rise houses of about 79,000 sq. m.
The new micro district will fit well into the existing urban infrastructure which comprises three kindergartens, a secondary school, a gymnasium and an English school. Shops, customer services, pharmacy and city hospital are located nearby.
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