Monday, November 21, 2011

Shopping Malls in Moscow came under the ban

Last month, the Moscow authorities have banned construction in the city center about 400 thousand square meters. m of retail space, said yesterday the mayor of Moscow Sergey Sobyanin. Among the most likely candidates - Draft IPG "Eurasia" and the area under the Paveletskaya AFI Development on Tverskaya Zastava Square. However, no official ruling on this until released. Total losses from the developers of the new initiative the mayor could be $ 200 million on Monday during the discussion of the road transport situation in the capital, Moscow Mayor Sergei Sobyanin said that only last month the authorities in order to reduce the load on the road network had decided to suspend construction in the center of approximately 400 thousand square meters. m of retail space. "I believe that this work should be continued", - said the mayor. Yesterday at City Hall could not name the fallen under the ban projects. The activity of the new mayor because the shopping centers significantly increase traffic flow and reduce the traffic situation. At the time of Yuri Luzhkov, developers were given permission to build shopping centers without regard to how they will affect the appearance of traffic jams, considered themselves players in the market. The first project was prohibited by shopping center area of ​​33 thousand square meters. m beneath Pushkin Square, which carried out the construction of "TDC" Tver "" (62% owned by Turkish company MNG Holding). "Shopping Center will not be here" - said in November he Sergei Sobyanin. Deputy General Director of JSC "TDC" Tver "," Ibragimov Fazil declined to comment. Managing Director Praedium Oncor International Michael Goetz believes that a ban could only get the projected torgtsentry. Among these projects, located within the Third Ring Road (TTC), the respondents 'b' consultants named shopping center in the square in front of Paveletskaya Station (120 thousand square meters. M; developer - IPG "Eurasia"), the project "Tverskaya Zastava" in Belarus area (AFI Development), as well as the SEC "Mosaic" from underground "Avtozavodskaya" (134 thousand square meters. m; Trigranit Development Russia). According to "Kommersant" one official said Hall, the shopping center project at Paveletskaya area can be transformed into a city parking lot. In IPG, "Eurasia" this information does not comment. One of the consultants said that idea utopian, because the site has already been invested a lot of money borrowed in BTA Bank. "If the city decides to build a parking lot in its place, it is unclear who will repay the loan," - says the source "b". This section of the "Eurasia" rents from the city - as the owner of the land the city may revise the draft plan, said the official mayor's office. PR-director of AFI Development Natalia Ivanova said that the project of reconstruction of interchanges and the construction of underground parking with retail space, "Tverskaya Zastava" is implemented in standard mode. "There are no indications to restrict the construction of retail space (approximately 30 thousand square meters. M), we have not", - assured Mrs. Ivanova. TriGranit Management Rus general director Istvan Lovash also said that his company has not received any communication from City Hall regarding a possible ban on the construction of the facility. We have no money for roads is not given, nor on the subway. From year to year less and less - to zero! Therefore, questions about traffic jams in Moscow, I beg to address the Minister of Finance (Alexei Kudrin .- "b"). Railway and metro used to be funded by the State - Yuri Luzhkov, the ex-mayor of Moscow, "Kommersant" could not find any official document that prohibits the construction of a shopping center. However, the sides "b" does not exclude the possibility that they will emerge and will affect not only the projects in the CAO, and shopping centers in the TTC and the Moscow Ring Road. Earlier, Sergei Sobyanin ordered to "deal" with the shopping center on the Moscow Ring Road, which are violations of conventions built on a circular highway. In the mayor's office estimated that such violations have every five existing shopping center on the Moscow Ring Road (see "b" from November 15). 400 thousand square meters. m - half the annual increase in retail space in the capital, said Michael Goetz. According to his estimates, the cost of construction of a shopping center within the TTC is $ 1.5 thousand per 1 sq. km. m, of which 30% - the cost of design. It turns out that the total loss from the developers of the new initiative the mayor can make about $ 200 million in downtown Moscow due to lack of space to build large-scale street retail shopping mall, while in metropolitan areas of Europe such items brought to the outskirts, said deputy head of research at Cushman Lada & Wakefield Belaychuk. General director of Colliers International Maxim Gasiev adds that cancel construction of shopping centers would be wrong, because in Moscow there is still a shortage of quality facilities. According to Knight Frank, the total area of ​​shopping centers in Moscow is 7.51 million square meters. m (GLA - 4.03 million square meters. m). "A thousand Moscow residents have 382 square meters. m of modern retail space. For comparison - in Paris and New York the figure is closer to 900 square meters. m per thousand, in Milan - about 920 square meters. m in London - more than one thousand square meters. m "- estimated by the company.

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