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Monday, March 5, 2007

XXI Century plans to build on 55 ha in the centre of Poltava

Company is developing an investment project of major construction 55 hectares in the centre of Poltava. The project includes the construction of residential and commercial real estate, as well as the creation of infrastructure for the new neighbourhood, to be composed of houses, shopping centre with entertainment facilities.

However, XXI Century to arrangements with the authorities of Poltava, and the duration of the project, has invested 27 million USD in reconstruction of heating systems, state-owned houses and transport and social infrastructure of the city, in the reconstruction of the external street lighting, etc.

"Unlike many Ukrainian developers, we do not want to build, sell it and leave. Going into regional centres of Ukraine, the company offers local authorities to the long-term projects that will develop the infrastructure of the city", noted in a press release of the company.
As a result of the developing of the project the city will get over 6% of built housing, which is about K30 sqm. Now, the project development is in progress.