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15.01.2010  
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Lesnaya Polyana Satellite City Comprehensive Development Project

Short overview
Region
City/town
Kemerovo
Project description
It is an experimental investment project of comprehensive urban development in Russia. This unique project of large-scale low-rise urban development works toward the goals of all existing national projects.
Project objectives:
• to implement private-public partnership mechanisms in the housing sector;
• to form a local housing market that would meet the housing needs of residents in different income groups (national project "Affordable and Comfortable Housing");
• to create an effective educational, medical, sports and fitness infrastructure;
• to create a dynamic and stable community.
Unique features of the project
Lesnaya Polyana is 15 minutes' drive from the center of Kemerovo with convenient transport connections.
Some 1,142,000  sq.m. of housing is under construction. By 2015, the total population will have reached about 25,000. More than 1,800 young families will become owners of comfortable housing.
Estimated cost of the investment project (Euros)
1 447 000 000
Shareholders' own resources (%)
22.09
Borrowed resources (%)
77.91
Availability of design estimates (yes or no)
yes
Company name
New Technologies Investment & Construction Ltd (project developer): Denis V. Bagaev
E-mail
deneba@rambler.ru
Web-site
Type of the project
Real Estate. Construction
Detail overview
GENERAL INFORMATION
Region
Company name
New Technologies Investment & Construction Ltd (project developer): Denis V. Bagaev
Municipality, City, District
Kemerovo
Brief positioning of project
• To implement mechanisms of a public private partnership in the housing industry • Formation of a local housing market meeting the needs for dwelling of people with a different income level (National project “Affordable and Comfortable Housing”) • Creation of efficient educational, medical and sports system (national projects: “Health”, “Agriculture Development”, @Education”, regional project “Culture”) • Creation of a high-quality maintenance system for housing stock and urban infrastructure • Creation of a dynamic and stable community Participants of the investment project are Administration of Kemerovo Region, OOO New Technologies Investment and Construction Company, ASO Promstroy, Government of the Russian Federation (represented by relevant ministries and agencies), public utility companies (regional structures of OAO Gazprom, RAO Unified Energy System of Russia), private investors and housing purchasers. According to the master plan, about 1,142 million sq. m of housing will be built in the satellite city. The total number of population in 20003 was about 25,000 persons. Comprehensive development of municipal infrastructure systems will also allow to commission various social amenities, including: primary schools: 2 secondary schools: 1 kindergartens: 4 children’s creativity center: 1 outpatient hospitals: 1 sports center: 1 fitness center: 1 cinema: 1 senior centers: 1 cafés, shops, entertainment centers (total area: 30,000 sq. m). More than 1800 young families will obtain comfortable housing.
PLOT
Enterprise (organization) name — owner name
OOO New Technologies Investment and Construction Company (Project developer): Bagaev, Denis Vladimirovich
Legal address
62 Sovetsky Ave., Kemerovo 650099
Telephone
+7 (3842) 57-57-23
e-mail
deneba@rambler.ru
Contact Person (Full name)
Islamov, Dmitry Viktorovich
Telephone
+7 (3842) 58-51-71
contact person’s e-mail
islamov@ako.ru
Property category of land and buildings
other
Extension options
yes
LOCATION
Restrictions
yes
Remoteness
Center of the constituent subject
1
OWN TRANSPORT FACILITIES
Communication type (motorway)
yes
Communication type (railway branch)
yes
Communication type (port, landing stage)
yes
Communication type (post/telecommunications
yes
PROJECT INVESTMENT COSTS
Concept development design
yes
Preparation of design and estimate documentation (
yes
Preparation of design and estimate documentation (
yes
Comment
Development of feasibility study and design and estimate documentation for utility systems and road networks is completed.
Preparation of design and estimate documentation (
yes
Comment
Since it proposed to construct mostly low-rise residential buildings, no state examination is required.
Expert examination of design and estimate document
yes
Comment
According to the RF Urban Planning Code, the Site Design and the Regulations on Land Use and Development have bee approved.
CONTRACTORS
General designer
OOO New Technologies Investment and Construction Company, 29 Dzerzhinsky St., Kemerovo, Tel. (3842) 575723, Bagaev, Denis Vladimirovich deneba@rambler.ru
General contractor
OOO New Technologies Investment and Construction Company, 29 Dzerzhinsky St., Kemerovo, Tel. (3842) 575723, Bagaev, Denis Vladimirovich deneba@rambler.ru
ECONOMIC INDICATORS
Shareholders' own resources (%)
22,09
Òðåáóåìûé îáúåì èíâåñòèöèéBorrowed resources (%)
77,91
Payback time, years
9

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