MOSCOW: Etalon Group Plc, one of Russia’s largest and longest-established development and construction companies, has launched sales at its Nagatino i-Land business class residential complex, which is the second-largest project to become part of the Etalon Group portfolio as part of the acquisition of Leader-Invest.

The project is located on a 14-hectare plot of land and will involve construction of a multi-functional complex with a total NSA of 350 ths sqm. Etalon Group plans to complete project in 2026.

The new residential, commercial and office buildings will be joined together by an existing business cluster. Residential buildings of varying heights with closed courtyards will make up residential blocks that contain recreational areas and man-made ponds, unique community areas for play, socialising and sports, as well as its own landscaped park.

Nagatino i-Land will feature a wide range of apartments, from ones with individual entrances and patios to penthouses with high ceilings up to 3.9 metres and views of the Moscow River embankment.

The Nagatino i-Land complex is located on the Moscow river embankment in a district with established infrastructure. It is next to business centres that are part of a modern office cluster, as well as large shopping malls. The project has excellent transport accessibility, with the Technopark metro station and the ZIL station of the Moscow Central Circle both within walking distance.

Prospekt Andropova and the Third Ring Road are also within easy reach of the estate. Plans for a new bridge across the Moscow River and the renovation of the Simonovskaya Embankment will provide a new road connecting Nagatino i-Land with central Moscow that will shorten the route to the Garden and Boulevard Rings. Future residents will also enjoy the complex’s close proximity to the Island of Dreams park, which is Russia’s largest entertainment complex.

Etalon Group Head of Moscow operations, Maxim Berlovich, said: “Etalon Group worked with the British architectural bureau AHR to develop a unique living environment. The new multi-function complex has significant potential, as it harmoniously combines all of the elements of a comfortable urban environment: high-quality modern housing, office and commercial real estate, social infrastructure, as well as green areas and community spaces that will bring people together.

“The offices of tech companies, banks and financial corporations already located in Nagatino will support good demand for the project’s residential and commercial real estate and will contribute to the project’s success.

“The launch of Nagatino i-Land marks the start of a new stage in Etalon Group’s development following the successful integration of Leader-Invest, and it will enable us to significantly improve our position in our core Moscow market.”