Rus News Journal

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Novosibirsk Open Company the Account has confirmed the concept of the unique developer project - complex Sun City in cost over $150 million which is under construction on Marx`s area. To bypass the competitors also building the multipurpose centres on this area, the company intends, in particular, at the expense of the big share of entertaining objects. According to analysts, on a hand to the Account that circumstance that many other developers could not provide financing of the projects in crisis. That the Account has confirmed the name, the concept and a base lay-out of the future multi-purpose complex, the director of the developer company yesterday has told the Novel Ignatov. As he said, total area Sun City on Marx`s area will make 90 thousand in sq. m, from which 32 thousand in sq. m will be rented to trade enterprises, for 14 thousand in sq. m offices will take place. Total number of parking spaces more than 1 thousand
the complex Concept has developed Cushman and Wakefield Stiles and Riabokobylko. According to the director of department of strategic consulting of the international company Evgenie Popova, there was a task in view to make object in which all basic components would be balanced: In Sun City the big role of an entertaining part is taken meaningly away. Besides, the basic emphasis is made on anchors with krupnoformatnymi objects which in aggregate should occupy about 60 % of all rent zone. They, of course, will bring to owners of less money in recalculation on square metre, but such complex is more interesting to buyers, and stability of payments at large operators above .
While one future tenant Sun City is precisely known only. The multiplex and a cinema on technology IMAX is going to open ArtSajns Sinema Distribjushn . According to the commercial director and the co-owner of company Galyma Sainova, in Sun City there will be a complex of interactive entertainments the Trance - a swagger or a panoramic cinema. Besides, Sun City can become the first trading - the entertaining centre in Novosibirsk about fitness - the centre and pool, to the tenant of this profile it is taken away over 2,5 thousand in sq. m. the Novel Ignatov asserts that the preliminary arrangement with the operator of this direction is already reached. However, the company - the partner he did not name.
the total amount of investments into the project does not reveal. Experts estimate them not less than in $150 million In the Account assure that yet have no problems with financing. Besides own means the company has credit NBK - Bank and National bank of Kazakhstan at a rate of $65 million
According to the director of company RID Analytics of Elena Ermolaevoj, today the majority of the developers working on the area of Marx, projects have frozen or have sharply reduced rates of building. It is more than month of imperceptibly any works on a building site the Capital (the developer - capital ADG Group), was obviously slowed down rate of erection Versailles (shopping centre the affiliated company of Sobinbank which has been got recently by Gazprombank structure), " has started to build; Omega Plaza it is exposed on sale. Yermolaev`s madam considers that if at the Account there will be no problems with financing the company can save on building: expected sharp reduction of volumes of building next year should lead to reduction of prices on building materials. However, operating partner DSO Consulting Sergey Djachkov believes that to the Account Hardly it will be possible to save much on building materials as the considerable amount of works is already executed.
complex input in operation is planned for the beginning of 2010.
Stanislav Sokolov, Novosibirsk