Smolny residential complex-StPetersburg-source YIT.jpg
26.05.2016 Investor news

Caverion delivers a Large Project to YIT’s upscale residential complex in St. Petersburg, Russia

Caverion delivers a Large Project to YIT’s upscale residential complex in St. Petersburg, Russia

Caverion has signed a contract with YIT for installation of building solutions to YIT’s upscale residential complex ”Smolny prospect” in the historic center of St. Petersburg, Russia. Caverion is responsible for the Project Management and Project Execution. The technical disciplines included in the contract are Heating and Sanitation, Ventilation & Air Conditioning, Security and Safety. The value of the contract will not be disclosed.

The contract covers three newly constructed 7-8 floor buildings with a total surface area of 89,580m² including 395 flats and underground parking for 754 cars. The installation works have already been started and the project is expected to be completed by the end of 2017.

The residential complex ”Smolny prospect” unites three new residential buildings designed in neoclassical style and three historical houses from the end of the 19th century. The most demanding renovations will be executed in the historical buildings with the preservation of their original appearance.

YIT belongs to Caverion's General Contractors client segment.

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Illustration of the residential complex (source: YIT) For more information, please contact: Natalia Tikhomirova, Head of Communications in St. Petersburg area, tel. +7 921 946 58 26, natalija.tikhomirova@caverion.com

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