Construction of the multifunctional complex «Baltic pearl»

Projects in progress

Sphere of activity: Real estate development

Project description

The project involves a comprehensive development of the territory in the south-west of St. Petersburg. Creation of a multifunctional complex for more than 35,000 residents, including residential real estate of various comfort levels, commercial real estate-shopping, entertainment and business complexes, hotels, exhibition centers, restaurants, concert and conference halls, as well as social infrastructure facilities – educational, medical and sports institutions.

Currently in progress:

1. Construction of residential complexes in the northern quarters 31-1, 31 a-1, 32a-1: residential complex "Gavan", residential complex "Riviera", residential complex"Lotus" (term-2023), residential complex "Legend" (term - 2021).

2. Development of the project layout and design of the linear object "Baltic Boulevard" (4-lane road and bank protection) (term-2023)

3. Construction of the police department for 75 people (zero cycle works are being carried out), sq. 38-6 (deadline-the end of 2022)

List of projects

  • 1 072.9 thousand sq. m. of housing
  •  351.1 thousand sq. m. of commercial development

  • 2 secondary schools with 1,650 seats (sq. 38-2, sq. 39-3) - implemented

  • 4 preschool institutions with 650 seats (sq. 38-2, sq. 39-3, sq. 31-1) - implemented

  • interlocked polyclinic for adults and children with an ambulance substation - implemented

  • police station for 75 people - under construction

  • construction of three bridges - implemented

  • complex landscaping of the territory - is being carried out

  • construction of roads, driveways, and canal embankments - is being carried out

Implementation period



CJSC "Baltic Pearl"

Amount of investments

1.25 billion US dollars

Land plot

  • Address: Petergofskoye Shosse, Saint Petersburg, plot 1 (northward from the intersection with Pogranichnika Garkavogo St.)
  • Area: 205 ha

Project location district