The well-known exhibition complex in Moscow is planned to be built up with offices

They wanted to build new business centers at the Expocentre near Moscow City

They wanted to give “Moscow City” for the construction of business centers. The Kommersant newspaper reports about plans to build up the site of a famous exhibition complex with new office buildings.

belongs to God Nisanov and Zarakh Iliev. Three market participants confirmed that the owner of Expocentre planned to allocate almost 13 hectares for construction on Krasnopresnenskaya embankment and has already turned to the Moscow authorities to develop a plan.

At the end of September, Expocentre AO refused to Moskomstroyinvest, 51 percent whose shares belong to the Chamber of Commerce and Industry of Russia – there is still no development plan, and events in the exhibition complex are held as usual.

However, the city authorities are not opposed to giving the territory of the Expocentre for offices. Vice-Mayor of Moscow Andrei Bochkarev in early November in an interview with RBC noted that negotiations are underway on the construction of business centers. Nevertheless, not all experts consider this a good decision due to the proximity to the Moscow City business quarter – residential buildings will become more in demand in this area.

The change of the Expocentre location has been discussed in the Moscow City Hall since 2013 of the year. The exhibition premises are planned to be moved to the Vnukovo airport area in New Moscow and to increase their area to 300 thousand square meters.

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