The new Apraksin Dvor project does not provide for architectural reconstruction, but a complete reconstruction of the territories. All work is planned to be completed before the 2016 year. This was announced by St. Petersburg Governor Georgy Poltavchenko during a visit to Apraksin Dvor.
On the territory of Apraksin Dvor it is planned to create a multifunctional center of cultural and socio-economic life of the city. About 13% of the territory is allocated for the construction of mini-hotels, another 34% will be occupied by offices, and 39% will be left for retail space. 2% of reconstructed territories are planned for the needs of culture, according to the press service of the city government.
By the first of November 2011, all lease agreements with former tenants were terminated. According to the governor, by the end of the first quarter of 2012, the city will transfer all the areas to the investor.
The first 12 buildings of Apraksin Dvor were handed over to the investor in mid-June of this year. Glavstroy SPb was obliged to begin work on adapting buildings to a public-business multifunctional complex within 11 months and to complete the reconstruction in 5 years. The costs directly to the repair and restoration of buildings by the investor will be at least 334,5 million rubles.
In addition, Georgy Poltavchenko promised to remove the fence around the Apraksin yard, because of which. According to traders, the revenue of stores inside decreased several times. About this writes the magazine "Practice of trade."