Owners of premises in the historical center of St. Petersburg have already raised their rates, waiting for the opening of the new Admiralteyskaya metro station.
The new Admiralteyskaya metro station will open before the end of this year at the intersection of Bolshaya Morskaya Street and Brick Lane. She is able to receive 30-35 thousand people per day for entrance and the same number for exit. This is the last metro station that will appear in the historical center of St. Petersburg. It radically changes the direction of pedestrian flows at the beginning of Nevsky Prospekt and removes this part from the traffic dead end.
In connection with the news about the imminent opening of the metro station, landlords sharply raised the cost of rent. Old tenants are already moving out, new ones are coming in their place.
Traditionally, pedestrian flows went to the Griboedov Canal, now they will last until the Admiralteyskaya, experts say.
The rental price in this part of Nevsky (4-5 thousand rubles for 1 sq. M per month) with the opening of the station will rise by 15%. Rates have already increased by 30%, and their further increase will lead to a complete replacement of tenants in this area.
Tenant rotation is already underway. About six months the first floor is empty on the corner of Bolshaya Morskaya Street. and Nevsky Prospect, which since the 2009 was rented by the Moscow company Podium at a discount center. The owner of the premises - DM DM Fund, has greatly increased rental rates, one of the market participants knows. The Kartago chain of eateries, which for 9 years rented 180 sq m on the ground floor of the building on Nevsky Prospect, 11, did not extend the lease agreement. Soon at this place will open cafe-pie "Stolle".
Patency of trading places in the area of the new station will be comparable with the density of the consumer flow at the Mayakovskaya metro station - 2,5-3 thousand people not at rush hour.
Catering operators and retailers can count on a significant portion of the flow.
In anticipation of the opening of the metro, demand from catering, coffee houses and banks for premises near the future station increased.
Representatives of one of the largest coffee shop chains in St. Petersburg confirmed that it is negotiating premises near the future metro, however, the price of rental offers is still too high - it exceeds the maximum for Nevsky prospect 12 thousand rubles per 1 sq m per month. About this writes "Business Petersburg."