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Redevelopment of “Red October” factory and development of territory concept

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The Challenge

Cushman & Wakefield was appointed by “GUTA- Development” as a consultant for territory development of the factory “Red October”, located in Moscow, Bersenevskaya embankment 6. Here it’s planned to be built multifunctional residential complex. This project is unique due to its location and significance for territory development of Moscow.

On the site of former chocolate factory will soon appear a new neighborhood, with modern lofts, new residential facilities, hotel and art gallery. Meanwhile all historical building will be saved and restored.

The Solution

Development Consultancy Team started to work on the project in 2011. As a part of the work Cushman & Wakefield Team provided information and advisory support for architectures and designers of the client concerning these points: project concept development, formatting of pedestrian areas and driveways for transport, whole concept of zoning and phasing, optimization of sublevel planning solutions, calculation of future leasing rates for commercial real estate, organizing of parking zones.

The Results

As a result a concept of new multifunctional and residential complex was created in the center of Moscow in the site of former industrial zone. Due to strong concept “Red October” must be a good location for residential facilities and lovely place for Muscovites entertainment.