Crocus Group completes four blocks of flats for Vidny Gorod housing complex

Crocus Group completes four blocks of flats for Vidny Gorod housing complex
04.02.2021

As general contractor for the completion of the buildings left unfinished by Urban Group, a developer that declared bankruptcy, Crocus Group has finished construction on houses No. 2 bldg. 2, No. 3 bldg. 2, No. 4 and No. 5 bldg. 1 in the Vidny Gorod housing development.

A Glavgosstroinadzor commission has issued the permit for the Vidny Gorod blocks of flats, which have 901 flats between them, to go into service. The housing development is located in the town of Vidnoye, Moscow Region.

Meanwhile, Crocus Group is working to complete another 12 housing blocks in Vidny Gorod.

In 2018, Crocus Group contracted with the Fund for the Protection of Housing Investors' Rights to complete the 51 buildings left unfinished by Urban Group, representing the investments of more than 13,000 future homeowners. Thus far, the company has completed 18 houses: four in the Solnechnaya Sistema housing development, five in Mitino 02, four in Opalikha 03 and five in Vidny Gorod.

Crocus Group has furthermore built two kindergartens for 120 children in the Solnechnaya Sistema housing development, and will be building a school for 1,100 students.