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YIT Oyj's YIT Uralstroi Launches New Apartment Building Projects in Yekaterinburg, Russia


Monday, 3 Jun 2013 02:00am EDT 

YIT Oyj announced that YIT Uralstroi, a Russian subsidiary of YIT Corporation, has launched a new apartment building project in Yekaterinburg in the Ural region. The apartment complex is called Favorit and it will consist of two buildings and an underground parking hall, with a total of 272 apartments and 99 parking spaces. The number of storeys in the buildings varies from eight to ten. Favorit’s total area will be approximately 25,000 square metres, of which about 17,000 square metres will be residential space. It will also feature premises for day care, facilities management and property maintenance. The Favorit complex is due to be finished by the end of 2014. Another residential project – Forest – will also be started in Yekaterinburg this year. The Forest project will consist of two 25-storey buildings to be built in two phases, with plans for 440 apartments in total. The apartment complex got its name from the surrounding lush urban environment and nearby forests. 

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