• RU Articles
  • GREENSTATE RU News 2021
  • 6/6/2021

A new resident – “TIMES estate” LLC

“YIT Saint Petersburg” JSC and “TIMES estate” LLC (a part of “TIMES” Investment and Construction Group) have signed an agreement.

LLC “TIMES estate” plans to arrange in the Greenstate Industrial Park the first modern production/warehouse complex of the Light-industrial format in Saint Petersburg and Leningrad Region. The project will be implemented in two stages, each comprising a building having the surface area of 10,000 m2, divided into small production/warehouse premises (up to 500 m2), which include an own two-storey office section. Each premise will be equipped with modern digital technologies of the “smart warehouse” type. The planned implementation time of the first project phase is the end of 2022.

Today there is increased clients’ demand for this property format, and one of the reasons is the significant deficit of suitable high-quality industrial premises.

A location for project implementation was chosen taking into consideration such important factors as facility location near the city boundary, suitable urban planning documentation and availability of engineering capacities in full, so the project can be implemented within the shortest possible time and at the minimum risk. That’s why the Greenstate Industrial Park was chosen as a site for facility location.

Tens of companies are already working in the industrial park. 6 more companies are carrying out construction at their facilities and plan to start operating activity in 2021–23.