Moscow to build renovation housing at Cherkizovsky market site
Residents from the Izmaylovo district five-story apartment houses will be relocated there.
A modern residential compound will be built at the site of the Cherkizovsky market in Moscow. The project will be implemented as a part of the housing renovation program, according to Deputy Mayor for Urban Development Policy and Construction Marat Khusnulin’s Friday statement.
26 hectares have been allocated for the construction, he specified. New apartments will be given to residents of the demolished Izmaylovo district five-story apartment houses. It will take up to eight months to develop planning design, the deputy mayor estimated. The Moscow residents will be able to move to their new housing in two to three years.
The Cherkizovsky market is infamous for being frequently covered in criminal news. It used to be one of the biggest and most troublesome Russian markets. People have been trying to get it closed since 2001. However, it ceased operations only in 2009. Former Cherkizovsky owner Telman Ismailov has been put on the wanted list for murder.