2024: Vladivostok will have a satellite city for 1.4 trillion rubles
On January 31, 2024, the Far East and Arctic Development Corporation (KRDV) announced that Vladivostok will have a new city with a population of about 80 thousand people. Investments in this project are estimated at 1.4 trillion rubles, and it is planned to implement it in the format of a public-private partnership. The new settlement will be called Sputnik.
KRDV CEO Nikolai Zapryagaev said that the largest banks are ready to support the initiative. According to him, by the end of January 2024, master planning of the territory for the satellite city was completed, engineering surveys and design of the first objects began. The settlement will be located on the territory of the advanced development of Primorye. This is land with an area of about 1.4 thousand hectares 30 minutes from the center of Vladivostok. On the territory, it is planned to build integrated housing and develop a new comfortable environment on the shore of the Amur Bay. In accordance with the plans, at least 2.5 million square meters of residential and commercial real estate will be created.
The project includes work to deploy the energy, social, transport and other infrastructure necessary for the development of the new city. It is assumed that in the total volume of investments about 1 trillion rubles will be private funds. The satellite city is included in the master plan for the development of the Vladivostok agglomeration. The first stage of investments will amount to approximately 30 billion rubles. The creation of a settlement will allow combining the Vladivostok city district and the city of Artem into one agglomeration with a population of more than 1 million people.
 | Let's start building from the embankment. We call her "the first mile." It will be a point of attraction for people not only from the Far East, from the Primorsky Territory, but also from nearby regions, as well as neighboring countries, there will be, one might say, a showcase in the Asia-Pacific region, says Zapryagaev.[1] |  |
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