Construction of a multifunctional trade and business complex (Kryvorizka TC)

Project Description
Construction of a new multifunctional complex with a business center and an extensive infrastructure, as well as a comprehensive reconstruction of the territory.
Transport infrastructure:
- regional highway Р-74 – 4.2 km, national highway Н-11 – 20 km;
- junction loading and passenger railway station «Rokuvata» – 2.8 km, loading and passenger railway station «Vecherniy Kut» – 6.4 km;
- «Kryvyi Rih» airport 36.7 km;
- the Saksahan river- 0.1 km, the Inhulets river – 26 km;
- the city of Dnipro – 146 km.
Cooperation mechanism
- share participation;
- land lease.
Project Initiator
Public utility provider «City development institution Kryvyi Rih»
http://irm.kr.ua/uk/
Project duration
2 years
Project objectives
- making a profit by leasing/selling space to business entities;
- expansion of business opportunities and the ability to find new partners;
- synergistic effect from the interaction of companies operating in the business center;
- profit from doing business on premises;
- business infrastructure development in the city;
- creation of new workplaces;
- increasing tax revenues to the community budget;
- improvement of the adjacent territory.
Project indicators
Required investments: $ ≈ 6,67 mln (economic indicators of the project will depend on the type of construction chosen and the stages of implementation).
Technical parameters
Land plot
Square: total area of the territory including green space ≈ 6 ha; land plot area for construction – 5.5 thousd. m²;
Special purpose: for the construction and maintenance of trade buildings; for placing a shopping center and a hypermarket;
Cadastral number: is assigned
Steward: Kryvyi Rih city council.
Engineering infrastructure header
Water supply
Power supply
utility systems are linked up with land plot (water supply and disposal, power supply)
Additional information
Structural benefits of project implementation:
- Pokrovsky district of Kryvyi Rih is one of the largest districts of the city with a population of about 132 thous. people, the area of the district is 5953 ha.
- Solvent population;
- The economic potential of the region is made up of 12 large industrial enterprises, including:OJSC “Central Mining and Processing Plant”, PJSC “Kryvyi Rih Iron Ore Plant”, OJSC EVRAZ Sukha Balka.
- The number of people employed in large industrial enterprises is 17 thousand people.
- The number of people employed in small and medium-sized businesses is 2.5 thousand people.
- The area of available rental objects for placing a business is 15.2 thous. m²
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