OREANDA-NEWS. On 21 April 2008 was announced, that Midland Development included in Midland Group has increased more than twice as much a building area on 88 Prospekt Vernadskogo, near Yugo-Zapadnaya station of the Moscow Metro. The additional investment will equal \\$450 million.

Earlier it was planned to erect a 103,000-square-metre residential complex on the 9.4-hectare site. Now the area of the community equals 230,000 square metres.

According to the project, two 37-storey dwelling houses with an underground car park for more than 2,000 parking spaces are to be constructed on the site. The penthouses will be located on the upper floors of the buildings. The objects of the Moscow state teachers’ training university named after Vladimir Lenin will be also erected on the site.