OREANDA-NEWS. On 29 June 2009 was announced, that construction of a new shopping centre is to be completed on 8 Zakharyinskaya Street in northwestern Moscow by 31 December 2009.

City Hall’s relevant order was signed by Moscow Mayor Yuri Luzhkov on June 25. According to the document, LLC Monolit Ka is assigned to act as an investor of the project.

Besides, LLC Monolit Ka was fined due to the non-fulfilment of the commitments to complete the development by 31 December 2008 which had been undertaken by the company before.

The prefecture of Moscow’s northwestern administrative district is to supervise the implementation of the investment project.