OREANDA-NEWS. December 17, 2009. An office centre with underground parking is to be developed within the area leased by JSC Mosavtosteklo in southern Moscow.

According to a source from City Hall, the cost of leasing the site intended for the office centre will be increased up to 61.5 per cent of its annual cadastral value.

The official added that the 0.402-hectare site on Derbenevskaya Street had been leased by JSC Mosavtosteklo earlier for running the storage facilities.

The company is to have the office centre designed by 2011. It will then develop and commission the structure, including the car park.