Overview
The possibility of construction of a large warehouse complex was accepted as the main hypothesis which concerns the territory development of the Object. The possibility of alternative variants of the territory development was also considered as a part of the performed analysis. According to the results of this analysis it was recommended to construct a terminal warehouse complex and industrial park for the purpose of business diversification. Other ways of commercial usage of the present territory, taking into account well-established and perspective surroundings of the territory, do not seem effective.
Technical data
- Land plot area — 70 HA
- Site area— 375 000 sq. m
- Total area of construction — 390 000 sq.m
- Warehouse terminal — 300 000 sq.m
- Industrial park — 90 000 sq.m., including business park – 20 000 sq.m
- Leasable office space — 17 000 sq.m
- Realization date of the Project 2008-2012 (3 phases)
- Total budget of the Project - $ 575,0 million
- IRR = 14,2%
- NPV = $ 99,0 million with 12 % discount rate
Details
The Object is located in an industrial area close to the planned ring road around St. Petersburg. This fact considerably increases the Object attractiveness from the viewpoint of development of industrial and logistics complex on its territory. At the same time it is essential to take into account the necessity of revegetation of the Object territory and rise of land plot level, as well as the location of the present territory beyond the first line of the major trunk road (Volhonskaya road)
Performed services
- Analysis of the Object location;
- Analysis of possible variants of the territory development;
- Market review of warehousing property in St.Petersburg with an emphasis made on the Object location;
- Description of chosen/best variant of development;
- Maintenance of the Project preliminary sketches (general plan of the territory and 3D variants);
- Brief analysis of effectiveness of the Investment Project
Project team
Customer — LLC «Glavstroy-SPb»
Consultant — GVA Sawyer
