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Real Estate

CBC Park Huaming in Moscow

Savant will oversee the planning, design and construction of CBC Park Huaming, the largest Chinese investment project in Russia to date. The center, comprising office, conference, retail, hotel, apartment hotel and entertainment facilities surrounded by a traditional Chinese landscape park, will promote trade, economic and social cooperation between Russia and China. Due to its scale and striking design, it is expected to become a landmark building in Moscow. The development will cover a total of 8.2 hectares and the buildings will comprise 200,000 sqm. The construction will be carried out in two phases; the first to be completed by mid-2009 and the second phase by 2010. The project was originally conceived after conversations between Russian President Vladimir Putin and the former Chinese Prime Minister Zhu Rongji in Moscow in 2001. The Chinese State Council subsequently set up a bespoke company, China Huaming International Investment Corporation, to drive and develop the project. The center is expected to house not only Chinese but also Russian and international companies.

We are delighted that Savant was selected to work on this development following a 12-month competitive tender process. This is a very exciting project for us, not only because it is the first major Chinese investment project in Russia, but also because there are few other buildings of similar size in Moscow. Moreover, China Huaming is our first Chinese client in Russia, said David Self, Savants Principal responsible for the operations in Russia and the CIS.

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