Cable Way Project


Cable Way Project

 

Project summary

The communication between the Northern Administrative District (Levoberezhny and Golovinsky) and the North-West Administrative District (Tushino) is impeded due to the need to bypass the Khimki reservoir. The detour takes public and personal transport up to 45 minutes due to excessive mileage and traffic congestion. The construction of bridges over the Khimki reservoir is not envisaged by the territorial planning documents. The cable way project will help to create a transport link between the areas, to unload the road network, the ground public transport system, the Zamoskvoretskaya and Tagansko-Krasnopresnenskaya metro lines.

The project involves the construction of a 2300 m two-station cable way with the travel time of about 7 minutes. The car capacity of up to 30 passengers is supposed to ensure the passenger traffic of up to 19 thousand people per day or 2.5 thousand people per hour. All the relevant land plots are owned by the city. The cable way fare will be ca. RUR 40, with the Troika card integration. This project is expected to ensure the travel time reduction by 30 minutes against the metro bypass, and by 25 minutes against the surface passenger transport.

The facility payback and maintenance needs are planned to be covered by direct ticket revenues, advertising and commercial space use. The created facility will be the city property, while the investor will perform the construction and operate the facility for 20 years. The contract is based on a private initiative.

Financing RUR 3.8 bn

Implementation terms: 2018-2041 (including a capital investment stage from 2019 to 2021).

Financing source: the project is financed by private investment.

Results (2018-2039)

Creating a modern cable way between the Skhodnenskaya and Rechnoy Vokzal underground stations. Improvement of the transport communication between the Northern Administrative District (Levoberezhny and Golovinsky) and the North-West Administrative District (Tushino). The investor will operate the cable way for 20 years.

Current status

The project has been approved by the Moscow Department of Transport; the Moscow Architecture Committee, the Moscow Department of Natural Resources Management and Environmental Protection, the Moscow Department of City Property, the Moscow Department of Cultural Heritage have confirmed the absence of obstacles to the project implementation. Financial modeling based on the executive bodies’ data has been carried out; the project basic legal conditions have been developed. In addition, a draft concession agreement is available. The investor has submitted a private concession initiative, which is currently in review with the terms and conditions to be agreed upon.