Construction began on Moscow City in 1992 on Presnenskaya Embankment. The total area developed on a territory of 60 ha was to be 4.1 m sq.m. of office, retail and other real estate.
The Moscow City project is now approximately 60% completed. Properties with a total area of 2.5 m sq.m. have been opened, over half of them in 2011–2017.
Over 55 thousand work places have already been created.