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City news, 11.03.2008 09:34

Mall To Open By 2012

The multistory underground shopping center under Ploshchad Vosstaniya could open by 2012, Interfax reported Friday, citing St. Petersburg governor Valentina Matviyenko.

The projectís developer, Aditum, has spent $3 million on planning. The total cost of the project is estimated at more than $1 billion. The complex will occupy approximately 90,000 square meters, including parking spaces for 600 cars.

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