Governor of Sverdlovsk Region Eduard Rossel and the Russian Federation President Vladimir Putin met to discuss the regional building and housing industry development and Academic construction project. This is an interesting project meant for providing homes to 350,000 people. According to the Governor, this district will represent the new concept of a comfortable life, as the project covers the infrastructure development and construction of trade centers and entertainment facilities.

This new district is to appear in the south-west of Yekaterinburg and is expected to occupy 2,500 hectares of land, with 1,200 hectares covered by forests and parks and 1,300 hectares used for putting up over 9m square meters of housing and over 4.2m square meters of buildings meant for commercial and socially important purposes. Three highways will provide a link to the center of the city, and there is also going to be a high-speed tram service. This will become home to 325,000 dwellers, with houses and flats divided into five categories: 51% of dwellings will belong to economy class, 33% of them will be middle-class ones, 11% of the dwellings are to be classed as business class ones, with 4% and 1% belonging to premium class and town house class, respectively. Besides, a university campus and a large medical center will be created as well.