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Monuments erected in Apraxinov yard, numbering around thirty, by Smoľny

Winners of the auctions will sign three-year leases, as per the contracts. (Rosbalt)

Thirty monuments installed in Apraxinov courtyard by Smołny
Thirty monuments installed in Apraxinov courtyard by Smołny

Monuments erected in Apraxinov yard, numbering around thirty, by Smoľny

In the heart of St. Petersburg, the historic district of Apraksin Dvor is undergoing a significant transformation. The city has proposed selling certain cultural heritage properties within the district, aiming to attract private investors who can fund the restoration and adaptive reuse of these historic structures.

One such property is a two-story building from 1872, located at 28-30 Sadovaya Street, building 46, liter A, priced at 6.2 million rubles. This building, along with others in the district, is being auctioned off in an effort to alleviate the city's financial burden associated with restoration and maintenance.

The restoration plans for these sites focus on preserving their architectural and historical value. The city encourages restoration that maintains the original features and complies with heritage conservation standards. This includes structural repairs, facade restoration, and updates necessary for modern use without compromising heritage integrity.

By selling these properties to private investors, the city hopes to generate revenue, with potential earnings from the sale of Apraksin Dvor estimated to be over 1.6 billion rubles. However, the city may retain some financial involvement initially, for example, through co-financing or subsidies, to ensure quality restoration and prevent neglect.

The success of this plan hinges on finding reliable investors committed to restoring these sites and integrating them into the city's vibrant urban fabric in a way that benefits public access, tourism, and the local economy.

Notably, the sale of cultural heritage sites is not a new concept in St. Petersburg. Previously, three memorials were reportedly sold for a ruble, and the value of monuments on the city's streets is estimated at 500 million rubles.

The city has posted over 30 auction announcements on the Russian Auction House's website, including a house where Viktor Tsoi, a renowned Russian musician, once lived, which has been recognized as a monument in St. Petersburg.

In addition to the proposed installation of monuments to the director of "Brother" and Vladimir Zhirinovsky, these efforts demonstrate St. Petersburg's ongoing commitment to preserving its rich cultural heritage while embracing economic growth and development.

The proposed sale of cultural heritage properties in Apraksin Dvor, such as the 28-30 Sadovaya Street building, is part of a larger political strategy aimed at alleviating the city's financial burden and encouraging private investment in general-news. The strategic plan includes the transformation of these sites to preserve their historical value, while generating revenue and fostering economic growth.

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