Eurostroyholding+ LLC, a Kazan developer led by Vladimir Kazilov, is undertaking the reconstruction of the Central Store building on Moskovskaya Street in Kazan. The project is financed with a budget of 9.7 million rubles. This update comes from Real Time reporting.
According to the publication, the overall cost of the works was revised downward by nearly 49 thousand rubles from the initial estimate. The project timeline set a completion date of December 1, 2024, with funding allocated from the republic budget. Glavstroy from Tatarstan serves as the contracting authority for the project, and the agreement with the construction firm was finalized under their oversight.
Upon completion, the Kazan Central Shopping Center is slated to house the Center for Folk Arts and Crafts. The facility will feature spaces for workshops, production areas, and classrooms for master classes, turning the historic building into an active hub for craft education and cultural programming.
Damir Natfullin, Deputy Minister of Culture of Tatarstan, described the mission as restoring the Central Store to its former prominence. He recalled that the building once held a central role in the city’s commercial life and cultural scene, emphasizing a revival of that legacy through careful restoration and adaptive reuse.
From the Tatarstan budget, mid-December allocations included funding for a major road project connecting the Yoshkar-Ola – Zelenodolsk – M-7 corridor with the Kazan border. The subsidy is designated for JSC Tatdortransinvest, supporting transportation infrastructure that connects regional routes and improves access to the city.
Earlier reports noted an uptick in real estate market activity within Tatarstan, signaling increased confidence in property development and investment in the region.