Rus’ Construction Holding planned to take part in Zavidovo Recreation Complex construction (http://zavidovo.ru/rus/). Rightmark Group was engaged to provide legal support of such participation.
Rightmark Group task at the first stage of project implementation was to conduct a legal analysis of the land plot status, review urban restrictions, assess feasibility of construction within the established time limit. One of the challenges of this project was the need for legal analysis of a large number of land plots for various applications (circa 100) within a tight timeframe. The following step was to develop a project implementation scheme, as well as a contractual framework, in order to balance interests of the project participants.
Unusual nature of this project was due to the need for elaboration of options to provide the necessary utility infrastructure facilities in the development area, including at the expense of subsidies granted by public institutions. Depending on the way to provide the necessary utility infrastructure facilities in the development area, binding relationships between the land owner and developer were built.