Until March last year, apartments for residents of houses slated for demolition were provided at the expense of the share of housing (30-50%) built on sites vacated after demolition. Developers building up the center with luxury houses, as a rule, paid the city with new buildings purchased on the periphery of the city. The demolition program for the dilapidated and five-story building was called “wave relocation.”
The situation changed in March last year, when the mayor's office noted the "attenuation of the wave of relocation" and decided to move on to selling the rights to develop a land plot for "real" money. Several pilot tenders were held, and in July 2002, a decree of the Moscow government appeared regulating the rules for holding monetary competitions (the first was held on March 6 of this year) and the construction of housing for resettled Muscovites using the proceeds from the competitions. It is assumed that when houses are demolished, Muscovites will be offered apartments both in the area of their residence and on the periphery of the city, but with a coefficient providing for a significant increase in the area of the apartments provided. The functions of the general investor for the development of the Central Administrative District are performed by the Department of Investment Programs for Construction of Moscow (DIPS), headed by Leonid Krasnyansky. DIPS, as a city structure, receives plots without competition. To resettle residents of demolished houses, DIPS transfers newly built housing in the Central Administrative District to the Department of Housing Policy (DHP), headed by Peter Saprykin. According to the head of the Department of Prospective Projects of DIPS Evgeny Leonov, last year the department transferred residential land plots instead of the planned 40 thousand square meters. m 49 thousand sq. m.

Newspaper "Kommersant" No. 43 dated March 14, 2003, p. 7

Themes:

Demolition of five-story buildings

How Muscovites are resettled