St Petersburg Authorities Postponed The Renovation Program Under The Krt Law By One Year
St Petersburg Authorities Postponed The Renovation Program Under The Krt Law By One Year

>


Приостановка реновации по закону о КРТ в Петербурге продлена на год

St. Petersburg authorities postponed the renovation program under the KRT law by one year

The program has been causing controversy

The relevant amendment proposed by Governor Alexander Beglov at the end of 2022 was adopted by the Legislative Assembly of St. Petersburg on March 7, 2023. The authorities explained the need to extend the program due to the economic situation and the need to attract new investors. However, the decision has been met with mixed reactions from residents and experts.

The pros and cons of the program

The KRT (Complex Development of Territories) law, which entered into force in July 2022, allows the demolition of entire residential blocks and the construction of new housing in their place. The cost of housing renovation is borne by the developer, and the city allocates compensation to residents. Opponents of the program argue that it violates the rights of residents, as they are forced to move out of their homes for an indefinite period, and often receive compensation that is insufficient for the purchase of equivalent housing.

The authorities promise to take into account the opinions of all parties

The authorities of St. Petersburg have repeatedly stated that they are ready to listen to the opinions of residents and take their interests into account when implementing the renovation program. However, the adopted amendments do not provide for any changes to the KRT law itself, which has caused discontent among public activists. They believe that the city should focus on renovating existing housing stock, rather than demolishing old buildings.

Experts believe that the authorities need to find a compromise

Experts in the construction industry note that the KRT program has both advantages and disadvantages. On the one hand, it allows for the construction of new housing and the improvement of the urban environment. On the other hand, it can lead to the demolition of historically valuable buildings and the displacement of residents who are attached to their homes. According to experts, the authorities need to find a compromise that will allow for the renewal of the city without violating the rights of residents.

The future of the program remains unclear

The decision to extend the renovation program by one year gives the authorities time to find a compromise solution. However, it is unclear whether the authorities will be able to address the concerns of all parties involved. The future of the program remains uncertain, and it is likely that it will continue to be a subject of debate.

Leave a Reply