Wainbridge and Areal-Development celebrate 10th anniversary of partnership

23 June 2021 Vladivostok, Russia
Wainbridge and Areal-Development celebrate 10th anniversary of partnership
On 7 June with a celebration ceremony of the 10 years successful partnership of Wainbridge and Areal-Development, the two companies celebrated this anniversary at the site of their joint project in Vladivostok — Residential complex NOVATORIA.

To honor this important date the Founder of Wainbridge, Kirill Pisarev, and CEO of Areal-Development, Alexander Schmidt laid a commemorative coin that will bring fortune, prosperity and well-being to future residents of the project.

High-quality residential projects on Vladivostok’s market are great results of the combined efforts of two companies. Thus, Michael Belton, President of Wainbridge inspired the team of the company-partner for the concept of their previous project MARINIST. In January 2021 the companies signed their first joint venture on NOVATORIA.

Shmidt Alexander.jpg
Alexandr Shatalov
Wainbridge International
CEO of
Areal-Development

Wainbridge team have demonstrated their ability to succeed across all aspects of developer’s business: concept creation, scheduling, construction management, etc. This time we asked them to join to create a residential product that would be a level-higher among others on the market. Using their experience we will distinguish NOVATORIA in terms of efficiency and quality standards in Vladivostok. 


Wainbridge is responsible for the works in Building A of NOVATORIA, where apartments will be delivered with fit-outs. The company’s scope of duties includes works on new fit-out solutions, building structure improvements, layout modification, entrance halls interiors and overall construction performance.

To date the works on substructure of the building has been started and there are already first results: foundation and floor slab arrangement for the third underground level for the parking spaces.

Expected completion time: Q3 2014