The building is located in one of the most prestigious and rapidly-developing neighborhoods in St. Petersburg. It is 1.5km away from the ultra-modern Lakhta Center, a building complex currently under construction situated right on the coast of the Gulf of Finland, which has an area of 400,000m2 and will contain the offices of the Gazprom Group. Construction work on the Lakhta Center will be complete by the end of 2018, which will inevitably lead to an increase in the cost of the real estate around it.