LSR will build more than 40 thousand square meters of premium housing on the site of the former Liviz distillery in St. Petersburg. Company bought the former territory of Liviz distillery 4 years ago for ₽1.1 billion. Land plot of 3.6 hectares is located on the first line of Sinopskaya Embankment, next to the business district Nevskaya Ratusha, where some committees and departments of the Smolny city government are located. Experts estimate that investment in the project will amount to ₽8-9 billion.