Pushkinsky District in St. Petersburg is experiencing a surge in housing development, marked by diverse construction types and promising prospects. The area’s appeal stems from its favorable environment, convenient location, and proximity to historical landmarks. Despite transport challenges, the district’s growth is fueled by ongoing and planned infrastructure projects.
Last year, Pushkinsky District ranked third in new housing supply, accounting for 11% of the total apartments offered for sale. This indicates a strong interest from both developers and buyers. The area is attracting key developers like Setl Group, LSR, KVS, and Etalon, who are contributing to the district’s dynamic growth.
The district’s development is heterogeneous, with distinct locations offering different characteristics. Near the historical borders and in the Pushkin area, medium- and low-rise buildings are prevalent, appealing to buyers who value tranquility and green surroundings. In contrast, Shushary features high-rise, dense developments with more affordable prices. Areas near Pulkovo airfield have height restrictions due to aviation requirements.
Approximately one-third of transactions in the area are for residential complexes in Shushary. This location benefits from ongoing infrastructure improvements, including the Slavyanka tram line, which will connect Shushary to Kupchino and Slavyanka. The Etalon Group highlights that schools and kindergartens are also being systematically put into operation in Shushary.
Residential complexes in Pushkinsky District mainly belong to the mass-market segment. In the first quarter of 2025, 17% of the total volume of new projects were launched in the district, with another 14% launched between April and mid-May, underscoring the high activity of developers. Average prices per square meter in new buildings increased by 17% compared to April 2024 and by 4% since the beginning of the year.
Pushkinsky District’s mixed development combines private houses, low-rise quarters, and dense multi-story buildings. The district boasts a high percentage of green areas, parks, and recreational components. It is one of the few physically peripheral districts perceived as having the potential for both comfort- and business-class real estate.
A significant drawback is transport accessibility. The existing transport infrastructure is struggling to keep pace with the volume of housing being built, leading to congestion during peak hours.
Looking ahead, the district is attractive for residential projects due to its undeveloped land, prestige, stable development, and high demand for apartments. The Yuzhny satellite city project, including the creation of ITMO Highpark, will further boost the district’s investment climate. Planned infrastructure projects such as the Slavyanka tram line and the Pulkovskiye Vysoty transport interchange will improve transport accessibility.