Russian cities are increasingly focusing on waterfront development projects, aiming to transform rivers and bodies of water into attractive social and leisure spaces. These projects can significantly boost real estate values, with potential increases of up to 60% after coastline renovations.

Experts highlight that improving embankments and residential development around them serves as a powerful catalyst for modern urban development in Russia. Cities are recognizing the potential of their waterfronts, which were once primarily logistical and economic areas, to become vibrant hubs for recreation and community engagement.

Several large-scale embankment reconstruction projects are currently underway across Russia. These initiatives aim to create unified public spaces, stimulate local economies, and enhance the overall quality of life for residents.

In Irkutsk, a major urban planning project is underway to create a unified 11 km embankment along the Angara River, connecting disparate sections of the coastline into a continuous promenade. This project aims to create new jobs and attract both residents and tourists. The Riverang club quarter, a residential development project close to the coastline, will also contribute to the embankment’s improvement.

Voronezh is undergoing extensive improvements to its embankments on both sides of the Voronezh Reservoir. The Petrovskaya embankment is being revitalized with landscaping, pedestrian promenades, bicycle paths, and a pump track. Similarly, the Chuyev embankment on the left bank is being improved alongside the development of the new Z-town residential complex, which includes a network of walking routes, recreational areas, and landscaping along the shore.

St. Petersburg, often called the “Northern Venice,” is creating an eco-trail on the banks of the Kamenka River in the Novoorlovsky Reserve. This 2.7 km eco-route will feature information stands, birdhouses, benches, and a wooden deck path, providing visitors with opportunities for eco-education and recreation in the natural environment. The project is a collaborative effort between the City Committee for Nature Management and Lenstroytrust Group.