Kyivmiskbud" is an undisputed leader in the construction industry in Ukraine, a fundamental pillar of the real estate market and a trendsetter in architectural fashion. Sounds reliable, but is it really so? After our reviews "Blagovesta and Park Lane. You have well learned that Realest Agency is not afraid to speak the not always flattering truth even about the leaders of the region. It will be interesting to find out what we will learn about "Kyivgorstroy".
How the history of "Kyivgorstroy" was built
Brick by brick Kyiv City Construction "Kyivmiskbud" has been building its empire since 1955. Currently, at the helm of the organization is Vasiliy Ivanovich Oleynik - the chairman of the board and president of the Private Joint-Stock Company "Holding Company Kyivgorstroy". He continues to adhere to the company's original mission - to provide affordable and high-quality products to the widest possible range of users. The focus is primarily on citizens with average income levels, which demonstrates customer-centricity and speaks to an adequate pricing policy.
Key dates in the history of "Kyivgorstroy":
- 1955 - establishment of the Main Department of Housing and Civil Construction at the Kiev City Executive Committee based on specialized enterprises in Kiev, or simply - "Glavkievgorstroy". The new organization was supposed to introduce industrial methods of building residential buildings and significantly accelerate the pace of creating objects.
- 1958 - the beginning of multi-panel housing construction and the commissioning of the first 5-story panel house. It can still be seen on Friendship of Nations Boulevard. The design of such buildings became a real breakthrough and allowed to make positive changes in the quality of life for the capital's residents.
- 2008-2011 - reconstruction of the National Sports Complex "Olympic" as part of the preparation for the UEFA European Football Championship Euro 2012. The work began in December 2008 and was completed in October 2011. This project included modernization and updating of the arena in accordance with international standards and UEFA requirements.
In just the first few years of operation, "Kyivgorstroy" managed to exceed the construction volumes of other organizations that were originally part of "Glavkyivgorstroy" by 30 times. Today, the company can be proud of literally shaping the face of Kyiv. It is this company that gave life to hotels like "Kreshchatyk", "Kazatsky", "Salut", many industrial facilities, university buildings, reconstructed the main transport interchanges and streets of Kyiv. The undeniable record holder is the Southern Railway Station, which was built in just 158 days.
Achievements of "Kyivgorstroy" in 69 years of work
It is not necessary to list all the awards of "Kyivgorstroy" because even half of them will not fit on A4 paper. It is enough to say that since 1998, the company has received more than 80 prizes, medals, cups, and certificates. It has repeatedly been a leader in the region, the best developer in Kyiv, and the leader of the year. In 2017, "Kyivgorstroy" was recognized as the "Leader of the construction industry" by "Forbes Ukraine", and in 2020 it entered the Forbes rating "TOP-100 geographical brands of Ukraine", which proves the organization's recognition at the national level.
The real numbers speak better than any awards for the achievements of "Kyivgorstroy".
- More than 45 million square meters have been built (6,144 houses).
- Another 2.5 million square meters are under construction (124 buildings);
- 1.5 million square meters at the design stage (80 houses).
In addition to residential buildings, over the years, 650 kindergartens, 345 secondary schools, and over 200 medical institutions have been built. Nearly 2,000 employees of "Kievgorstroi" have been awarded state awards for their contribution to the urban development sector. It is also worth mentioning Ukrainian investors, who have invested almost a billion hryvnias in residential complexes from an experienced developer over the past almost 70 years.
Portfolio of "Kyiv City Construction"
The company's portfolio extends far beyond the capital. Currently, properties from "Kyivgorstroy" are available for purchase in Kyiv, Bucha, Odesa, Zaporizhzhia, and the village of Shcherbani in the Poltava region. Among the most iconic residential complexes, apartment sales. Some of the most popular ones currently are:
- "Urlovsky-2"
- Urban Park;
- "Italian Quarter-2"
- Star City;
- "Apricot"
- Lake House;
- "Honey"
- and others.
The developer offers its clients favorable financing conditions so that the already affordable housing is even more accessible to a larger number of investors. Thus, there are credit programs "Housing on credit (primary market)" from "Ukrgazbank (from 7% per annum) and "From dreams to actions" from "Crystalbank" (from 0.01% per annum).
Reviews about projects and collaboration with "Kyivgorstroi"
Traditionally, we have combed through review websites to form our independent opinion about the company based on the experience of real customers. It is worth mentioning that we encountered some difficulties in finding positive reviews.
"I called KMB Customer Service regarding my question, Irina, the consultant, answered the phone and explained everything very professionally. She answered all my questions, clarified all the details quickly, in a clear language and without hesitation. Everyone should represent their company like this."
They build quickly, not always with great quality, but it is the most reliable developer in Ukraine.
Elena Zharko (20.05.2014)
But there was no shortage of current negative aspects:
"For 30 years, not a single house was delivered on time."
Novel (19.10.2023)
"I don't understand how a company, in which 80% of the shares belong to the city of Kyiv, can create such a nightmare. I invested in 2020, they promised completion in December 2020. It's already November 2023, they report that the building has been put into operation, but there is no water, no sewage, and 400 kW is supplied to 3 buildings of 26 floors each!.. There is absolutely no communication with the investors, they respond on Facebook, lie about deadlines, or evade answers. This is a horror and the face of corruption, of which they are not even ashamed. What kind of reputation does this developer have?! How can they officially put a building into operation without any utilities at all?! I hope there is a special boiler waiting for them in hell."
Even more fuel is added to the fire by an expert video investigation, during which they speak without unnecessary modesty about The collapse of "Kyivgorstroy". We recommend that before buying an apartment in one of the residential complexes from the "industry leader", you watch the video and approach the issue of investment responsibly.