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The Saint Petersburg Commodity and Stock Exchange is based in a housing complex in
The Saint Petersburg Commodity and Stock Exchange is based in a housing complex in Saint Petersburg
Saint Petersburg ( rus, links=no, Санкт-Петербург, a=Ru-Sankt Peterburg Leningrad Petrograd Piter.ogg, r=Sankt-Peterburg, p=ˈsankt pʲɪtʲɪrˈburk), formerly known as Petrograd (1914–1924) and later Leningrad (1924–1991), i ...
, Russia
Russia (, , ), or the Russian Federation, is a List of transcontinental countries, transcontinental country spanning Eastern Europe and North Asia, Northern Asia. It is the List of countries and dependencies by area, largest country in the ...
. Its offices along with the residential buildings were constructed in 2007–2008 on Vasilievsky Island
Vasilyevsky Island (russian: Васи́льевский о́стров, Vasilyevsky Ostrov, V.O.) is an island in St. Petersburg, Russia, bordered by the Bolshaya Neva and Malaya Neva Rivers (in the delta of the Neva River) in the south a ...
near a recreation center.
After the center was built, it was recognized as a town-planning error.
The government of Saint Petersburg
A government is the system or group of people governing an organized community, generally a state.
In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a ...
required the builder to reduce the number of floors. The modifications were supervised by the vice-governor of Saint Petersburg, Roman Filimonov. Work on the height reduction to 54 metres was originally planned to be finished by August, 2009, but on August 3 the requirements were extended to the end of that year.
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