BGV Development and partners launch residential complex project in Zhytomyr
BGV Development, in partnership with construction company ArtHouse Group, has begun construction on the Manhattan residential complex in Zhytomyr. This marks the first joint venture between the two companies.
The complex will be located in Zhytomyr’s Koroliovskyi district, on Ivan Sliota Street, within an established residential area featuring well-developed infrastructure and convenient connections to the city center.
Aimed at the business-class segment, the project will comprise eight buildings, each rising to 10 stories. The first three buildings are scheduled to be put into operation in the second quarter of 2027.
The project stands out for its comprehensive approach to creating a modern residential environment. In particular, the architecture of the complex draws inspiration from Manhattan, New York, and blends design elements from various eras, giving each section a unique look.
Key features of the project include:
- A private, enclosed courtyard with children’s and sports playgrounds, as well as leisure zones
- An underground shelter equipped for residents’ safety
- A wide range of layouts, from smart apartments to three-bedroom units (ranging from 31 to 77.84 square meters), with flexibility for customization
- Enhanced energy efficiency through individual heating, modern insulation, and high-quality building materials
- A comprehensive on-site infrastructure, including shops, restaurants, and other amenities, to create a complete living environment
“Partnering with strong and reliable players in the market is a key part of BGV Development’s long-term strategy. Such cooperation enables us to deliver projects of varying complexity and scale successfully. Our work with ArtHouse Group combines expertise, management approaches, and a shared vision for creating modern residential spaces. For us, Manhattan in Zhytomyr is the starting point of this partnership and a foundation for future joint development initiatives,” said Maksym Kovalenko, CEO of BGV Development.
Background
- BGV Development is a development company within Gennadii Butkevych’s BGV Group Management, focusing on residential, commercial, and infrastructure projects. Founded in the summer of 2024, it was launched in response to Ukraine’s growing reconstruction and new construction needs.
- ArtHouse Group is a developer that has delivered several projects over the past 10 years, including the Domashniy, Vilsky, Olimp, Smart CITY, Smart CITY 2, Simeinyi, Status, and Domashniy-2 residential complexes. The company is currently completing the Panorama and Bulvar residential complexes, both of which are set to be commissioned this year.
