Samara chooses first investors for historic building restoration

In Samara, the first investors have been chosen to restore historical buildings. After a tender, investors have been determined for four properties: houses on Leninskaya Street, 104–106; Vodnikov Street, 40; Maxim Gorky Street, 119; and Frunze Street, 123–125. The repair work will be carried out by firms «Volzhanin» from Nizhny Novgorod, «Investstroy» from Kazan, and the Samara company «Zeleny Mir».

«The approach to restoring objects of cultural heritage has been fundamentally changed. The city now concludes a contract with the investor, under which they carry out restoration at their own expense within certain deadlines. The building remains in municipal ownership until the work is completed. After that, the investor can open a social institution or organization in it—for example, an office, gallery, cafe, hotel, exhibition hall,» said Samara«s head Ivan Noskov. «For the right to become investors, the first companies will contribute from 2 to 7 million rubles (approximately $22,000 to $78,000 at current rates) to the city budget. Directly into the restoration, of course, they will invest several times more.»

Executive director of the Agency for the Development of Historical Samara, Maxim Golubin, emphasized that each historical object was studied in detail: all important information about its past, architecture, and construction was collected, including the history of building and ancient documents.

«With each of the investors, we will conclude investment-restoration contracts. Then we will step by step accompany the entire process, from design and technical supervision to the full commissioning of the object and its placement under state protection. The restoration is carried out entirely at the expense of investors. Other auctions have been postponed to February,» said Maxim Golubin.

The list of objects continuing to participate in auctions:

Street Alexey Tolstoy corner Komsomolskaya, 33–31/18 (the building of the real school);

Street Leninskaya, 201 (the Ryabinin-Ivanov house);

Street Vodnikov, 84 (the house of the hereditary honorary citizen merchant K.I. Kurlin);

Street Leninskaya, 159–161 / Vilnovskaya Street, 66 (the Sazhin house);

Street Stepan Razin, 82 / Ventseka Street, 33 (the Suroshnikov house);

Street Alexey Tolstoy, 36 / Komsomolskaya Street, 23 (the estate of merchant F.M. Slyusarev).

The new mechanism for the restoration of cultural objects was developed in 2025 by the administration together with the Agency for the Development of Historical Samara.