Lviv starts building $160 million IT park

Earlier this month Andriy Sadoviy, the mayor of Lviv (Lvov),  technologically advanced city of Western Ukraine, announced the construction of the Innovation District IT Park, touted “the biggest infrastructure project of the Lviv IT industry,” to kick off on June 30.

The project, which was announced a year ago, intends “to provide office space for nearly 30 IT companies with about 14,000 employees which will create dozens of new jobs” at the cost of $160 million.

Brookfield Asset Management, a global Canada-based alternative asset manager, will reportedly become one of the backers of the project, reports local tech blog AIN.UA.

The 10-ha IT park will consist of “office buildings, campuses and labs, kindergartens, shopping malls and all other possible facilities for IT professionals.” The Ukrainian Catholic University will occupy a building at the territory.

Galereja Centre, a local private investment and development company, will become the main developer of the project.

The IT park was initiated by a group of Lviv (Lvov)-based international IT companies, such as N-iX, SoftServe and Global Logic, in cooperation with the Lviv IT Cluster.

Sources: Andriy Sadoviy, AIN.UA, Innovation District IT Park.

Topics: IT services, Lviv, News, Regions
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