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The Moscow International Business Centre, also known as “Moscow City”, is a commercial district in central Moscow, Russia. Located east of the Third Ring Road in the Presnensky District of Central Administrative Okrug, the Moscow City area is currently under development. Construction of the MIBC takes place on the Presnenskaya embankment of the Moscow River, approximately 4km west of Red Square, and just east of the Third Ring Road. The project occupies an area of 60 hectares, with the territory chosen being the only area in central Moscow that can accommodate such a project.The MIBC is expected to become the first zone in Russia to combine business activity, living space and entertainment in one single development. The Moscow government first conceived the project in 1992. An estimated 250,000 – 300,000 people will be working in, living in, or visiting the complex at any given time. MIBC includes 6 skyscrapers with maximum height of 300 meters or more . Europe's tallest building, the Federation Tower, is in the MIBC. The complex also includes the second-tallest, third-tallest, fifth-tallest, sixth-tallest, and seventh-tallest buildings in Europe. By 2016 twelve of twenty-three planned facilities of MIBC were already built, seven buildings are in construction and four are in the design stage.
