Cityscape with skyscrapers, Moscow river and bridge

Moscow International Business Center, informally referred to as Moscow-City is a commercial district of central Moscow, Russia. Located near the Third Ring in Presnensky District of western Moscow, the Moscow-City area is currently under intense development. The Moscow IBC 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. The construction of Moscow IBC is taking place on the Presnenskaya embankment. The entire project takes up 1 square kilometer, and the territory chosen is the only area in downtown Moscow that can accommodate such a project. Before construction began, most of the buildings in the area were old factories and industrial complexes that had been closed or abandoned.