Reconstruction of non-residential premises into an apartment in an apartment building at 92 Komkova St. in Kherson (for social housing)
Sector
Housing
Stream
Reconstruction of non-residential premises into an apartment in an apartment building in Kherson (for social housing)
Preliminary Investment Feasibility Study
Project Status
Investment Feasibility Study
Entry into Portfolio
Local level of SPP
Implementation
Completion
- Preparation
- General information
- Strategic Case
- Economic Case
- Financial Case
- Management Case
General information
Description of the project
This project aims to reconstruct a non-residential premises (apartment) located at: 92 Komkova St., Kherson, with its subsequent transfer to the housing stock.
1. General information about the facility
• Address: 92 Komkova St., Kherson.
• Legal status: Non-residential premises owned by the community.
• Total area: 50.2 sq.m.
• Type of premises: Full-fledged one-room apartment, located on the 9th floor, entrance from the entrance.
The purpose of the project
Main goal:
Increasing compliance with modern standards
Secondary goal:
Increasing compliance with modern standards
Description of the purpose of the project and ways to achieve it
This project aims to reconstruct a non-residential premises (apartment) located at: 92 Komkova St., Kherson, with subsequent transfer to the housing stock.
1. General information about the object
* Address: 92 Komkova St., Kherson.
* Legal status: Non-residential premises owned by the community.
* Total area: 50.2 sq.m.
* Type of premises: Full-fledged one-room apartment, located on the 9th floor, entrance from the entrance.
Problems and solutions resulting from project implementation
The main problem is the legal status of the facility: the premises are non-residential, although in fact they have the area of a full-fledged one-room apartment (50.2 sq.m.). This status requires an official change through the reconstruction procedure.
In addition, the engineering networks are in a critical state. The electricity supply is disconnected and requires a complete replacement of the old network, since there is no meter or modern group lines with circuit breakers. The situation is similar with water supply and sewage: they are disconnected, replacement of intra-building networks and installation of meters are required. In addition, the premises lack a functional bathroom and shower, which is unacceptable for housing. As for gas supply, it is absent in the premises, and the meter, accordingly, is also absent. In general, the technical condition of the premises does not meet modern construction standards and housing requirements.
Results of problem solving
The implementation of the project will provide a comprehensive solution to these problems, which will lead to the achievement of the main goal - the transfer of the facility to the housing stock.
First, the problem of legal status will be resolved: the premises will be officially transferred to the housing stock after completion of all work and documentation. Secondly, the problem of the absence and malfunction of communications will be resolved. All engineering systems will be restored, replaced with new ones and connected: a complete replacement of electrical networks will be carried out with the installation of a new switchboard, circuit breakers and meter; water supply and sewage pipelines will be replaced, a water meter will be installed, and a modern bathroom and shower cabin will be arranged. The gas supply system will be connected and equipped with a meter after the necessary approvals.
Thus, as a result of the project, the premises will become a full-fledged, modernized and technically equipped one-room apartment, which fully meets modern housing stock standards.
Socio-economic context
Indicator
Value
Number of people who will use the service
2 human
Strategic Case
Strategic feasibility of the project
Sector
Housing
Subsector
Housing Reconstruction
Stream
Reconstruction of non-residential premises into an apartment in an apartment building in Kherson (for social housing)
Strategic document
State Strategy for Regional Development for 2021–2027
Task
15 Comfortable accommodation
Project objectives
Indicator
Base value
Target value
Percentage of apartment readiness for occupancy
0 %
100 %
Demand for the service and its dynamics
Indicator
Year
Demand
Annual demand for services/infrastructure
1
100 human
Economic justification
Alternative technical solutions
Technical Solution 1
Reconstruction of non-residential premises into an apartment in an apartment building at 92 Komkova St. in Kherson (for social housing)
Technical Solution 2
Construction of a new one-room apartment (50.2 sq.m.)
Total costs420'000 UAH48'808'410 UAH
Average annual costs70'000 UAH469'752 UAH
Project duration, incl.4 months33 months
Service life600 months600 months
Target indicatorsDefined Defined
Technical Solution Status
Active
Rejected
Components of a technical solution
Financial justification
Total project budget
Total preliminary budget420'000 UAH48'808'410 UAH
Capital costs420'000 UAH48'808'410 UAH
Operational costs0 UAH0 UAH
Preliminary cost breakdown
Operating costs for implementation0 UAH0 UAH
For preparation5'000 UAH1'500'000 UAH
For implementation400'000 UAH23'820'810 UAH
For operation0 UAH23'487'600 UAH
For closing15'000 UAH0 UAH
Average project cost per service recipient
Service UnitВартість реконструкції 1м2 житлаВартість одиниці площі (1 м2) "під ключ"
Service Unit Cost13'555 UAH38'733 UAH
Profitability of the project
Is the project expected to generate income?
ResponseNoNo
Project Financing Mechanisms
Are funding sources and mechanisms identified?
Source and MechanismYesYes
Funding Sources
Approved Funds420'000 UAH0 UAH
Expected Funds420'000 UAH0 UAH
Management Rationale
Risk assessment
Technical riskDefinedDefined
Financial riskUndefinedDefined
Results of the feasibility analysis
Economic Analysis
Social benefits and costs
Rapid provision of housing: The implementation of the reconstruction project allows for the provision of housing to young professionals in a frontline city in just 3.5 months, which is critically important for supporting the community’s livelihoods in wartime. Change of purpose: Using the premises for housing deprives the community of the opportunity to use these spaces in the future for commercial or administrative purposes.
Environmental benefits and costs
Reduction of construction waste: Unlike new construction, reconstruction minimizes the amount of dismantling work. This avoids the generation of tons of construction waste (concrete, bricks, reinforcement), which is critical for Kherson, where the logistics of waste removal are complicated. Local pollution: During internal works, temporary generation of construction dust and a slight increase in noise level are possible. Disposal of old networks: The need for proper disposal of dismantled old pipes and elements of engineering systems.
Indirect benefits and costs
Indirect benefits and costs Description of indirect benefits: Stimulation of the local economy: Completion of work in a short time (3.5 months) allows for the involvement of local contractors, supporting small businesses in the community. Increasing the market value of the building: Reconstruction of non-residential premises into residential and their renovation increases the overall investment attractiveness of the entire building and the surrounding area. Budget savings: Thanks to the cost of 13,555 UAH/m² (instead of 38,733 UAH/m²), the community frees up more than 17 million UAH of budget allocations (code 2155310000), which can be directed to other critical restoration needs. Description of indirect costs: Administrative costs: The need to involve specialists from local government bodies to legally formalize the change in the status of the premises. Potential burden on parking spaces: The conversion of non-residential premises into residential may slightly increase the need for parking spaces near the house.