page_title: Passage (department store)
section_title: 21st century
hierarchical_section_title: Passage (department store) / 21st century
caption_attribution_description: English: Saint Petersburg, Russia. Inside view of the Passage at Nevsky Avenue. This is a photo of a cultural heritage object in Russia, number: 7802371000 This template and pages using it are maintained by the Russian WLM team. Please read the guidelines before making any changes that can affect the monuments database! Русский: Санкт-Петербург, Россия. Внутренний вид Пассажа на Невском проспекте.
context_page_description: The Passage, from the French word passage, is
  an élite department store on Nevsky Avenue in Saint Petersburg, Russia, which was founded in 1848. The Passage premises have long had associations with the entertainment industry and houses the Komissarzhevskaya Theatre.
context_section_description: The Passage is now privately owned by employees and shareholders. Updates and renovations throughout the entire building were done to meet modern international standards. Expanded showrooms welcomed more customers. Passage established relations with new trade and business partners, such as Escada, and other international department stores. One of the first upscale food markets in Russia, with a wide variety of international produce, opened in the basement. New restaurant opened on the upper level with the panoramic view of the Nevsky Prospect.
  Jensen Group (real estate investment and development company based in Saint-Petersburg, Russia) acquired Nevsky Passage from VTB Bank in September 2011. (Analysts valued the amount of transaction at $80mln.)
caption: Contemporary interior of the Passage
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