The first and second dormitories at ITMO’s second campus are currently under monolithic construction. The complex is expected to accommodate up to 1,100 students in one- and two-bedroom apartments across 33,000 square meters. The initiative receives funding from the federal budget. In total, the first construction stage of ITMO Highpark will include the main campus, several dormitories, and a power distribution center – with a total area of 66,500 square meters.

The heating network is also underway at ITMO Highpark. Thus far, the first segment of the future network is completed; the former pit was covered with a lawn, and pedestrian and bicycle paths were installed at the site. The heating network should be completed by the end of the year. Construction is also underway forthe power distribution center that will provide heating and air conditioning to the facilities; the preparatory works are finished and the foundation is laid for the building.

ITMO Highpark is a future world-class research, educational, and innovation center under the aegis of ITMO University. The complex will be home to the university’s second campus, along with dormitories and research centers. The campus will primarily focus on Master’s and PhD programs, with an emphasis on practice-oriented research and its commercialization. ITMO University will retain its campuses in the downtown, where Bachelor's and Master's students will continue to pursue fundamental research-oriented programs.

The new campus will appear in the Pushkinsky District, alongside the future Yuzhny satellite city, which is a strategic project of the city of St. Petersburg. Approximately 10 million square meters of real estate – residential, commercial, and administrative – will be constructed within the new city. ITMO Highpark will take up an area of 86 ha alongside the southwestern side of Kievskoye Shosse between the interchange to Kondakopshino and the border of the Leningrad Oblast. The complex is expected to create over 12,000 new jobs.

The project is implemented by ITMO University, the Government of Russia, and the Government of St. Petersburg within the state program Scientific and Technological Development of the Russian Federation.