The center is the economic and political hub of the city. It is also the oldest district in the city and where it was first settled. The center contains the majority of landmarks and attractions in the city, including the Volkov Theater, the Church of Elijah the Prophet, the football stadium, and the Volga embankment and the monastery, which is often mistakenly called the kremlin. Pyatyorka is located north of the center but is still under its administrative jurisdiction. Pyatyorka is largely a residential region with very few notable sites, aside from a few houses of culture. Across the Kotorosl lie Frunzensky and Krasnoperekopsky City Districts, which are divided by Moskovsky Avenue. Frunzensky is a relatively new district, constructed in the post-war era. Most of the buildings are of typical grey Soviet construction. Frunzensky City District is divided into three microdistricts: Suzdalka, Dyadkovo, and Lipovaya Gora. Krasnoperekopsky City District is one of the oldest parts in Yaroslavl. Before the 1917 Revolution, it was home to the bulk of Yaroslavl's industry, and a good deal of industry remains today. Krasnoperekopsky City District is divided into two microdistricts, one of which is Neftestroy, an up-and-coming region, named for its proximity to Yaroslavl's oil refinery. Neftestroy is home to the newly built hockey arena, and there were plans to build an indoor football stadium there by the millennial anniversary of Yaroslavl's founding in 2010. On the other side of the railway tracks that run through Krasnopereposky City District lies the Perekop proper. Today, Perekop is known as one of the most dangerous areas of Yaroslavl. It consists largely of run-down, pre-Soviet izbas and decaying factory buildings. There are plans to pump life into this depressed district, but at the time of writing, it remains extremely impoverished and dangerous. Much of Yaroslavl's mafia grew out of Perekop. However, Perekop offers some of Yaroslavl's most beautiful parks and churches, most notably the Church of Saint John the Baptist, which is located next to a paint factory on the Kotorosl embankment; and Peter and Paul's Cathedral, a Protestant-style Orthodox church. North of the center there is a small industrial region, which is home to the tire factory, the engine plant, as well as many other smaller factories.