The physical motivations, present status, main results in study of cosmic rays and in the field of gamma-ray astronomy as well future plans of the TAIGA-1 (Tunka Advanced Instrument for cosmic ray physics and Gamma Astronomy) project are presented. The TAIGA observatory addresses ground-based gamma-ray astronomy and astroparticle physics at energies from a few TeV to several PeV, as well as cosmic ray physics from 100 TeV to several EeV. The pilot TAIGA-1 complex is located in the Tunka valley, ~50 km west from the southern tip of the lake Baikal.