Location
This mixed-use (commercial/retail and residential) development project is
located in the very heart of Zolitude, one of the most popular residential
districts of Riga. It is a 1 ha corner property which will be developed in two
phases – first the commercial project and then the residential building. The
site enjoys easy access to downtown Riga by rail and is not far from the popular
seaside resort town of Jurmala.
Development Project
We have designed a two-phase project consisting of a retail building with
about 4500 m2 of lettable space and a residential apartment building of about
10000 m2 of sellable space. Several large retailers have shown interest I the
retail space. The project has been designed by Latvian leading architect company
KUBS, with an integrated green recreation area on the roof of the retail center
in front of the residential tower.
Surroundings
While a number of nice new residential developments have been built in
Zolitude in recent years there is a strong need for a good hypermarket in the
neighborhood. It is also relatively close to the Spice shopping center.
Riga is the capital of Latvia, and with approximately 720,000 inhabitants, it
is the largest city in the Baltic countries. It is situated on either side of
the Daugava River, near where it flows into the Baltic Sea. It is the political,
economic, and cultural centre of Latvia.
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