Instead of the R. Baranauskas Palace – apartment buildings: the developers present the project for public evaluation Business



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15 minutes remember that the abandoned house of Raimondas Baranauskas, the president of the bankrupt Banco Snoras, and his wife Sigita used to be on this plot. The site was bought at auction by Toša, whose main shareholder is the Kenova Group, and is owned by the brothers Kęstutis and Norbertas Faktorovičiai, sons of the well-known investor Anatolijus Faktorovičius. Later, the plot was sold to Realco.

The vision of the 2-5 story residential house project is implemented by the “Arches” architectural firm.

“The project will focus on a high quality of life,” cites the report Julius Dovidonis, CEO of Realco.

Visualization of arches / project Realco Algirdo str.

Visualization of arches / project Realco Algirdo str.

The project provides prestigious segment apartments with 1 to 4 rooms with an area of ​​35 to 120 m2. meters. If necessary, the apartments can be combined, some, on two floors.

On the ground floor parallel to Algrido street. 6 commercial premises with areas from 49 to 80 square meters. meters.

The apartments will have private terraces, balconies, panoramic windows.

The house located on Calle Algirdo will have a large closed patio, divided into independent functional zones: a children’s play area, areas of peace and relaxation and a sports area.

Realco plans to invest around LTL 16 million in the implementation of the project. euros.



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