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Edvinas Malevskis, Head of Rewo. Company photo
Real estate development company Rewo announces a quarter of 370 apartments in the Justiniki district of the capital.
The first phase of development, which is scheduled to begin at the end of the year, the company intends to invest 10 million. EUR.
The capital city municipality also announced the presentation of the project. According to Mindaugas Pakalnis, the city’s chief architect, the neighborhood developer will have to solve the problems of infrastructure development.
It is planned to take care of a very large area, whose life should not get worse, but better for our neighbors. This needs to be addressed through transportation infrastructure issues, an additional recreational infrastructure has been opted for. As we evaluate these aspects, we will also listen to the comments made by the local community during the presentation, he said in the report.
A single presentation of the project is scheduled for mid-March.
Build in three stages
In the first stage, it is planned to build 4 apartment buildings on Tallinn Street in more than a year and bring 168 apartments to the market.
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The biggest advantage of Justiniki, as well as other similar districts, is the adjacent natural nature with mature water bodies and valleys, old parks, developed transport infrastructure. For two essential approaches, Justinikes invoked a new angle. We will create purchased homes for families with children and youth, says Edvinas Malevskis, manager of Rewo.
The 56-story apartment building was designed by Office of Cloud Architects. The house has 14 rooms, 2580 m2 M. m apartment area.
On the east side, towards Justiniki, there are planned rest areas, playgrounds. In the western parking lots, street. A new section of Tallinn Street with bicycles and walking paths will be prepared, and an alligator section will be built.
There will be around 170 parking spaces under the house.
In addition to the Peace Progymnasium, a total of 7 A ++ energy classes are planned on the 2.84 ha plot. The size of the investment in the three-stage development project has yet to be announced.
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