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The company announced that together with the real estate developer Galio Group, it has signed more than 16 million. Contract in EUR (with VAT) for construction Geležinio Vilko str. two.
Construction works for the quarter are scheduled to begin after receiving the building permit, which is scheduled to be completed by the end of this year, and to be completed in the second half of 2023.
The total area of the object will reach 15 thousand. kv. meters.
In the River Space neighborhood, designed by Aketuri architektai and Viltekta, 4 houses with 146 apartments and 7 more premises will be built on the ground floors.
After the quarter, it is planned to install an underground plant with parking spaces, electric car charging, bicycle storage and technical room.
“ReVingis” is being developed on the slope of the Neris, next to the Vingis park; The entire project will consist of four apartment blocks with 14 residential houses and around 650 apartments.
Instead of the old industrial zone, a modern living space with its own infrastructure for convenient movement and quality leisure will be created here. In the western part of the plot, where a group of multi-family housing buildings and administrative buildings will be erected, a public recreational space is being planned parallel to the Neris slope, and pedestrian and bicycle paths are being planned.
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