Merko’s capital in Markui has started construction of a new quarter



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Aware: 2020-10-28 14:14

Vilnels square neighborhood. Visualization of companies.



Business beginnings

The Estonian capital real estate development company Merko bstas in the capital Markus district has started to develop the squares of the Vilnels neighborhood.

The successful sales of the Vilnius Valley built in the neighborhood led to another project. Instead of the old factory, new houses are being built and the under-construction boulevard with bicycles and pedestrian paths will lead directly to Vilnius Old Town, says Saulius Putrimas, General Manager of Mons.

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Manufaktr g. 7 Construction of the house has already started. 250 apartments from 33 to 115 m2. m area The cost of a square meter in the project starts at 1900 Eur.

After 5-6 years, a poetry parking lot is planned.

The company began construction in October and plans to complete it in the first half of 2022. Merko bstas does not disclose how much the project will invest.

Around 4.7 ha of surface and 13 million. In 2019, Eurons acquired the Vilnius Echoes company. It was announced that a total of 1,106 apartments were planned on Manufaktr street, and the neighborhood would be developed in 4 stages.

On the adjacent plot, the company is developing a project to build a multi-apartment building in the Vilnius Valley.

The Lithuanian Mons Merko bstas and Merko Construction belong to the Estonian construction and property development company Merko Ehitus.

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