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The real estate development company Bolds Property Partners starts 4300 m2. m construction of a new business park at the intersection of Ukmergės and Mykolo Lietuvio streets in the capital at the intersection with the western ring road – Vilnius City Municipality obtained a building permit for the project.
The first commercial building will open its doors at the end of this year, 6 million will be invested in this stage of the project. euros. Subsequently, an office building is planned in the territory of the business park of 1.4 hectares, which will be built in the second stage of the project.
“The main singularity of the business park under construction is the location. The intersection of Ukmergės Street and Western Bypass is a clearly and conveniently understood and accessible part of the city, both for those leaving the city and for those seeking to avoid the central part of the city. The project is based on the principle of the stock office, where commercial, office and storage premises can be installed in one place, but with a greater emphasis on commercial purpose, again evaluating the uniqueness of the place, ”he says. Paulius Lavrukaitis, Partner at Bolds Property Partners. .
The business park project was drawn up by a joint team of architects from 2L Architects and DO Architects. They had to combine the aesthetic and functional solutions of the building complex and adapt them to the complex engineering systems of the territory.
The project developers have already signed a contract with the construction company UAB Binkauskas ir Stašinskas, which will start work on the work in the near future.
“We have a particularly short construction timeframe, which is a challenge in this pandemic period, when supply chains are stagnant and some materials sometimes have to wait longer than planned.” However, we hope that there will be no big surprises, we will finish the works on time and it will be the first business park in this new commercial area, which will open its doors to visitors, ”says Liutauras Šiekštelė, Director of Binkauskas and Stašinskas.
The first lease was signed: 1,400 m2. The construction equipment rental company Ramirent will be located in the part of the business park, which will move its main Lithuanian division here.
“We were looking for places that were modern, spacious, easily accessible by various means of transport to avoid congestion in the city. The new shopping complex is ideal for us, ”says Eligijus Baikauskas, Leasing Manager at the Vilnius branch of Ramirent Baltic AS.
Bolds Property Partners is also in talks with other companies interested in locating in a new business park on the outskirts of the city, where a whole new business district is currently being designed. In the first place, commercial or service companies are invited to settle, looking for a larger area for their activities, which would occupy at least 450 m2. subway.
When constructing a complex of commercial and later administrative buildings, M. Lietuvio str. 6, the section of M. Lietuvio Street will also be fixed and the intersection of Ukmergės and M. Lietuvio streets will be rebuilt, and an additional traffic lane will be installed for safe and convenient access to the new business park.
Bolds Property Partners has already implemented a similar project on Kareivių Street in Vilnius, where a 2,000 square meter building was built and rented. m commercial building, also designed on the principle of a multifunctional building for securities offices.
