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Exciting Developments at Arena Garden Towers in Riga

Exciting Developments at Arena Garden Towers in Riga

Introduction to the Arena Garden Towers Project

SIA Merko m?jas, a proud member of the AS Merko Ehitus group, has initiated the second phase of the remarkable Arena Garden Towers residential project in Riga’s Skanste district. This new development will feature a modern 13-storey building, housing 80 stylish apartments, with completion anticipated by early 2027.

Apartment Styles and Features

The new residential building boasts an impressive energy class A rating, emphasizing sustainability and efficiency. The apartments will range in size from 53 to 129 square meters, priced between 2,601 and 3,510 euros per square meter, making these homes accessible yet luxurious.

This phase marks the inaugural use of energy pile technology by Merko m?jas, a step towards integrating innovative heating and cooling solutions that are environmentally friendly. Future residents can look forward to a variety of living spaces, including unique two-storey penthouses featuring 6.3-meter ceilings and spacious private rooftop terraces that enhance the living experience.

Amenities at Arena Garden Towers

Residents of Arena Garden Towers will enjoy numerous modern amenities designed to improve quality of life. Each building will be equipped with two elevators per staircase, making access easy and convenient. An event space will be available for communal activities, along with accessible rooftop terraces where neighbors can mingle. Children's play areas, a pet washing station, and an area dedicated to bicycle maintenance will provide additional conveniences for residents.

Parking solutions have also been prioritized, with spaces available both in a secure ground-level garage and an outdoor designated area, ensuring residents always have access to their vehicles without hassle.

Overview of the Entire Arena Garden Towers Project

The Arena Garden Towers project includes a total of four residential buildings, with around 400 apartments expected upon completion. The initial phase of the project comprises another 13-storey building with 84 apartments at Ar?na St. 1, set to wrap up in the summer of 2026. An impressive 80% of the apartments in this first phase have already found eager buyers, highlighting the demand for high-quality living in this booming area.

Company Background and Project Management

SIA Merko m?jas is renowned as a trusted residential developer in Latvia. Focusing on maintaining superior quality throughout all stages of development, the company oversees planning, design, construction, sales, and warranty services. Their dedication to excellence aims to ensure complete satisfaction for home buyers.

Contact Information

For more details about the Arena Garden Towers project, you can reach out to Mr. Roberts R?boks, a board member of SIA Merko m?jas, via email. Additionally, Urmas Somelar, the Head of Finance at AS Merko Ehitus, is available for inquiries, reachable at the listed email address.

Frequently Asked Questions

1. What is the completion date for Arena Garden Towers?

The second stage of Arena Garden Towers is expected to be completed by early 2027.

2. How many apartments will be featured in Arena Garden Towers?

The entire project will include approximately 400 apartments across four residential buildings.

3. What amenities can residents expect?

Residents will enjoy a variety of amenities, including event spaces, rooftop terraces, and dedicated areas for bicycles and pets.

4. What is the price range for the apartments?

The price per square meter of the apartments ranges from 2,601 euros to 3,510 euros.

5. Who can I contact for more information?

For further information, you can contact Mr. Roberts R?boks at SIA Merko m?jas or Urmas Somelar at AS Merko Ehitus.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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