Groundbreaking for Arena Garden Towers Project Begins
SIA Merks M?jas, a prominent member of the AS Merko Ehitus group, is making strides with the start of the Arena Garden Towers residential project. This ambitious venture is located in the Skanste district of Riga, and consists of a modern 13-storey building. The structure will feature a total of 84 apartments, set to be ready by the summer of 2026.
Project Features and Sustainability Initiatives
The Arena Garden Towers residential building is designed with sustainability in mind, boasting an energy class A rating. Each apartment ranges from 53 to 105 square meters, priced between 2,659 and 3,250 euros per square meter. This project will total four residential buildings, providing approximately 400 apartments and two commercial units, making it a significant addition to the area.
Innovative Design and Amenities
This development stands out for its modern approach and unique architectural features. The residential complex will incorporate energy pile technology, enabling efficient heating and cooling, a first for Merks M?jas. Residents can look forward to a variety of apartment layouts, including stunning two-story penthouses complete with expansive ceilings of 6.30 meters and private rooftop terraces. Other amenities include two elevators per staircase, a community room for special events, rooftop terraces, and a secure courtyard for recreation.
Merks M?jas: A Trusted Developer
SIA Merks M?jas is esteemed in the Latvian real estate market, known for its commitment to quality and customer satisfaction. The company oversees all stages of the development process—from planning and design to construction and warranty services. Their focus on delivering high-quality residences makes them a respected player in the field.
Contact Information
For inquiries regarding the Arena Garden Towers project, Mr. Roberts R?boks, Board member of SIA Merks M?jas, is available for contact at +371 6737 3380. Potential buyers and interested parties can also reach out to Urmas Somelar, Head of Finance at AS Merko Ehitus, at +372 650 1250 for more detailed information about current and future projects.
About AS Merko Ehitus Group
The AS Merko Ehitus group operates extensively in the construction and real estate sectors, providing a wide range of services across Estonia, Latvia, and Lithuania. Following a robust year, the group employed around 635 individuals and achieved a revenue of EUR 466 million in the recent financial cycle. Their mission is centered around enhancing living environments and constructing a sustainable future.
Frequently Asked Questions
What is the Arena Garden Towers project?
The Arena Garden Towers project is a residential complex being developed in Riga, featuring a 13-storey building with 84 apartments designed for modern living.
How many apartments will be available in the Arena Garden Towers?
The project will consist of approximately 400 apartments across four residential buildings, providing a variety of living options.
What sustainability features does Arena Garden Towers offer?
The development incorporates energy pile technology for effective heating and cooling, alongside achieving an energy class A rating.
Who can I contact for more information?
Mr. Roberts R?boks, Board member of SIA Merks M?jas, and Urmas Somelar, Head of Finance at AS Merko Ehitus, are available for inquiries regarding the project.
What is the expected completion date of the project?
The first phase of construction for Arena Garden Towers is expected to be completed by the summer of 2026.
