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Exciting Milestones in Blue Marine Development and Subsidiaries

Exciting Milestones in Blue Marine Development and Subsidiaries

Construction of Blue Marine Residential Building Underway

AS Pro Kapital Grupp is thrilled to announce the launch of construction works for the Blue Marine residential building. This marks a significant advancement in the development of the prestigious Kl?versala Quarter in Riga.

Prime Location and Unique Features

The Kl?versala Quarter is an exceptional area that spans nearly five hectares, nestled within a UNESCO heritage protection zone. Its unique location by the Daugava River and near ?genskalns Bay ensures that Blue Marine benefits from breathtaking views and a serene atmosphere. The project, aptly named Blue Marine, embodies a luxurious living experience close to the river and a nearby yacht port. This seven-story building will house 96 carefully designed apartments, offering a range of layouts from cozy one-bedroom units to spacious five-room residences.

Sustainable and Stylish Living Spaces

This new phase of the Kl?versala Quarter development aims to integrate state-of-the-art architecture with sustainability. The design encompasses high-quality materials and modern aesthetics, providing residents with a harmonious, green living environment. Energy-efficient solutions are at the forefront of Blue Marine's development, ensuring a sustainable lifestyle reinforced by timeless design principles. An underground parking facility and a beautifully landscaped courtyard will enhance the living experience for residents.

Expert Architectural and Interior Designs

AS Pro Kapital Grupp has enlisted the expertise of Aivars Kagainis, the lead architect from Project Office Griet?ns and Kagainis, renowned for its detailed and functional modern architecture. Coupled with thoughtful interior design by Jana Korolova and Andrey Korolyov, Blue Marine promises to deliver a luxurious yet comfortable living environment that meets the desires of contemporary residents.

New Subsidiaries for Project Management

To facilitate the successful execution of this ambitious project, AS Pro Kapital Grupp established two subsidiaries:

SIA Pro Kapital Latvia Engineering: This entity is tasked with managing construction projects within Latvia, boasting a share capital of EUR 5,000. It is wholly owned by SIA Pro Kapital Latvia. Edoardo Axel Preatoni, the CEO of AS Pro Kapital Grupp, along with Martins Kusins, a board member of AS Pro Kapital Latvia, will lead the management board.

SIA BM Kl?versala: This subsidiary has been specifically formed to oversee the development of the Blue Marine project, with an impressive share capital of EUR 2,600,000, owned entirely by SIA Kliversala. The management board is also led by Preatoni and Kusins.

Updates and Future Steps

The creation of these subsidiaries is not expected to materially affect the economic activities of AS Pro Kapital Grupp. The group is committed to keeping investors informed via the Stock Exchange system as more significant developments regarding the Blue Marine project unveil.

Contact Information

For further inquiries, please reach out to:

Edoardo Axel Preatoni
Member of the Management Board
Phone: +372 614 4920
Email: prokapital@prokapital.ee

Frequently Asked Questions

What is the Blue Marine project?

The Blue Marine project is a residential development in the Kl?versala Quarter in Riga, featuring 96 apartments.

Who is responsible for the architectural design?

The architectural design is by Aivars Kagainis from Project Office Griet?ns and Kagainis.

What are the special features of Blue Marine?

Blue Marine offers modern architecture, energy-efficient solutions, and a beautifully landscaped courtyard.

What is the purpose of the new subsidiaries?

The subsidiaries are established to manage construction projects and oversee the development of the Blue Marine building.

How can I contact AS Pro Kapital Grupp?

You can contact Edoardo Axel Preatoni via phone at +372 614 4920 or through email at prokapital@prokapital.ee.

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