Exciting Development in Riga: Blue Marine Project
AS Pro Kapital Grupp is thrilled to announce the initiation of construction works for the Blue Marine residential complex. This remarkable project represents a significant advancement in the development of the esteemed Kl?versala Quarter.
Overview of Kl?versala Quarter
Situated on a vast five-hectare land plot recognized by UNESCO, the Kl?versala Quarter is distinguished by its beautiful setting on the banks of the Daugava River and near ?genskalns Bay. The Blue Marine complex, aptly named for its proximity to the water and adjacent yacht port, embodies a sophisticated and serene lifestyle.
Residential Offerings
This seven-story residential building will host 96 carefully designed apartments, available in one to five-room configurations. The Blue Marine will contribute not only to the aesthetic of Kl?versala Quarter but also to its urban charm, presenting contemporary architecture complemented by high-quality materials and a well-thought-out green living ambiance. Sustainable living will be at the forefront, with energy-efficient design elements ensuring a luxurious yet responsible lifestyle.
Architectural Excellence
The architectural vision for Blue Marine has been crafted by Aivars Kagainis of the Project Office Griet?ns and Kagainis, noted for its modern yet functional design approach. To enhance the living experience, the interior design is helmed by experts Jana Korolova and Andrey Korolyov, combining timeless aesthetics with utmost comfort.
Establishment of Subsidiaries
In alignment with the project execution, AS Pro Kapital Grupp established two subsidiaries to facilitate its construction and management processes as of June 2025:
SIA Pro Kapital Latvia Engineering
Tasked with overseeing project management operations in Latvia, this subsidiary has a share capital of EUR 5,000, fully owned by SIA Pro Kapital Latvia. The management board consists of Edoardo Axel Preatoni, CEO of AS Pro Kapital Grupp, alongside Martins Kusins, a member of the management board of AS Pro Kapital Latvia.
SIA BM Kl?versala
This subsidiary is specifically created for advancing the Blue Marine project, boasting a share capital of EUR 2,600,000, entirely owned by SIA Kliversala. This board shares the same leadership from the other subsidiary, as Edoardo Axel Preatoni and Martins Kusins are also at the helm here.
Future Outlook
The formation of these subsidiaries is not expected to materially impact the economic activities of AS Pro Kapital Grupp. The company remains committed to keeping its investors informed through the Stock Exchange system regarding further developments on the Blue Marine project.
Edoardo Axel Preatoni
Member of the Management Board
Phone: +372 614 4920
e-mail: prokapital@prokapital.ee
Frequently Asked Questions
What is the Blue Marine project?
The Blue Marine is a residential complex being developed by AS Pro Kapital Grupp in the prestigious Kl?versala Quarter of Riga.
What types of apartments will be available?
The development will offer 96 apartments ranging from one to five rooms, catering to various living needs.
Who is responsible for the architecture of the Blue Marine?
Aivars Kagainis, a lead architect at Project Office Griet?ns and Kagainis, designed the architectural concept of the building.
What are the new subsidiaries established for?
SIA Pro Kapital Latvia Engineering focuses on construction project management, while SIA BM Kl?versala is dedicated to the development of the Blue Marine project.
How can I contact Pro Kapital Grupp?
You can reach them at +372 614 4920 or via email at prokapital@prokapital.ee for any inquiries.
