Magdelēnas kvartāls’ first phase wins a prestigious award

2019 / 03 / 14

The residential buildings of the Magdelēnas kvartāls first phase have won the first place in the “New Residential Building” category in "Latvijas Būvniecība" magazine’s 2018 annual awards.

We are honoured by this high acclaim from industry professionals, who showed their appreciation of the excellent quality, innovative solutions and immaculate finishing that characterise the first buildings at Magdelēnas kvartāls. As this was an achievement of the whole team, we want to thank everyone who was involved in the building process — your dedication, thoroughness and attention to detail helped to ensure the first residential buildings of Magdelēnas kvartāls were completed to such a high level.

During the first phase, two residential buildings were constructed, hosting a total of 116 apartments — including seven Live-Work apartments, in which a living space on the first floor is connected to a working space on the ground floor by a staircase. This concept is unique on the Latvian real estate market. The two completed buildings also have three commercial spaces of different sizes, a car park for 73 cars, six garages, and additional storage spaces for residents. For more comfortable living, a spacious, green, car-free courtyard of 2,000 m2 has been laid out between the buildings.

The project was developed by Didrihsons arhitekti SIA architectural firm. Merks SIA acted as the general contractor, and Alps SIA did the landscaping.

When completed, the quarter will boast 300 apartments, 16,500 m2 of office space and 4,500 m2 of commercial space.

We will be more than happy to tell you more about the apartments and Magdelēnas kvartāls!

Svetlana Lehnovica Sales Manager Zaļā Street 1, Rīga, LV-1010 +371 2000 5959 svetlana.lehnovica@colliers.com More about the purchase

EXPERIENCED AND RELIABLE DEVELOPER

Vastint Latvia is a part of Vastint Group – an international real estate organisation with over 25 years of experience. We have been active in the Latvian real estate market since 2003. The cornerstones of our operations include management of portfolio properties and the development of commercial real estate, including residential development and sales.


Vastint Latvia SIA

Zaļā Street 1, Riga, LV-1010
+371 6735 0055, info.latvia@vastint.eu
www.vastint.eu