Baltic International Bank invests €12 mil in Riga Old town renovation project

Baltic International Bank invests €12 mil in Riga Old town renovation project

Published at: 2018-09-20 10:50 | Autor: CIJ Baltics
The Baltic International Bank has invested €12m into the renovation of the Vecrīgas kvartal in Riga. The funds have made it possible to sign contracts with the Ivara Šļivkas birojs architectural studio and to assign the construction work to Ramej Construction, which has begun on the 5-storey building. The historic building is to be transformed and renovated into a multipurpose public and business center. The site is part of the Riga Historical Center UNESCO preservation zone, containing part of the old defensive walls of the city from the 13th century. These ruins will be preserved and made available to the public for viewing. When complete, the ground floor will contain the Museum of Money, two floors of galleries and office space. Baltic International Bank has reserved the top two floors of the building as its new headquarters. No date for completion has been given for the project.

Similar Stories:

Zwrot w kierunku mixed use oraz sektorów alternatywnych
W szybkim tempie rośnie zainteresowanie obiektami typu mixed use oraz alternatywnymi sekt  »
Praca wre na budowie ArtN
Pół roku mija od rozpoczęcia prac przy projekcie rewitalizacji dawnej fabryki Norblin,  »
Lithuania sees 56% increase in building permits issued
Statistics Lithuania reports that the number of building permits issued in Q1 was up 56 pe  »
Biurowce i osiedla – związek mile widziany przez wszystkich
Nowoczesne projekty biurowe powstają dzisiaj nierzadko w tych dzielnicach, w których je  »
Zapowiedź jest o tyle znacząca, że największy ubezpieczyciel w kraju stał za najwięk   »
According to a report issued on the first day of MIPIM 2016  »
Hilton London Metropole and Hilton Birmingham Metropole, two  »
Rents on the UK housing market increased on average by 3.8 p  »
Strawberry Star has launched a GBP 25m property fund to expl  »