A new quarter will be built in the capital: over 630 housing units will be built Business

The construction permit is expected to be received in the second quarter of 2025.

On the plot at Parodų st. 1 designed A++ energy efficiency complex will consist of 3 apartment buildings with underground parking for 493 cars. Preliminarily, the project includes 636 middle-class 1-4 room apartments, the area of ​​which will be from 30 to 90 square meters. It is also intended to equip 30 commercial premises.

Company photo/Parodų st. 1

“This is the first real estate project of our company in Lazdynai. It is distinguished by cozy courtyards, unique building facades and the arrangement of buildings that protects against external noise and wind. Looking more broadly, this place, in our opinion, is generally ideal for developing residential projects: it is close to the city center, but already surrounded by nature, very close to the Neris, has convenient connections with various city districts and developed infrastructure. What’s more, it is predicted that in the future this place will change significantly and acquire a completely different value: business centers, residential buildings, educational institutions and other infrastructure common to the city will be built here”, comments Julius Dovidonis, head of Realco.

Parodu str. Architectural solutions for project 1 were created by the winning team of Eventus Pro architects. The layout of the buildings is pulsating from 5 to 9 floors. The highest buildings open from Laisvės avenue and descend towards Neris. The ground floors along the streets will be dedicated to retail, service and food service providers.

Company photo/Parodų st. 1

Three apartment buildings are being designed, divided into smaller buildings of different heights. Each of them is distinguished by facade colors, materials, architectural elements or their details.

In the inner territory of the plot, three separate playgrounds are designed for children of different ages and 140 bicycle parking spaces. A variety of trees, perennials and shrubs will be planted in the entire territory, and the roofs of the buildings will be green.

A common public space with walking paths and sports infrastructure is also being created. The project is planned to be implemented in three construction stages.

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