Investment property, Blaumaņa street, Centrs / 2450000€

Property description

For sale land plot with for development of a residential district. A prestigious place in the very center of the city, in the middle of the so-called psychological square: surrounded by Čaka, Bruninieku, Valdemara and Old Riga streets. This is a place where everything is within walking distance, with nearby parks, restaurants, cultural and business centers.
There is a culturally and historically valuable two-storey (283 sq.m.) building on the plot opposite Blaumaņa Street. The building is generally in an unsatisfactory condition, according to the technical inspection report attached to the project. It is not currently operational. In order to maintain and operate the building, it is necessary to eliminate various technical shortcomings. The new building, together with the historic building on the plot, is organized in a single architectural ensemble, forming an interconnected, public, well-maintained group of outdoor spaces. Each outdoor space has its own identity and character, which will be enriched by the trees to be preserved on the plot, various landscaping elements and exquisite facade finishing materials. The aim of the project is to preserve the characteristic scale of the authentic building environment of the historic center, the scope of the new building and the principles of outdoor design, while creating a modern and high-quality urban environment. All main communications are available within the project.

Land plot currently - 3267 sqm.
GTA - 10136 sqm.
Maximum height - 7 floors above ground, 1 underground floor
Total underground area - 2002 sqm.
Building footprint and density - 1991 sqm./59.5%
Building intensity - 307%
Best usage - Commercial and apartments for sale ot rent
Communications - all communications within nearby area
Project status - minimum composition design is approved and building permission received.

Object on the map