In 2006, the booming real estate market in Eastern Europe, it was decided to buy an area near the park's lake a few kilometers from the center of Riga, the capital of Latvia, on the Baltic Sea.
An area of the prestigious location but triangular difficult to urbanize.
After three years of work the area was included in the City Master Plan and have been designed and approved by the Town Committee two skyscrapers of 200 apartments each, and one for offices with a total value of about € 180 Mln.
It has completed the whole building design, plant engineering, structural, mechanical detail, foundations and garages.
We got the full building permits increasing by 10 times the value of land.
We made the garage and the first foundations.
In 2010 the entire operation was acquired by a Banking Institution.
