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Estonian
On 3 August 2021, SIA Merks, part of AS Merko Ehitus group, has entered into a contract with SIA Gustava parks projekti, part of UAB GALIO Group, for the construction of GUSTAVS business center, located at Gustava Zemgala St. 73 in Riga. This is the first building of Gustavs Business Park development project, consisting of three buildings.
The works include construction of a six-storey office building, two-storey underground parking and infrastructure works.
The value of the contract is approximately EUR 22 million, plus value added tax. Construction works are scheduled to be completed in December 2022.
SIA Merks
On 25 May 2021, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and GRK Infra AS entered into a contract with Estonian Police and Border Guard Board.
On 25 May 2021, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and GRK Infra AS entered into a contract with Estonian Police and Border Guard Board.
Estonian
SIA Merks, part of AS Merko Ehitus group, has started construction of Merks Duntes Zīles residential project in Riga. The project includes a 4-storey building and a 5-storey building at Pededzes St. 3 with 84 apartments, which will be completed in the first half of 2022.
Merks Duntes Zīles (
merksduntesziles.lv) residential buildings will have energy class B rating. The size of the apartments ranges between 40–95 square metres and the price per square metre ranges from 1,740 to 2,049 euros.
The residential development will be located close to Skanste district, combining quiet and peaceful environment with nearness of vibrant Riga city centre. Both buildings will have an elevator, common and private storage rooms; one of the buildings will also have a lounge area. There will be underground and outdoor parking spaces. Fenced yard will provide privacy and additional security for two children’s playgrounds, dedicated picnic spot and bicycle storage.