New apartment complex "Sanguška parkas" in Vilnius in the old town developer RELEVEN signed a general contract for this object with construction company "Naresta". Immediately after signing the contract, more than 12 thousand construction works of "Sanguški park" with an area of square meters, which is intended to be completed in the first half of 2026. half a year
"This area with a rich history, which once belonged to the nobles of the LDK, in the neighborhood of the monasteries, was disfigured by the garages and warehouses built during the Soviet occupation. By reviving this place together with Naresta, we will compensate for the damage done to the old town over the decades. We will create a green, comfortable space that matches the colors and architecture of the environment for the various needs of the residents. "Naresta" is our reliable partner, with whom we have already worked on more than one project, so we expect quality and reliability together with buyers and investors," said Viktoras Zubrecov, deputy director of RELEVEN.
"Sanguška Park" is being built on Žiupronių Street, near the Missionary Church and the intersection of Subačius and Daukša Streets. There will be 55 apartments, 11 recreational and 13 commercial and administrative premises. "Sanguška parkas" will offer sustainable A++ class apartments with an area of 30 to 224 square meters.
RELEVEN has already signed pre-sale agreements with 17 percent. buyers who have reserved building space.
Tadas Grincevičius, CEO of Naresta, one of the largest construction companies in Lithuania, emphasizes that the new project will return the space to its historical significance.
"Construction in the old town requires specific knowledge, respect for history and knowledge of it. Over the course of 30 years, our team has become reliable experts in the preservation of the old town and its integrity. I am glad that our and RELEVEN's approach completely coincides", notes T. Grincevičius.
