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09. October 2025

PHOTOS: The Cornerstone of the new 75 million euro residential quarter “Vītolu Parks” has been laid

On October 8, the Cornerstone laying ceremony for the new residential project “Vītolu Parks” took place in Sarkandaugava, marking the next stage in the development of the quarter. In total, the sustainable next-generation residential area will offer 363 apartments, and the first homes are scheduled for completion in 2026.

According to Kristjan-Thor Vähi, CEO of Invego, “Vītolu Parks” represents the next phase of a green and thoughtfully planned neighborhood, emerging between Mežaparks and Skanste.

“Vītolu Parks will harmoniously combine modern architecture, the latest sustainable solutions, and green, people-friendly surroundings — becoming a model for future-oriented urban living,” said Kristjan-Thor Vähi during the ceremony. “We’re proud to contribute to Riga’s growth with a project that reflects today’s values: sustainability, high quality, comfort, and a greener, more people-centered city.”

The event brought together representatives of Invego — the project’s developer — the authors of the architectural concept “RUUME arhitekti”, construction company “Pillar Contractor”, engineers, and project partners.

Adding to the vision of the district, architect Oskars Vāvere from “RUUME arhitekti” emphasized the importance of creating open, human-centered outdoor spaces.

“From the very beginning, we wanted “Vītolu Parks” to be a place designed for residents’ enjoyment, not cars. That’s why most of the parking is placed underground — to give more space back to greenery, children’s playgrounds, pedestrian and bicycle paths and shared areas where residents can meet and enjoy the environment,” said Oskars Vāvere.

Speaking about the project’s implementation, Jānis Lāčaunieks, Chairman of the Board at SIA “Pillar Contractor”, highlighted the company’s strong focus on responsibility and quality.

“Responsibility is a core value for us, and this project will be no exception. Our experience in constructing apartment buildings is continually growing, and this will be one of the most ambitious projects we have taken on in this area. We appreciate the trust placed in us and wish everyone involved great success. We look forward to providing quality housing for residents in the near future,” said Jānis Lāčaunieks.

The development will consist of eight seven-story buildings with 363 A-class energy-efficient apartments. Large floor-to-ceiling windows, private gardens, and thoughtfully designed shared green spaces will create a modern, comfortable living environment for residents.

More information:

Kristjan-Thor Vähi

Email:

www.invego.lv

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