A unique project is being developed in Riga – Aura kvartāls, which will be the largest interior, design and home furnishing retail quarter in the Baltics. It will bring together more than 60 different brands and service providers, with the total building area in the first two stages of the quarter reaching 15,600 m², and the third stage adding approximately another 7,000 m². The total project investment amounts to 25 million euros, with financing provided by Bigbank.
Aura kvartāls is designed as an “open-air” type centre – similar to those popular in the USA and Australia. Instead of visitors walking through large indoor shopping areas, the quarter will consist of separately accessible stores with convenient parking by each entrance.
The developer of Aura kvartāls, Estonian entrepreneur Jevgenijs Podjatševs, describes the idea as follows: “I chose Latvia because I live and work here and feel at home. I see Latvia as the next stage of development in the Baltics: the country is ready for growth, and the interior design industry here has huge potential. I believe that the Latvian interior and furniture market will experience significant growth over the next 3–5 years. I started my activities in Latvia in 2008 with the company Gaismas Maģija, developing it into one of the most important lighting retail chains in the Baltics. We live in a time when the world is changing rapidly, yet the values that define a pleasant environment remain unchanged: safety, quality, aesthetics and sustainability.”
“I am pleased that we have been entrusted with constructing this project. Our team has proven that with knowledge, experience and discipline, it is possible to achieve consistent results, regardless of how great the time, technical or other challenges in the project may be. Thank you to all the engineers, specialists and builders, to colleagues who do their work honestly and professionally every day. We will continue to work with the same energy as before to deliver a site that both we and future generations can be proud of. May this quarter become a place where people feel good — both those who will be tenants here, those who will work here, and the customers who will come to buy something for themselves,” says Artūrs Sausiņš, Management Board Member of Mapri būve, the company carrying out the quarter’s construction.
The project is being implemented in several stages. The first stage will open in March–April 2026, while the second stage will follow a few months later. The grand opening is planned once both stages are completed, in order to create a full experience for visitors. At present, the first stage is already almost fully leased, which indicates strong interest from companies in the interior and housing industries.
Aura kvartāls is a sustainable project with high standards. Its development follows BREEAM sustainability criteria, and the quarter will feature solar panels, electric vehicle charging stations, segregated waste areas, and environmentally friendly materials and solutions.
Originally published at https://inc-baltics.com/top-25-miljonus-eiro-verts-majoklu-dizaina-centrs/
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