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Development of a new estate ‘Ąžuolų terasos’ commenced in Antakalnis District, Vilnius

By the beginning of 2018, a new estate ‘Ąžuolų terasos’ will be built in Antakalnis District, Vilnius. It is the fourth and last stage of the ‘Antakalnio terasos’ estates. Project development MG Valda is making investments of EUR 14 million into the development of the ‘Ąžuolų terasos’.

The construction of the ‘Ąžuolų terasos’ will complete one of the largest conversion projects in Vilnius, during which the neglected territory of the Lithuanian Film Studio next to Antakalnis transport ring was converted into a unique estate for a modern individual. For urbanistic solutions and harmonious integration into nature, this project received awards in Lithuania and is referred to as a model project by European RE experts. The ‘Ąžuolų terasos’ will continue writing this history of sustainability and will offer features that modern city residents are looking for, i.e. unique environment guaranteeing quality of life and splendidly developed infrastructure’, said Head of MG Valda Sales Division Mantas Umbrasas.

According to project architect Algirdas Kaušpėdas, the ‘Antakalnio terasos’ estate is one of scarce examples of successful RE development in the capital city. ‘Not much creative and professional skills are needed to design a traditional block of flats, but developing a project which would not only contribute to harmonious Vilnius development but would also integrate into the environment to the maximum extent preserving natural features, i.e. long-lived trees and natural hills requires immense efforts. The team of architects working on this project was joined also by landscaping specialists. The outcome of all those efforts is an exceptional project combining in itself modernity, technical progress and naturalness. I always take foreign architects visiting Lithuania for a short excursion to the ‘Antakalnio terasos’ residential estate, so that they could spread the news that we also have examples of harmonious projects’, said chief architect of the project A. Kaušpėdas.

At the new ‘Ąžuolų terasos’ estate, residents will be offered to choose from 151 newly-built 2–5 room apartment of the area ranging from 44 to 142 sq.m., with partial or full finish. All apartments will have terraces with larch decking. Solar impact control system mounted in the southern part of the estate will protect against hot sunshine. Same as in other projects of the ‘Antakalnio terasos’, the ‘Ąžuolų terasos’ estate will have underground parking, so that the whole outdoor space would be safer and intended for residents only: a playground, green zones for recreation, community square for meetings with neighbours will be developed. Closed courtyard will have locks and will be under IP camera surveillance. During the construction, the long-lived trees growing in the territory will be preserved, and an alley of oak trees will be planted.

The Head of MG Valda Sales Division notes that despite the ‘Antakalnio terasos’ complex being developed for six years by now, but the buyer’s portrait has hardly changed. ‘Exceptional location – Antakalnis pine woods nearby – determined the residents’ choice when looking for modern and quality lodging in the city, with well-developed infrastructure around, but without losing benefits offered by nature. Besides, the ground floor of the ‘Ąžuolų terasos’, the last stage of the ‘Antakalnio terasos’ estate, will be used for commercial purposes. The range of services will be selected considering the nearby residents and their needs. Thus, the surrounding infrastructure will be oriented to new residents to the maximum extent. In order to protect residents’ privacy, closed courtyards will be formed, which will be separated from commercial premises’, said Mr. Umbrasas.

The total investment made by MG Valda into the ‘Antakalnio terasos’ project is EUR 70 million. About 850 families will live in the new blocks of flats, including future ‘Ąžuolų terasos’ apartments. When converting the neglected territory of 5 ha into a modern estate, special attention was focused on environmental friendliness and naturalness. Once the development started, the ruins of the old buildings were used in the construction of the underground parking lot and roads. Environmentally-friendly and natural materials are used in residential development – natural larch decking in terraces and natural burnt clay bricks in facades. To ensure efficient use of resources, lighting in the internal courtyards is regulated according to the season of the year and time of the day, besides rainwater is collected in special tanks, which is later used in maintenance of the surroundings.

The project is distinctive also for the investments made into the environment, which amount to nearly EUR 4 million. In addition to the fountains and playgrounds, 45 meter long artificial stream and community squares were developed in the courtyards, a park of sculptures–benches was opened in the adjacent pine woods, where works of famous Lithuanian sculptors were mounted. The landscaping team formed by project architect Algirdas Kaušpėdas planted over 130 different species of plants and tries in the residential estate.

Apart from the ‘Ąžuolų terasos’ properties, MG Valda, UAB is offering newly-built flats in the third stage of the ‘LightHouse’ estate and in the ‘Užupio krantinės’ residential project.

For further reading, visit: www.vz.lt

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