Location
The 7000 m2 corner property lies on Laisves Avenue, the main pedestrian High
Street in Kaunas, Lithuania’s second largest city with 360,000 inhabitants. The
project is the redevelopment of a Soviet-area shopping center into a modern
seven-storey mixed-use development in the heart of the city.
Redevelopment Project
The redevelopment project is currently underway with the demolishing of the
existing structure. We have a construction permit for a mixed-use building with
two towers of approximately 22,000 m2 of above ground buildable area plus
underground parking. The project will have a high street retail center at its
core with prestigious offices on the second and third floors and exclusive
apartments above. We plan for over 250 above ground and underground parking
places.
Surroundings
Situated at the heart of Laisves Avenue, Merkurijus is surrounded by shops
and restaurants. This pedestrian avenue is over 1 km long and links the historic
Old Town with newer areas.
Vilnius is the capital of Lithuania. The city is located in the southeast of
the Baltic country at the confluence of the Neris and Vilnelė rivers. In 2007,
Vilnius had 542,785 inhabitants. The capital has an historic Old Town which is a
UNESCO World Heritage Site and which houses Vilnius University, one of the
oldest universities in Europe.
Read more about this area
Related developments in this area
Properties
Homburg has several commercial and residential properties for rent.
Real estate development
UAB “Homburg valda” is acting as property development company in the Baltic
States.
Charity
De Homburg Charity Foundation provides financial support for initiatives
promoting education, health, and sports.
News&Info
News, press releases and calendar items.
Contact
About Homburg, PR- and mediarelations, press releases, advertising and
marketingactivities.
