Homburg Tuskulenai

The 1.35 ha site is currently an investment property with an operating bakery located in the central part of Vilnius close to the business and commercial center with but considerable future development potential.

 Redevelopment Project

The current triple-A tenant has up to 3 years remaining on its lease with a possibility to prolong for additional term. In the meantime, a Detail Plan is being prepared to allow for the future development of a high-density mixed-use (office-residential) project when the lease expires.

We are planning then for the construction of a modern five and nine storey buildings for office and residential use, respectively. The concept envisages green courtyards with all amenities for both office workers and residential inhabitants with all parking underground.

The project would be up to 29.000 square metres of on ground buildable space plus underground parking.

 Surroundings

The property is situated near the junction of two major streets and is easily accessed by a well-developed transportation system. All the city districts can be easily reached from the property.

The site is surrounded by residential buildings with the necessary amenities – shopping malls, banks, gas stations, schools, kindergardens, healthcare centres, and entertainment venues – all within easy reach.

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.

Related developments in this area

• Homburg Malonioji
• Homburg Riese, Vilnius
• Homburg Merkurijus, Vilnius
• Homburg Lentvaris, Vilnius
• Homburg Gulbinai, Vilnius
• Homburg Kreivasis, Vilnius