CAPITALICA PLANS €300M MIXED-USE QUARTER ON LIELIRBES IELA
Capitalica Residential acquires a 7.2h site in Pārdaugava to develop a quarter exceeding 100,000 m². Designed by Gensler and Vilnis Mičulis Architects, it will include residential buildings, commercial space, a kindergarten, and a health centre. Construction starts in Q2 2027.
PROJECT
RĪGA LAUNCHES SEVEN NEW NIGHT BUS ROUTES THIS WEEKEND
Starting 9 May, seven night bus routes operate in Rīga on Friday-to-Saturday and Saturday-to-Sunday nights until 27 September. Routes connect the centre with Teika, Jugla, Sarkandaugava, Daugavgrīva, Imanta, Zolitūde, Purvciems, Pļavnieki, Ķengarags, and Ziepniekkalns. Buses stop on request only.
TRANSPORT & INFRASTRUCTURE
RAIL BALTICA CLEARS 6.9 H NEAR RĪGA AIRPORT
Land clearing is complete in Mūkupurvs near Rīga Airport, preparing the site for a railway embankment and overpass over K. Ulmaņa gatve. The work is part of the Rail Baltica station project and will enable a future rail link between Rīga Airport and Rīgas Centrālā stacija. Earthworks begin shortly.
NEWS
NEW PLAYGROUND OPENS IN MĀRUPĪTES MEŽAPARKS IN BIERIŅI
The first three phases of a €1.1 million improvement project at Mārupītes mežaparks are completed. The 15.5h park now features a children’s playground, restored culverts. Three further phases will add bridges, a skate zone, a dog training area, and viewing platforms.
TRANSPORT & INFRASTRUCTURE
RĪGA RECORDS HIGHEST CONSTRUCTION ACTIVITY IN RECENT YEARS
Rīga commissioned 813 buildings in 2025 — up from 468 in 2022 — with total construction costs of €441.6 million, according to the Construction Information System. New builds dominated, accounting for 51.4% of investment; 89 buildings were also demolished.
DATA
RĪGA PORT SETS COURSE FOR RECORD CRUISE SEASON
The 2026 cruise season is already under way—103 scheduled ship calls — 21% more than in 2025 — and an expected 135,000 passengers, a new all-time record. To support growth, the port plans to complete akvatorija expansion works by 2027.
NEWS
SĄVARŽĖLĖ BUSINESS CENTRE OPENS ON KONSTITUCIJOS PR. IN VILNIUS
Lords LB Asset Management completes Sąvaržėlė, a 21,000 m² office building in Vilnius—the first Baltic project by British architecture studio RSHP. The building features a double facade, 346 underground parking spaces, and green areas.
PROJECT
