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Before the Opening Ribbon Cutting: What Else Does Lords LB Plan for the 100 Million-Euro Block in Riga?

Summary by vz.lt
The first phase of the hundred-million-euro Preses Nams project in Riga, which has been stalled several times but has survived the turbulence in the construction sector, is nearing completion. The first tenants are expected to move into the business center by the end of the year. However, it remains unclear when the territory acquired almost a decade ago will become a residential area.
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The first phase of the hundred-million-euro Preses Nams project in Riga, which has been stalled several times but has survived the turbulence in the construction sector, is nearing completion. The first tenants are expected to move into the business center by the end of the year. However, it remains unclear when the territory acquired almost a decade ago will become a residential area.

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vz.lt broke the news on Thursday, August 13, 2026.
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