Launch of the third stage of Mežpilsēta residential project (Riga, Latvia)

Core Insights - SIA Merko mājas has launched the third stage of the Mežpilsēta residential project in Riga, featuring a six-storey building with 53 apartments set for completion by the end of 2026 [1][4] - The residential building will have an energy class A rating, with apartment sizes ranging from 44 to 87 square meters and prices per square meter between 2,567 and 2,975 euros [1][2] Project Details - The Mežpilsēta development is located in a green area next to a forest, providing a bright and comfortable living environment with features such as balconies, floor-to-ceiling windows, and heated floors [2][3] - The project will include 44 outdoor parking spaces, with 13 covered spaces and four equipped with electric charging options, along with shared amenities like a community lounge and children's playground [3][4] Development Overview - Hipokrāta St. 16 will be the fifth building in the Mežpilsēta project, which plans a total of 11 buildings and 535 apartments, with four buildings already completed [4] - SIA Merko mājas manages all phases of development, ensuring quality and convenience for home buyers [4]