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Start of construction of the first homes in phase II of the Luuslangi project
Globenewswire· 2025-07-18 07:56
Core Insights - Liven Kodu 12 OÜ, a subsidiary of Liven AS, has signed a general contractor agreement with Mitt & Perlebach OÜ for the construction of residential buildings in phase II of the Luuslang project, with construction set to begin on August 1, 2025 [1][2] Group 1 - The construction will include four-storey residential buildings located at Jalami 6/1 and Jalami 6/2 in the Astangu neighbourhood of Haabersti [1] - A total of 39 new homes are expected to be completed by autumn 2026, alongside the reconstruction of the street and sewerage system on Astangu Street [2] - The total basic amount for the construction works is EUR 5.0 million plus VAT, with 15 out of the 39 homes, or 38%, already sold [2] Group 2 - By the end of 2023, 80 homes from phase I of the Luuslang project were completed, and future phases will include the construction of an additional 105 homes and a single-storey commercial building for catering use [3] - Kadarik Tüür Arhitektid OÜ is the architect responsible for the design of the residential buildings [3]