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Petersala visualisation 1<\/p>\n
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By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service<\/a> and Privacy Policy<\/a>.<\/p>\n Petersala visualisation 2<\/p>\n <\/p>\n <\/a><\/p>\n Petersala visualisation 2<\/p>\n SIA Merko M\u0101jas, part of the AS Merko Ehitus group, has launched the residential development project in Riga\u2019s prestigious and Quiet Centre at P\u0113tersalas street 3 and 5 in Riga. The architectural ensemble of four elegant buildings will comprise a total of 105 new homes and four commercial units, scheduled for completion in the summer of 2028.<\/p>\n Merko M\u0101jas will reconstruct two architecturally significant heritage buildings, named Valensis and Selonija, designed by renowned Latvian architect Konstant\u012bns P\u0113k\u0161\u0113ns, who authored more than 250 notable buildings in Riga at the turn of the 20th century. The two new buildings in the quarter will be named Fera and Amia.<\/p>\n The buildings of the P\u0113tersala project (petersala.merkomajas.lv<\/a>) meet A energy efficiency standards. All apartments will feature underfloor heating and a heat recovery ventilation system, while apartments on the upper floors will also be equipped with air conditioning. Parking spaces and private storage units are located in an underground garage beneath three of the buildings.<\/p>\n Apartment sizes range from 30 to 150 square metres, with prices per square metre ranging from 3,689 to 4,905 euros. The quarter offers 1- to 5-room apartments with a variety of layouts, featuring both balconies and private terraces overlooking the inner courtyard. The top floors of the two new buildings will include exclusive two-level lofts, while the upper floor of the historic Selonija building will feature mansard apartments with ceiling heights of up to 4.7 metres and roof windows in every room.<\/p>\n Merko will create a landscaped inner courtyard around the buildings, featuring green areas, children\u2019s playgrounds, and leisure spaces. The shared courtyard will connect the P\u0113tersala residential environment with Merko\u2019s earlier Viesturd\u0101rzs project, giving residents of the new quarter direct access to one of Riga\u2019s most beloved green spaces, Viesturd\u0101rzs Park.<\/p>\n SIA Merko M\u0101jas(merkomajas.lv)<\/a> is a recognised Latvian residential developer. To ensure the best quality, convenience and assurance for home buyers, Merko manages all phases of development: planning, design, construction, sales, and warranty service.<\/p>\n Additional information: Mr. Roberts R\u0113boks, Board member of SIA Merko M\u0101jas, phone: +371\u00a02806 1061.<\/p>\n Urmas Somelar<\/p>\n Head of Finance<\/p>\n AS Merko Ehitus<\/p>\n +372 650 1250<\/p>\n [email\u00a0protected]<\/a><\/p>\n AS Merko Ehitus (group.merko.ee<\/a>) group companies construct buildings and infrastructure and develop real estate. We create a better living environment and build the future. We operate in Estonia, Latvia and Lithuania. As at the end of 2025, the group employed 613 people, and the group\u2019s revenue for 2025 was EUR 311 million.<\/p>\n Attachments<\/p>\n<\/p>\n