Tallinn, Estonia, 2015-11-12 15:49 CET (GLOBE NEWSWIRE) --
AS Merko Ehitus has launched the second phase of the Tartu mnt 52 development project in Tallinn city centre. The underground parking garage, connecting the whole development area and the first three buildings of the first phase are currently in active construction. The second phase includes two apartment buildings on the side of Lastekodu street and the complex will be completed as whole.
Within the first phase, three apartment buildings will be completed in the second half of 2016: an 8-storey building A along Tartu mnt, and a 13-storey building B and 5-storey building C along the internal street. Half of the hundred apartments are sold by today. Within the second phase of the residential quarter 80 apartments in 2 buildings: 5-storey building on Lastekodu Street and 7-storey building D along the internal street will be completed in the second half of 2017.
The Tartu mnt 52 development project (http://merko.ee/tartumnt52/) comprises of five apartment buildings at Tartu mnt 52 and Lastekodu 23, with business premises on the ground floor. The energy efficiency of the apartments is guaranteed by water underfloor heating and heat recovery ventilation; the balconies will be fully glassed. Due to the location in the city centre, special attention has been paid to the soundproofing of the buildings. There is a two-level safe and heated underground parking garage, through which the five apartment buildings are connected. The architect of the apartment buildings is Mr. Martin Aunin, the interior finishing solutions are created by interior architects Mr. Eerik Olle and Mr. Ahti Peetersoo. The price per square metre of the apartments in the development project ranges from 2,300–2,850 euros.
Merko has built and developed apartments for thousands of families. To ensure the best quality and convenience for homebuyers, we manage all phases of the development: planning, design, construction, sales and service during the warranty period.
Additional information: AS Merko Ehitus Eesti, Director of the Residential Construction Division, Mr. Tiit Kuusik, phone +372 680 5105.
Merit Kullasepp
Communication and Marketing Manager
AS Merko Ehitus
Phone: +372 650 1250
E-mail: merit.kullasepp@merko.ee
AS Merko Ehitus (group.merko.ee) comprises the leading Estonian construction company AS Merko Ehitus Eesti, the Latvian market based SIA Merks and the Lithuanian market based UAB Merko Statyba as well as the group’s real estate development business unit together with companies holding real estate properties. As at the end of 2014, the group employed 765 people and the 2014 revenue amounted to EUR 252.3 million.
