SATEKLES BUSINESS CENTER 2
A prospective business quarter between Satekles, Dzirnavu and Ernesta Birznieka‑Upīša streets
- Type
- Multifunctional temporary use / Parking
- Adress
- Satekles iela 1E, Satekles iela 1k-1, Satekles iela 1k-3, Dzirnavu iela 121, Ernesta Birznieka-Upīša iela 8, Rīga
- Size
- 9849 m²
- Parking spaces
- 137
SATEKLES BUSINESS CENTRE 2 is envisioned as a natural continuation of the SATEKLES BUSINESS CENTRE project, which was completed in 2025. It will be located in Riga’s Central Business District, directly across Dzirnavu Street, which separates it from the existing SATEKLES BUSINESS CENTRE.
The plan is to develop the site as a multifunctional business quarter, primarily consisting of office space and complementary retail, while also not excluding the potential for hotel and residential functions. The development concept is planned to be prepared over the next two years. Subject to market demand, construction of Phase I could begin as early as 2028, with completion envisaged in 2030.
At present, most of the site is used as a high-quality landscaped outdoor parking facility (operator: SIA “Snabb”), with a total capacity of 137 parking spaces.
Diversified real estate developer and manager
Linstow Baltic has an active ownership role in several major development projects within many different property segments. Among these are offices, health properties, shopping centers, hotels, leisure and parking properties. In the Baltics, Linstow is a major player in the shopping centers, offices and hotel market.