page_title: Skanste
section_title: Residential building projects
hierarchical_section_title: Skanste / Skanste in the future / Residential building projects
caption_attribution_description: Latviešu: KBO Lapeņu iela 4
context_page_description: Skanste is a neighbourhood located in the center of Riga, the capital of Latvia, and is currently becoming its most modern part. Geographically, the neighborhood is situated in the northern part of the railway ring on the right bank of the Daugava, bordering with the Sarkandaugava, Brasa, Centrs, and Pētersala-Andrejsala neighborhoods.
  Skanste is considered part of the compact center of Riga. The neighborhood's central traffic artery is Skanstes Street, but the area is delineated by Pulkveža Brieža, Hanzas, Vesetas and Duntes streets, as well as Ganību dambis, and the railroad.
  The area that for decades was allotted for kitchen garden plots, has now been developed to include office towers, sports infrastructure complexes and residential buildings. Next to the historical heart of Riga and its so-called "quiet center", Skanste is developing as a contemporary neighborhood, attractive both to city residents and entrepreneurs and fosters Riga's competitiveness regionally and in the European context. Skanste continues to grow and there are several plans that will be implemented in the coming years.
context_section_description: By now, three residential complexes have been completed: Skanstes virsotnes, Skanstes mājas, and Skanstes Parks. With the area developing, a number of quality apartments will be built in Skanste, ensuring a good living environment for thousands of Rigans.
  KBO residential complex
  
  The real estate developer KBO began activities in Latvia in 2014, representing the real estate projects of the Finnish corporation Insinōōritoimisto Bertel Ekengren Oy. In 2019, it is planned to begin construction of a residential quarter in Skanste.
  In the first stage, three nine-storey residential buildings will be constructed, with a total of 306 apartments. The total floor area of the buildings will be 25,893 m² (278,710 sq ft). The outside territory of the buildings will include playgrounds, parking and bicycle stands.
  The complete project will include 15 residential buildings with 1200 apartments for 4000 residents.
caption: KBO residential complex
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