We are now developing one of the largest real estate projects in Latvia – New Hanza. The new business and leisure center is being developed next to the former cargo railway station and covers almost 25 ha of land between Hanzas, Pulkveža Brieža, Skanstes and Sporta Streets.
The new urban territory is designed as a space open for ideas, welcoming everyone’s involvement, since next to A-class offices New Hanza will be hosting also Latvian Museum of Contemporary Art, multifunctional exhibition hall, public city park, educational facilities and a shopping mall. The first of the planned real estate development projects at New Hanza territory is Hanzas Perons, a culture venue that opened its doors in 2019 to host concerts, exhibitions, conferences and other events.
We see New Hanza project as a starting point on the way to restoring Riga’s great position on the international arena that it had centuries ago, making this city a regional financial center offering quality environment for life and work for thousands of people, and helping it become a platform for European scale business and culture events. Things and details matter, just as a place where we work, live or relax. Therefore we are building New Hanza with the thought of every single detail, because it is where the inspiration comes from and where the dreams come true.
The first construction works at New Hanza territory were started in 2016, when in the course of development of the infrastructure, there was network of streets build with utility lines like water, heat, power supply and canalisation, as well as a unique massive rainwater gathering and accumulation system.
Streets of New Hanza district carry the names of famous Rigans, who are monumentalized for their contribution in various fields and their representation of Latvia around the world. The main street in this new neighbourhood is named after chess Grandmaster and world champion Mikhail Tal, while other streets celebrate the names of Oscar Strock, Aleksandrs Laime, Gustav Klutsis, Wilhelm Ostwald and Robert Hirsch.