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  • “EIKA” launches the construction of new settlement in the place of the former bakery
    After the demolition of the former bread bakery at Tuskulėnai street in Vilnius, “EIKA” company launches the construction of the settlement with apartment blocks named “Namų pynės”. During the planned five years of development of the settlement project, apartments for more than 400 families will be built, while the investment in this project will total 24 million euro.
    The first occupiers will open the doors of “Namų pynės” in the summer of the next year. It has been planned, that seven cost-effective energy class A apartment blocks will rise in the plot by 2021.
    Development director of “EIKA”, Martynas Žibūda says that the main idea of this residential area is associated with the old bakery, which had been operating for 130 years in the place of the project. “Since ancient times, bread was bringing families to the table. Therefore, while planning the new project, we will include details related to bread, the growth and the comfort of the home”, states M. Žibūda. “We also chose facade colours to symbolise the cycle of bread – natural shades of bread and earth”, says M. Žibūda.
    According to the “EIKA” representative, some of the residents of the project will park their cars above ground. For their convenience, the remaining parking will be set up under the apartment blocks. In this way, the residents of “Namų pynės” project will enjoy the green inner courtyard without cars and breathe cleaner air, moreover, children will play there safely.
    The area of the former factory (1.3 hectares) will open up for the city and become an integral part of Žirmūnai district. The project will be implemented in 4 stages. It will begin with the construction of two nine-floor houses to complement the supply of housing in the city with 138 apartments. The first stage of “Namų pynės” project includes the design of apartments from 1 to 4 rooms with balconies and terraces. Two children’s playgrounds and green zones will be equipped between the houses. The area will be fenced for safety purposes.
    Currently, “EIKA” develops projects in the districts of Bajorai, Šnipiškės, Jeruzalė, Santariškės, Pilaitė, Naujamiestis and the Old Town.
    About “EIKA group”
    “EIKA”, established in 1992, is one of the largest real estate development and construction company groups in Lithuania, successfully developing residential, commercial, public buildings and other projects, creating new quality of life and work. The company has already built more than 3,000 apartments and 270 thousand square meters of buildings. “EIKA” has been awarded many times, as the best real estate developer in Lithuania, its projects “Santariškių namai” and “EIKA namai Pilaitėje” were recognised as the best in Lithuania.
    More information:
    Raimonda Janušonytė
    Head of Marketing and Communication
    Tel. +370 5 2045 809
    E-mail: raimonda@eika.lt