A subsidiary of Pro Kapital has signed a contract for the construction of Kindrali Houses in Tallinn

February 4, 2021

On 3 February 2021, OÜ Marsi Elu, a company belonging to the AS Pro Kapital Grupp group, and Oma Ehitaja AS signed a contract for the construction of three five-storey building complexes located in Kristiine City, in Tondi. The construction will be carried out in two stages with a total cost of 20 million euros including the VAT. The project is named Kindrali Houses.

In the first construction phase 129 apartments and in the second 66 apartments with parking spaces under the houses and above-ground will be completed. Completion of the first phase is planned for the summer of 2022 at the latest. We are glad to say, to date more than 50% of the apartments have been already sold or booked.

According to Paolo Michelozzi, the Chairman of the Management Board of AS Pro Kapital Grupp, the company is pleased to start cooperation with Oma Ehitaja. “Kristiine City’s residential area is highly valued by customers. Most of the new homes in Kristiine City find an owner even before the buildings are completed, which is why we are actively continuing the development of the area, ” said Michelozzi.

Kindrali Houses will be built in the Kristiine City residential quarter with an exciting history. Here we have already built Kristina Houses, restored Tondi 51 barracks building, Marsi 6 lofts and will complete Ratsuri Houses this spring. The contemporary and Nordic architecture of Kindrali Houses will bring a new kind of diversity to Kristiine City. On one hand, there is a tree-lined boulevard surrounding the houseswith Brooklyn-like high first-floor homes or commercial premises that open directly onto the street. On the other hand, the spacious and private courtyard between the buildings with apple trees, berry bushes, cozy seating areas and play areas offers joy and activity for everyone. The versatile development of the Kindrali Houses will add lively atmosphere characteristicof the city center to the Kristiine City’s gardencity milieu. The architects of the buildings and landscape of Kindrali Houses are the leading architect Indrek Tiigi and Allianss Arhitektid and the interior architect is Galina Burnakova.

More information about Kindrali Houses can be found here

Kristiine City is an integral and versatile living environment in the heart of Tallinn, where functional city homes with the contemporary design are being built. The garden-like and private Kristiine City is convenient and easily accessible on foot, by bicycle, by car or by public transport. Kristiine City has become a place highly valued by people. Read more.