Ratsuri Houses will be constructed by OÜ Vanalinna Ehitus
February 13, 2020
Ratsuri Majad project, planned in the Kristiine City residential area in Tallinn, is being built by OÜ Vanalinna. The construction will include the reconstruction of a 20th-century, two-storey stables building on Mars 5 property, the construction of an extension and partly underground car park. The building is scheduled for completion in spring 2021, with the construction cost of approximately EUR 3.5 million including VAT. Ratsuri Houses will have a total of 39 apartments – 17 in the former stables and 22 in the modern New Holland style building. To date, 30 apartments have been booked.
According to Paolo Michelozzi, the Chairman of the Management Board of AS Pro Kapital Grupp, Kristiine City has become a truly valued living environment. “We have brought an urban atmosphere to this historic location and, through development, have added value to the entire region. Kristiine City is much more than a collection of apartment buildings, it is somewhat expanding the concept of downtown. It is a distinctive and independent living environment – “a city within a city, while being an organic part of urban space. Marsi 5 project, named Ratsuri Houses, is a unique blend of contemporary architecture and historical character and will undoubtedly become one of the pearls of this area,” said Michelozzi.
Kristiine City is an integral and unique living environment close to downtown Tallinn, where homes with smart spatial planning, stylish design and contemporary look are built. While enjoying the greenery and privacy, Kristiine City is well-connected with downtown and other areas of the city. Today, the dignified Tondi 51 barracks and Mars 6 lofts have been revived in Kristiine City. Designed by Alliance Architects, Kristina Houses brought nearly 310 new families to Kristiine City.
For additional information about Ratsuri Houses, please visit the project page here http://www.kristiinecity.ee/ratsurimajad. Further information on the living environment Kristiine City can be found here: https://www.kristiinecity.ee/