Kodusadam OÜ, a joint venture of AS Merko Ehitus Eesti and AS BLRT Grupp, has
decided to launch Allveelaeva development project in Noblessner seafront
quarter, which comprises of one residential building with 148 apartments and 11
commercial premises.
The residential building at Allveelaeva 4 (merko.ee/allveelaeva
(https://merko.ee/allveelaeva/eng/)) will have the energy class rating "B" and
the size of the apartments will range in between 28-104 square metres, price per
square metre starting from 3500 euros. Parking spaces will be located under the
building and there will be a private courtyard with recreational areas and
playgrounds. The architectural solution of the building has been designed by
Arhitektuuribüroo PLUSS architects.
Noblessner (noblessner.ee (https://noblessner.ee/en/#/)), a district with a
dignified history, has been designed to a contemporary living environment where
the residential buildings are surrounded by an integrated urban space of
squares, parks, a seaside promenade and high quality recreational facilities. As
the first co-operation project between Merko and BLRT, four residential
buildings with 198 apartments and 17 office, catering and retail premises were
completed in 2019 on Staapli street. The Vesilennuki real estate development
with five residential buildings is currently under construction
(merko.ee/vesilennuki (https://merko.ee/noblessner/vesilennuki/en/)).
Residential projects in Noblessner are developed by Kodusadam OÜ, a joint
venture established in December 2014. Both AS Merko Ehitus Eesti and AS BLRT
Grupp own 50% of the company.
AS Merko Ehitus Eesti (merko.ee (https://merko.ee/en/)) is an Estonian leading
construction company which offers construction services in general construction,
civil engineering, electrical and residential construction and develops
residential real estate. To ensure the best quality and convenience for home
buyers Merko manages all phases of the development: planning, design,
construction, sales and service during the warranty period.
Additional information: Mr. Tiit Kuusik, Member of the Management Board of
Kodusadam OÜ, phone +372 680 5154.
Urmas Somelar
Head of Finance Unit
AS Merko Ehitus
+372 650 1250
urmas.somelar@merko.ee (mailto:urmas.somelar@merko.ee)
AS Merko Ehitus (group.merko.ee (https://group.merko.ee/en/)) group consists of
AS Merko Ehitus Eesti in Estonia, SIA Merks in Latvia, UAB Merko Statyba in
Lithuania and Peritus Entreprenør AS in Norway. Besides providing construction
services as a main contractor, the group's other major area of activity is
apartment development. As of the end of 2020, the group employed 666 people and
the group's revenue for 2020 was EUR 316 million.
Estonian industrial group BLRT Grupp (blrt.ee (https://blrt.ee/en/)) is one of
the biggest in the Baltic Sea region. Operations were launched in Tallinn in
1912. Today the group includes 52 companies and 4 joint ventures that provide
jobs to more than 4000 specialists in 10 different sectors in seven countries.
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