Baltic real estate developer “Linstow Baltic” presented the SPORTA 2 quarter multifunctional urban development project at the international real estate exhibition MIPIM in Cannes, France. The project was showcased at the Riga city stand, where its development concept and future potential were introduced to international investors, business representatives and urban development experts. The first phase of the SPORTA 2 quarter development project is planned to open in 2028, with the main focus on the development of A-class office spaces.
SPORTA 2 quarter is a new multifunctional urban development project in central Riga, located in a strategically important area between the UNESCO World Heritage site “Historic Centre of Riga” and the rapidly developing Skanste neighbourhood. The project is designed to create a dynamic and vibrant environment where historic industrial heritage integrates with contemporary urban development trends.
“The goal of SPORTA 2 quarter is to create a modern, multifunctional urban environment that will become one of the leading districts in central Riga - a place for business, everyday life and leisure. We are developing this area as a dynamic part of the city, where modern workplaces are complemented by high-quality public spaces, as well as cultural and gastronomic offerings that attract businesses, residents and visitors,” says Andis Kublačovs, Development and Sustainability Director at “Linstow Baltic”, the developer of SPORTA 2 quarter.
SPORTA 2 quarter is being developed as a contemporary, multifunctional urban space where work, creativity, culture and community come together. Already today, the quarter is evolving into an active hub for creative industries, attracting new companies, projects and ideas.
In the first phase of the project, scheduled to open in 2028, the main focus will be on the development of A-class office spaces, which will account for approximately 85% of the first phase. SPORTA 2 quarter will offer modern and flexible workspaces - ranging from corporate headquarters to coworking environments - designed to enhance productivity and wellbeing. The project will also include rooftop terraces and shared spaces, creating an inspiring setting for collaboration, meetings and the development of new ideas.
The development carefully preserves and integrates the site’s historic industrial heritage, while complementing it with contemporary architectural and technological solutions. The project is being developed in accordance with BREEAM sustainability standards, creating a high-quality and sustainable urban environment.
MIPIM is one of the world’s leading international real estate exhibitions, held annually in Cannes, France. It brings together real estate developers, investors, urban planners, architects and financial institutions from around the world to showcase major projects, establish new partnerships and discuss the future of urban development. MIPIM is widely regarded as one of the most important global platforms for real estate investment and development.
About SPORTA 2 quarter
SPORTA 2 quarter is a dynamic, creative, and sustainable environment in the heart of Riga, where historical industrial heritage meets contemporary urban development trends. Located between Riga’s Quiet Centre and the Hanza district, SPORTA 2 quarter is a constantly evolving creative hub that has become a popular destination for enjoying art, culture, events, and gastronomy. Currently, the quarter is home to more than 20 companies and organizations from various creative industries. The development of SPORTA 2 quarter is led by Linstow Baltic, one of the leading long-term real estate developers in the Baltics across multiple segments. More information: www.sporta2.com.
About SIA “Linstow Baltic”
“Linstow Baltic” is one of the leading long-term real estate developers in the Baltics, delivering diverse real estate projects across office, retail, hotel, parking, and other segments. “Linstow Baltic” has been active in the real estate sector since 1996. In Latvia, “Linstow Baltic” is developing the “Riga Central Business District” in the city centre - a rapidly growing and modern development area featuring a prime location and sustainable, future-oriented solutions. The company manages the “Origo One” business centre, the sustainable “SATEKLES BUSINESS CENTRE” business complex, and is developing the dynamic urban quarter “Sporta 2”. In Latvia, it also manages and develops the “Origo” shopping centre, while in Estonia it manages and develops the largest shopping centre in the country – “Ülemiste”. “Linstow Baltic” does not provide real estate brokerage services. More information: www.linstowbaltic.lv
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