Capital Mill started the construction of an apartment building at the Kassisaba area in Tallinn

  • 2023-07-13

This week, Capital Mill started the construction of a new apartment building at Luise St 13 of the Kassisaba area in Tallinn; the modern 14-apartment building made to fit the historical city area will be ready by the end of 2024.

“July of this year has been a busy housing development month for Capital Mill – while the beginning of the month saw the launch of the construction of private houses at the Viimsi Laanserva development, then this week, Grand Ehitus started the construction of the new Luise 13 apartment building in the historical Kassisaba area,” said CEO of Capital Mill Kaarel Loigu.

According to Kaarel Loigu, Luise Street 13 is a practical as well an exciting place to live. The surrounding areas include Old Town, Tõnismägi and Kristiine with shopping centres, parks and other establishments within a walking distance. “When living on Luise Street, you can run your daily errands car-free as the public transportation links are excellent,” said the CEO.

The Luise 13 apartment building is surrounded by historical wooden houses as well as slightly newer stone buildings. “Luise 13 is a joining link between different styles of architecture and fits perfectly into its surroundings,” said Kaarel Loigu. “It is a neighbourhood that is never dull and a building that’s unordinary. The neighbourhood is a good and convenient living area for families of varied sizes as well as for people who appreciate the proximity of the city centre and the historical milieu.”

The four-storey building has a reinforced concrete structure with wooden board exterior finishing and a rooftop covered with plantation in line with green thinking. The ground floor features parking spaces for cars as well as bicycles. There’s a children’s playground outside. The author of the architectural solution is Apex Ahitektuuribüroo OÜ.

Capital Mill’s other housing developments include Laaneserva, Väike-Taani and Jakobi 17 development projects.

Capital Mill, founded in 2008, is a company focused on real estate investments in the Baltic States with our current portfolio valued at about five hundred million euros. The company’s team has long-standing experience in real estate development. Capital Mill manages numerous highly valued real estate objects in Estonia, Latvia and Lithuania.