Construction Begins on the Long-Awaited Premium Blue Marine Project by the Āgenskalns Bay

We are proud to announce that PRO KAPITAL GRUPP, one of the leading premium real estate developers in the Baltic region with over 31 years of experience, has commenced construction of the exclusive Blue Marine residential project in Trijadibas street 1A, Riga. This marks the next significant step in the development of the Klīversala Quarter – a place where urban elegance, natural serenity, and a refined lifestyle converge.

The group’s construction company, Pro Kapital Latvia Engineering, has begun work on the most critical part of the building – the monolithic foundation and underground parking, which, just like in the already completed and sold-out luxury River Breeze Residence (Kuģu street 28, Riga), will reach 6 meters depth and will be beneath the water level.

Blue Marine is more than a residence – it is a lifestyle, designed for those who value flawless quality, carefully selected materials, individual design, and absolute privacy. The project will feature 96 premium apartments ranging in size from 38 to 210 m², each equipped with a private balcony or terrace, offering unforgettable views of the waterfront, city skyline, and lush greenery.

The building will be constructed using only the highest quality, sustainable finishing materials and engineering systems, ensuring superior comfort, energy efficiency, and long-term value. In addition, the group’s construction company will provide a 5-year warranty for the construction works, starting from the moment the building is put into operation, – a mark of lasting commitment to excellence.

Blue Marine’s location is unique not only in Latvia but across the entire Baltic region – situated in the prestigious Klīversala, right on the shoreline of Āgenskalns Bay, surrounded by valuable century-old trees, and just a short walk from Old Riga and Uzvaras Park. It is an environment where people, nature, and the city exist in perfect harmony.

Residents of Blue Marine will enjoy a wide array of thoughtfully curated amenities:

- private marina for motoryachts,

- sports club,

- riverside promenade with a rose garden,

- children’s playgrounds,

- underground parking garage,

- dedicated storage space for bicycles and strollers,

- optional private storage units for purchase.

According to Una Pilmane, Head of Sales and Marketing, apartment reservations are now open in the Blue Marine project. She notes a strong interest in spacious apartments with a living area of over 88 m², as well as in two-room apartments, which are particularly appealing as stylish and comfortable residences for those staying in Riga, or as investment opportunities.

Reservation terms: 15% initial payment, with the remaining 85% upon completion.
The fully finished project is scheduled for handover in Spring 2027.

Pro Kapital Grupp AS is one of the leading real estate development companies in the Baltic region, with a legacy that spans over three decades. As a shareholder in Pro Kapital Grupp, one holds a stake in a company that is deeply committed to long-term value creation through high-quality, customer-focused real estate projects. 

The company is publicly listed on the Nasdaq Tallinn Stock Exchange, providing transparency and accessibility for both institutional and private investors. The company’s portfolio includes premium residential, commercial, and mixed-use developments in key Baltic cities – Tallinn, Riga, Vilnius, and historically, Germany. These projects are strategically located and designed to create long-term value for residents, communities, and investors alike.