GALIO GROUP’s debut project reaches a new stage: the first building of GUSTAVS Business Center has been commissioned

  • 2023-03-30

On 29 March, the first building of the new and modern business center GUSTAVS at Gustava Zemgala gatve 73, with a total area of approximately 20 700 square metres, has been commissioned. SEB Global Services is the anchor tenant of the building and will lease approximately 11 000 square metres. The list of tenants also includes the food retail chain Rimi Latvia with a Rimi Mini store, and Latvia’s first lunch restaurant iLunch.

The building, which has been commissioned, is six stories high with two levels of underground parking, an atrium with a wooden skylight structure, conference rooms, a restaurant area, electric car charging, shower rooms, changing rooms, as well as special rooms for the well-being of employees. The building has been constructed to the highest BREEAM New Construction Excellent Fully Fitted certification requirements in the area of sustainability and has been built using sustainable solutions. Solar panels have also been installed on the roof of the building.

Kaspars Beitiņš, Member of the Board of GALIO Development in Latvia: “The project includes three buildings, so commissioning of the first building is a very important moment for us as a real estate developer, as GUSTAVS Business Center is our debut project in Latvia. Since the start of construction in August 2021, we have been on schedule – thanks to excellent cooperation with our partners. We are also delighted that the first building's tenants include companies such as Rimi Latvia and iLunch, which will offer both employees and residents of the neighbourhood the opportunity to shop and dine. Our goal to offer modern and energy-efficient premises remains unchanged and we are continuing to work towards the start of the new building construction in the near future.”

Donatas Vaitasius, CEO of iLunch: “We are delighted to open the first iLunch lunch restaurant in Riga, Latvia. iLunch is a young, fast-growing, innovative restaurant business concept with more than 20 locations in Lithuania and we are actively expanding in Riga, Latvia. We will offer lunches to Riga residents, which they can enjoy every day from Monday to Friday in three ways: dining at the restaurant, taking lunch to go and ordering via the most popular delivery platforms in Riga to offices or homes within range of our first iLunch location.”

Inga Bite, External Communications Manager, Rimi Latvia: “The opening of the Rimi store on the 1st floor of GUSTAVS Business Center will provide additional opportunities for local residents, as well as for employees and visitors to the business center. It will be a convenient opportunity to take care of everyday shopping in one place and to find everything you need from a wide assortment in the more than 400 square metre space.”

As previously reported, construction of the building started in August 2021, when the construction company Merks was chosen as the construction partner. The architects and project authors of GUSTAVS Business center are SIA Vilnis Mičulis. Construction supervision was provided by SIA Būvuzraugi LV.

The portfolio of office buildings of the real estate developer GALIO GROUP includes successfully implemented projects such as S7, Freedom 36 and Wave. The commercial space project Kintu 11 in Vilnius and the shopping center Stock-O in Klaipėda have already been commissioned.