Builders will use monolith ferroconcrete technology in the construction process, which allows for the fluid planning of apartments within the structures. On the outside the buildings would be plated with aluminum panels and glass. The two structures will contain a total of about 320 apartments of varying size, depending on demand.
Parkhaus boasts that the upper floor apartments will have terraces that provide views of the sea, the city's Old Town and the country's international airport.
A representative from the company said that the residential complex would be designed by architects from the firm Silis, Zabers and Klava. The spokesperson added that an experienced construction company that has dealt with similar projects in Latvia would execute the construction process.
Parkhaus was founded by Latvian businessmen Aleksandrs Danegirss and Vyacheslav Holmin in cooperation with the Moscow real estate company Dekra International, which is registered in the Cayman Islands.