Mixed Centre Development Zone.
The JC8 Mixed Centre Development Zone is a functional zoning area within the territory of Riga’s Historic Centre and its protection zone, allowing for a broad range of mixed uses. Requirements regarding land use and development are defined by the planning documents developed for the territory of Riga’s Historic Centre and its protection zone.
The property offers several potential development scenarios. In accordance with the permitted land-use possibilities, the site may be suitable for a 3–5-storey residential or mixed-use development project.
An alternative use would be the development of a parking facility. Given the location, this could represent an attractive and potentially in-demand investment opportunity.
A key advantage is that access to the plot is planned from Katrīnas dambis, providing convenient access to the property.
The necessary utility infrastructure is available nearby, including electricity and the city’s stormwater drainage system.
Potential development scenarios:
- development of a 3–5-storey residential or mixed-use building;
- commercial or service use in accordance with the permitted land-use possibilities;
- development of a parking facility on the 610 m² plot with significant potential due to a popular polyclinic located nearby;
- a combined development solution, depending on the investor’s concept and objectives.
Property parameters:
Land plot area: 610 m²
Zoning: JC8
Access: from Katrīnas dambis
Location: convenient access to central Riga
The property offers potential both for a development project and for the creation of a parking facility, making it an interesting opportunity for investors and developers looking for land in Riga with several possible uses.
