Home » Business » Dragonfly Festival 21 million euro-worthy ‘Ulmanis Park II’

Dragonfly Festival 21 million euro-worthy ‘Ulmanis Park II’

Ulman Park II, which is worth 21 million euros, has celebrated the Dragonfly Festival. Construction 70% of the total available area is reserved at this stage.

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Its tenants include Latvian technology companies Lightspace Technologies and construction equipment rental company Ramirent.

This is Piche’s fourth business park located at the airport.Riga“Ulmanis Park II” is located next to “Airport Park”, which started its work in 2018, “Green Park”, which was offered to tenants two years later, and “Ulmanis Park I” , which became operational in 2017.

The difficult situation does not prevent companies from growing. They are looking for opportunities to expand both their office and warehouse space, comments Pēteris Senkāns, the head of the company “Piche”.

It plans to commission the first phase in mid-July. This object will continue to strengthen Mārupe as one of the most important business districts in Latvia. The company plans to develop at least another 100 thousand. m² of industrial space, Senkāns reveals.

The total area of ​​”Ulmanis Park II” is 21 thousand. square meters, including 19 thousand. square meters are warehouse space, while 2000 square meters are allocated for offices. The latest technologies have been used in the construction process, especially for the convenience of employees.

It is already known that the tenant of “Ulmanis Parks II” will be Latvian technology companies “Lightspace Technologies”, which has developed augmented reality glasses that are able to display the image in true 3D coordinates, ensuring its depth. In the Ulman Park II area, Lightspace Technologies will deploy all the processes that ensure the product development cycle.

Another company that will lease premises to Ulmanis Park II is Ramirent. It wants to expand its network of rental points and has chosen to open a new rental point near Riga Airport. In addition, significant construction projects will or are being implemented in the area, admits Raimonds Hanks, Ramirent’s lease director.

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