Eagle Hills launches €3B Riga Waterfront project
Updated 5/22/2024 10:21:00 AM
Arab Finance: Eagle Hills Properties has launched its new project Riga Waterfront for the development of the waterfront on the Daugava River in Riga, the capital of Latvia, according to an emailed press release.
Spanning 5 kilometers, the project is strategically located at the intersection of Riga's world heritage historic center, which is recognized by UNESCO, and the charming Art Nouveau district.
Riga Waterfront features around 8,000 residential units that can accommodate over 30,000 residents, in addition to a wide range of luxury hotels with over 1,000 hospitality units, enchanting ice-skating rinks, marina for ships and yachts, shopping center, and public green spaces.
Mohamed Al Abbar, Founder and Chairman of Eagle Hills, said that the project reflects the strategic vision to develop Latvia and its capital Riga to transform it into Europe's new center.
With investments exceeding €3 billion, the project is poised to turn the site into a vibrant hub that offers a harmonious blend of luxury residential buildings, green spaces, and an active community life with a direct view of the waterfront, Al Abbar added.
Related News
