The best real estate projects of 2021 in Lithuania were announced and awarded in a solemn ceremony at the renewed Lithuanian National Drama Theatre in Vilnius. Lithuanian Real Estate Development Association (LREDA) and the Academy for Sustainable Development has been organizing the competition “For sustainable development” called Lithuanian Oscar of the real estate for 14 years.
This year, the competition received as many as 29 real estate project applications: 7 residential apartment blocks, 4 residential-commercial sites, 9 commercial real estate projects and 9 applications for the Future Project Prize. The applications were submitted from Vilnius, Kaunas and Klaipėda.
When evaluating the projects participating in this year’s competition, Mindaugas Statulevičius, Head of LREDA and the Chairman of the Commission of the competition “For sustainable development”, was pleased that competitive progress and the need for sustainable development are becoming the daily routine of many Lithuanian real estate developers:
“I am pleased by the qualitative challenges posed by the developers and their successful implementation. I can only hope that these trends will only gain acceleration in the context of sustainable real estate development. Many participants are very serious projects that demonstrated the breakthroughs and resilience to the challenges of the business environment in 2020-2021”, the President of LREDA said.
The participants of the competition were evaluated by a 9-member commission consisting of representatives from the Lithuanian Builders’ Association, banks, Vilnius Gediminas Technical University, the Ministry of Environment, Vilnius City Municipality, the Lithuanian Real Estate Development Association and the media. You can see the behind-the-scenes work of this year’s commission here.
The public cast their vote in a poll organized by the competition partner – news portal delfi.lt.
The winners of the competition “For sustainable development 2021”:
Residential apartment blocks
Vilnelė Valley, Vilnius
Project developer – UAB “MERKO STATYBA”
Sierakausko 25, Vilnius
Project developer – UAB “REALINIJA”
Commercial / service projects
Co-living project “Liv_in Vilnius”
Project developer – UAB “ERIADAS”
“JUTA” autocentras, Vilnius
Project developer – UAB “YIT Lietuva“
Commercial / office project
“BLC verslo lyderių centras”, Kaunas
Project developer – UAB „SBA Urban“
“SBA industrinių inovacijų slėnis”, Klaipėda
Project developer – SBA group company „Notus developers“
“MARIŲ VĖTRUNGĖS”, Neringa
Project developer -“INREAL grupė”
“BLC verslo lyderių centras”, Kaunas
Project developer – UAB “SBA Urban”
The Golden Awards of the competition received special attention this year – the best of the best real estate projects by 2020. In the elections organised for the first time, the sites and companies were selected that not only won the main prize of the competition “For sustainable development”, but also deservedly maintained high quality standards for the maintenance of the site during their lifetime.
The best of the best winners of the competition “For sustainable development” by 2020:
“Swedbank” office building
UAB “Swedbank valda”, Vilnius , 2009
UAB “Miesto renesansas”, Kaunas, 2017
UAB Balsių mokyklos SPV, Vilnius, 2012
UAB “Hanner”, Vilnius, 2007
UAB “Baltic Realty Adviser”, Kaunas, 2008
The commission of this year‘s competition “For sustainable development”:
Mindaugas Statulevičius, President of LREDA – Chairman of commission;
Dr. Dalia Bardauskienė – member of the international community of urban planners and architects ISOCARP;
Darius Kvedaravičius – Deputy Minister of the Ministry of the Environment of the Republic of Lithuania;
Alvydas Kvedaravičius – Expert of the Lithuanian Builders Association, Manager of the Real Estate Development Department of UAB “YIT Lietuva”;
Doc. Linas Naujokaitis – Member of the Board of the Vilnius Branch of the Lithuanian Union of Architects, Associate Professor of the Faculty of Architecture of Vilnius Gediminas Technical University;
Prof. Habil. Dr. Vytautas Martinaitis – Professor of the Department of Building Energy of Vilnius Gediminas Technical University;
Martynas Trimonis – AB “Swedbank” Manager of Real Estate Customers Department;
Evelina Povilaitytė – “Verslo žinios” Real Estate heading editor;
Justina Maciūnaitė – DELFI Būstas heading editor.
Moments from the awards evening of the competition “For sustainable development”