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In the center of Tallinn the construction of a residential housecosting54millioneuroswillbegininthecenterofTallinn

В центре Таллинна начнется строительство жилого дома стоимостью 54 миллиона евро

The new house, already due to the name Stellar, which will be located at the address Tartu highway, 15, will become part of the Microdistrict Compassi

and will harmoniously blend into the environment. Visualization of the project of Stellar. Visualization of the project of Stellar. Photo: Novira Capital

The new home, already dubbed Stellar, which will  locate at the address Tartu

highway, 15, will become part of the Microdistrict Compassi and will blend harmoniously into the environment.

The developers are Estonian developer Novira Capital along with investment company Evernord, Oma Oma Ehitaja will be the construction partner, with the completion of the work scheduled for July 2027 year. The total cost of the project is 54 million euros. 

“To find the best location for a new residential house in the heart of Tallinn is just impossible. Besides the conveniences of urban living, Stellar will provide silence and privacy, ” is confident of Evernord Asset Management and founder of Evernord Group Jolanta Jurga. She stresses that the project is focused exclusively on residential development without office space.

“The Stellar home is energy efficiency and comfort, bringing people back to the center of the city, and also reducing the environmental footprint through more rational use of land and optimized transportation infrastructure,” Adds Yurga.

The Building will have 147 apartments from 30 to 160 square meters, with one to five rooms.

“Environmentally clean building materials and innovative systems smart home create a enjoyable microclimate, simultaneously reducing costs,” explains Nikolai Kryzhanovsky, general director of Novira Capital .

The adjacent territory is planned to furnish a green yard with zones of rest and children’s playgrounds. “The yard will be fit for comfortable time for children, and adults,” Kryzhanovsky emphasizes. 

The architectural solution for Stellar was developed by Pluss Architects Indrek Suigusaar and Tanno Tammesson in cooperation with Meelis Press Architects.

The latest joint project Novira Capital and Evernord is the Novira Plaza Riga, completed last yearinCenterRiga,-wasrecognizedinLatviaasthebestdevelopmentprojectoftheyear,andNoviraCapitalwontheDeveloperoftheYear.

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