The projects successfully carried out up to now are going to be supplemented by new office and housing complexes; between Pulkveža Brieža, Hanzas, Skanstes and Sporta Streets the business and residential complex New Hanza will be developed.
At the start of the implementation of the large scale development plans, a bronze sculpture of a bull has been unveiled in the territory of New Hanza ordered by ABLV Bank (its author is the well-known artist Ģļebs Panteļejevs) as a visual symbol for the development of the quarter and the slogan labor omnia vincit – "work conquers all. In the future, the New Hanza quarter will be formed by several 6-20 storey office buildings, as well as a residential complex and a new park.
At least € 5 mil.annually
In order to achieve the goal set forth in the Riga development strategy, revitalization of the degraded territories of the neighborhood is necessary, starting with the construction of streets and engineer networks. Perfecting the transport infrastructure, the long awaited reconstruction of Skanstes Street will take place, including the dismantling of the old railway branch and setting up a new tram line.
The new low-floor tramline is expected to be 3.6 kilometers long and cover the route Sporta iela–Skanstes iela–Zirņu iela–Senču iela–Pērnavas iela. The tramline will link the Skanste neighborhood with the Central Train Station, which will be one of the stops on the international railway Rail Baltica currently under construction.