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“Vilnelės Skverai” is the best residential project in Lithuania

On Wednesday in Vilnius, during the solemn ceremony of the “For Sustainable Development” competition, the best real estate projects in Lithuania for the year 2023 were announced and awarded. The selection of the best real estate projects in Lithuania is organized by the Lithuanian Real Estate Development Association (LNTPA) and the Academy of Sustainable Development for the 16th consecutive year.

In the category of residential projects, the best project was recognized as the implementation of the “Vilnelės skverai” project in Vilnius by the real estate development company Merko statyba.

This year, the “For Sustainable Development” competition received a record number of real estate project applications – 26 in total: 5 residential and leisure projects, 3 public-purpose projects, 6 commercial projects, and as many as 12 applications were submitted for the Future prize. The geography of the participating projects in the competition covered Vilnius, Kaunas, Molėtai, Palanga, and Nida.

The evaluation of the competition participants was carried out by a commission of 9 members, including representatives from the Lithuanian Architects’ Association, the Lithuanian Builders’ Association, banks, Vilnius Gediminas Technical University, the Ministry of Environment, the Lithuanian Real Estate Development Association, and the media.