{"id":742,"date":"2022-03-14T11:39:50","date_gmt":"2022-03-14T11:39:50","guid":{"rendered":"https:\/\/usre.ee\/?p=742"},"modified":"2023-01-27T08:51:12","modified_gmt":"2023-01-27T08:51:12","slug":"us-real-estate-and-port-of-tallinn-to-jointly-develop-the-city-marina-area","status":"publish","type":"post","link":"https:\/\/usre.ee\/en\/us-real-estate-and-port-of-tallinn-to-jointly-develop-the-city-marina-area\/","title":{"rendered":"US Real Estate and Port of Tallinn have signed agreement for the development of the Laeva 5 property"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">US Real Estate and Port of Tallinn have signed a 50-year building lease agreement for the development of the Laeva 5 property by the City Marina.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">According to Aavo Kokk, Chairman of the Board of US Real Estate, a three-storey restaurant building will be built on the property, which will be named La Marina. &#8220;Our aim is to create an unrivalled meeting place on the property with unparalleled views, where locals and tourists alike can enjoy a late breakfast, a working lunch or an evening gourmet meal from the sunny terraces with the best views,&#8221; said Aavo Kokk.<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">In late 2021, US Real Estate won the auction for the building right announced by AS Tallinna Sadam. <\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">&#8220;The aim of the Laeva 5 property auction was to find a developer with a strong and clear vision, who would be willing to transform the old and tired-looking building on the property into the best public commercial building and turn the adjacent neighbourhood into an attractive urban space for our passengers and citizens alike,&#8221; said Valdo Kalm, Chairman of the Board of Tallinn Port.<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">The seaside restaurant building La Marina is designed by architect Peeter Pere. The three-storey commercial building will have 1,068 m2 of lettable space and more than 700 m2 of terrace area. The building will be completed by summer 2024.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The La Marina restaurant building will complement the Golden Gate office building in the US Real Estate portfolio, which will be completed in 2024, and the Ahtri 3 property. The La Marina and Golden Gate developments will support the development of Tallinn&#8217;s port area, with the aim of transforming the Old Port area into a central urban space that will be a landmark for Tallinn and, at the same time, for the whole country, as well as a new centre of attraction for the city&#8217;s residents.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"510\" src=\"https:\/\/usre.ee\/wp-content\/uploads\/2023\/01\/LaMarina-1024x510.jpg\" alt=\"\" class=\"wp-image-743\" srcset=\"https:\/\/usre.ee\/wp-content\/uploads\/2023\/01\/LaMarina-1024x510.jpg 1024w, https:\/\/usre.ee\/wp-content\/uploads\/2023\/01\/LaMarina-300x149.jpg 300w, https:\/\/usre.ee\/wp-content\/uploads\/2023\/01\/LaMarina-768x382.jpg 768w, https:\/\/usre.ee\/wp-content\/uploads\/2023\/01\/LaMarina-1536x764.jpg 1536w, https:\/\/usre.ee\/wp-content\/uploads\/2023\/01\/LaMarina-2048x1019.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>US Real Estate and Port of Tallinn have signed a 50-year building lease agreement for the development of the Laeva 5 property by the City Marina. According to Aavo Kokk, Chairman of the Board of US Real Estate, a three-storey restaurant building will be built on the property, which will be named La Marina. &#8220;Our [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":745,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-742","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>US Real Estate and Port of Tallinn have signed agreement for the development of the Laeva 5 property - US Real Estate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/usre.ee\/en\/us-real-estate-and-port-of-tallinn-to-jointly-develop-the-city-marina-area\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US Real Estate and Port of Tallinn have signed agreement for the development of the Laeva 5 property - US Real Estate\" \/>\n<meta property=\"og:description\" content=\"US Real Estate and Port of Tallinn have signed a 50-year building lease agreement for the development of the Laeva 5 property by the City Marina. 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