A rendering of Rand residential project. Credit: Merko Ehitus.

Estonian construction firm Merko Ehitus Eesti, a unit of Merko Ehitus group, has initiated the construction of a residential development project Rand.

Located between the streets of Suur-Patarei and Kalaranna in Tallinn, Estonia, the residential project includes three new residential buildings and revamp of a historical building in the courtyard.

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Slated to be completed next year, the residential building will comprise a total of 31 flats and six commercial establishments.

The residential building will be categorised under energy class B, equipped with floor heating and heat exchange forced air ventilation system.

“Apartments will range from 57m² to 298m² and the price per square metre will range from €2,900 to €4,500.”

Facilities include underground car parking and interior courtyards with private green areas and a common play area.

Apartments will range from 57m2 to 298m2 and the price per square metre will range from €2,900 to €4,500.

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The Rand residential project is designed by Estonia’s architecture firm Kadarik Tüür Arhitektid.

Merko Ehitus Eesti offers services in general, civil engineering, road, electrical and residential construction.

The firm manages all phases of the development, from planning to sales and service during the warranty period.

With 755 employees, Merko Ehitus group’s construction portfolio includes projects with SIA Merks, UAB Merko Statyba, and Peritus Entreprenør, as well as other real estate development business units with real estate holding companies