Artery business centre construction reaches an important milestone: the installation of a unique facade in the Baltic States has started

The Artery business centre, designed by world-renowned architect Daniel Libeskind (New York, USA), is beginning to take shape in the central business district of Vilnius – Konstitucijos Avenue. Most of the monolithic reinforced concrete structures have already been erected since the start of the project, and now, beautification works have begun on the 20-storey complex with facades that require exceptional technological solutions. This is another important milestone in the development of this business centre, which is attracting the attention not only of a growing number of ordinary Vilnius residents but also of leading Lithuanian and international companies.

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May 25, 2022, 9:46 AM, atnaujinta May 27, 2022, 10:33 AM

An expression of Vilnius’s future

The facade of the Artery business centre is distinguished by the fact that the glass will have no visible aluminium structural elements. The tasteful reflective coating used on the exterior creates maximum architectural integrity, which, according to the architect, was one of the key objectives of the building.

„This building is an expression of the future of Vilnius – the design creates a link between the city’s historic architecture and its place as a unique European capital. The design will create a vibrant mixed-use complex that will enliven and accelerate the development of the surrounding area,“ says Mr Libeskind.

The building will have a facade of a total of 18,000 square metres, covering the entire perimeter of the 20-storey building. The design and fabrication of this facade have been contributed by a highly experienced design team that has also worked on famous projects such as the Burj Khalifa in Dubai.

More and more tenants are interested

According to Marius Žemaitis, fund manager at Lords LB Asset Management, the investment management company that is developing the Artery project and developing premium office space in all the Baltic States, companies looking for office space that can represent them are particularly interested in such exceptional architecture.

„The office is increasingly perceived as part of a company’s image, reflecting its business aspirations and ambitions. They are looking for something to be proud of. So, the country’s outstanding architecture, Daniel Libeskind’s vision, and the ideal location in the heart of Vilnius’ central business district make the Artery complex particularly attractive. It should come as no surprise that the leasing process has been very successful,“ he says.

Strong focus on sustainability

Žemaitis emphasises that the choice to operate in this exceptional building is also driven by a focus on sustainability. The building will meet the A+ energy efficiency class and will be awarded the global BREEAM „Excellent New Construction“ sustainability certificate. Each of the 20 floors will be equipped with innovative heating, ventilation, humidification, and air conditioning systems. The underground part of the complex, which will include an underground crossing of Konstitucijos Ave. and will connect Europe Square, which is adjacent to Vilnius City Hall, to the White Bridge, will provide not only bicycle storage but also one of the capital’s largest complexes of charging points for electric cars and electric scooters.

„All these details make the Artery business centre unique in Vilnius and let it attract companies that have established their reputation in the international arena, one of which is the international Lithuanian-founded company kevin., which offers payment solutions for business. The employees of the latter will be located on the upper floors of the complex. All tenants will enjoy not only bright offices but also a 360-degree view of the city, which, we hope, will help the best ideas be born,“ says the representative of Lords LB Asset Management.

About Lords LB Asset Management

Lords LB Asset Management is an investment management company licensed by the Bank of Lithuania, providing services to institutional and private investors since 2008. Lords LB Asset Management manages the following collective investment vehicles: 12 real estate funds, 1 private equity fund, 1 energy and infrastructure fund, and 2 investment companies. The total value of assets under management of the funds and investment companies as of 30 June 2021 was EUR 652 million. Lords LB Asset Management is licensed and supervised by the Bank of Lithuania and audited by KPMG. SEB and Swedbank are depositaries for the company’s funds.

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