an abstract photo of a curved building with a blue sky in the background

Uu27 Rental House — Riga, Latvia

Ūdens iela 27 | Dzeguzkalns district

U27 is a prepared urban rental housing project in Riga, developed within the KI Assets group as part of its activities in market analysis, acquisition structuring, and real estate development in Latvia.

Project snapshot

valid permit

Approved development project with a valid building permit (minimal scope)

~2,200 m²

Total projected gross floor area:

75 residential units,

150 residents

Designed capacity:

urban rental

building typology

Mid-rise

an abstract photo of a curved building with a blue sky in the background

Functional flexibility

90 student rooms with shared amenities

40 two-room apartments (40–44 m²)

Cluster-type student housing
multi-apartment
studio layout
multi-apartment residential layout

75 fully equipped separate studio apartments (22–25 m²)

The approved building volume allows multiple use scenarios without changes to external parameters, including:

Location & urban context

Walking distance to RTU Student City, RISEBA H2O Faculty, and RSU main campus.

uNIVERSITIES

Strong public transport connectivity and pedestrian access to the city centre

public transport

Surrounding

Located near the Zunda canal and Daugava riverfront, multiple parks

The surrounding district is undergoing active redevelopment. The Riga City Council has initiated upgrades to the Zunda canal promenade and long-term connectivity improvements between Dzeguzkalns and Ķīpsala, reinforcing the area’s mixed-use and residential profile.

an abstract photo of a curved building with a blue sky in the background

Architectural concept

Light grey PVC window frames

Decorative metal frames & Reinforced concrete balcony

  • Contemporary design with prefabricated reinforced concrete structure

  • Brick façade in multiple tones, large window openings

  • Selected units with balconies

  • Transparent ground-floor lobby and shared areas

  • Integrated bicycle parking and limited car parking

  • Energy-efficient construction approach suitable for long-term rental use

Thermo wood

Prefabricated reinforced concrete structures as finish and construction

Brick tiles

Project status

Initial-stage technical project approved by Riga City Development Department

approved

timeframe

Estimated timeframe for full technical project development: 6–8 months

Coordinators

Project prepared and coordinated within the KI Assets group structure

an abstract photo of a curved building with a blue sky in the background