THE BENEFITS OF THE SOUTHERN BYPASS – MORE CONSTRUCTION
11 December, 2013
The real estate company Newsec has already noticed the benefits of just opened Southern Bypass in Lithuania‘s capital city. Martynas Babilas, the Project Manager of the Company in Baltic Countries says, that until now, the northern part of the city have been developing very rapidly. But today – there’s lots of prospects for developing the southern part of the city too.
“We believe that bypass will affect offices market”, – says M. Babilas. According to him, the Southern bypass could open up more opportunities to construct the southern part of the city near “Ikea” and the airport.
“The main reason why offices has been focusing on the northern part – it is convenient for people, who live there”, – noted M. Babilas. So, once a problem with a transport of the southern part of the city is resolved, the real estate development should take place in this part of the city too.