Vilnius Central Business District

54°41′45″N 25°16′32″E / 54.69583°N 25.27556°E / 54.69583; 25.27556

Central Business District seen from the Baltas Tiltas (White Bridge)
Central Business District seen from the Baltasis tiltas (White Bridge)
Konstitucijos Avenue
Konstitucijos avenue, the main street in the Central Business District
Vilnius Central Business District at sunrise
Central Business District at sunrise
In mid-2024
In mid-2024
CountryLithuania
RegionVilnius County
EldershipsŠnipiškės
Area
 • Total
0.62 km2 (0.24 sq mi)
Population
 • Total
2,500
 • Density4,000/km2 (10,000/sq mi)
Time zoneUTC+2 (EET)
 • Summer (DST)UTC+3 (EEST)
Websitevilniuscbd.lt
[2][3][4][5]
2024 CEV Beach Volley Nations Cup tournament was held in Vilnius CBD
Vilnius Central Business District is located in the southern part of Šnipiškės Eldership

The Central Business District (abbreviated Vilnius CBD) is a rapidly developing business district in Šnipiškės eldership of Vilnius, Lithuania.[6][7][8] It is Lithuania's most important business district and the largest of its kind in the Baltic States.

Between 2000 and 2018, more than 480,000 square metres (5,200,000 sq ft) of floor area was added to Vilnius CBD.[9] Most of the growth occurred after 2010, with intense growth continuing after 2020.[10] Since 2022, Vilnius has been experiencing a large influx of foreign professionals, many of whom work in the CBD.[11]

This area is called Naujasis miesto centras and abbreviated Vilniaus NMC in Lithuanian.[12][13][14] The Baltasis tiltas (White Bridge) connects the area with the Naujamiestis eldership. Vilnius government has created a virtual 3D map of the area where present and future buildings can be seen.[15][16]

Buildings and organizations

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Many of Lithuania's high-rise office buildings are located here, including Europa Tower, the tallest office building in the Baltic states.[17] As of December 2023, Vilnius CBD has about a dozen high rises designed by local and foreign architecture firms including Daniel Libeskind,[18][19] Lund + Slaatto Arkitekter [no],[20] Audrius Ambrasas [lt],[21] RSHP[22] and others.

Large multinational corporations have their local or regional headquarters here, for example Nasdaq,[23] Revolut,[24] Swedbank,[25] SEB Group,[26] Luminor Bank,[27] Unity Technologies,[28] Huawei,[29] Yara International,[30] and Johnson & Johnson.[31] The area is especially popular with banks and financial institutions. As of late 2022, Vilnius CBD is sparsely inhabited and is mostly filled with offices and commercial spaces. In 2022, office rental prices were ranging from 16,5 to 20 euros per square meter (appx 10.8 square feet).[32]

Two large shopping centers are located in Vilnius CBD – VCUP[33] and Europa.[34][35]

Sports fields

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There is a White Bridge sports field next to the bridge, which hosts 9 beach volleyball courts, 3 double-sided basketball courts, a park for roller skaters and skateboarders, outdoor training grounds and children playgrounds.[36][37] Various sports competitions are organised here.[38][39]

Concerts, festivals and other entertainment activities are regularly hosted in a field near Vilnius CBD and the White Bridge.[40] Annual laser show, part of "Sostinės Dienos" (English: "Capital City Days") is held here.[41][42]

Future buildings

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As of late 2023, multiple high-rise buildings planned in the area, many of which have been approved by the city government. Upcoming notable buildings include:

Future buildings, as of December 2023
Name Floor area Short description References
Burė 4 18,000 square metres (190,000 sq ft) 17 floor building by Swedish real estate investor Eastnine [sv] [43][44][45][46]
Hero by Realco 32,000 square metres (340,000 sq ft) 14 floor building by Realco [47][48][49][50]
Konstitucijos pr. 14A 19,200 square metres (207,000 sq ft) 7 floor building designed by Rogers Stirk Harbour + Partners [51][52][53][54]
Horizontai 55,000 square metres (590,000 sq ft) Multiple high-rise buildings, the most expensive Vilnius CBD project to date. [55][56][57][58]
Lvivo 38 unknown 29 floor high-rise building. [59][60][61][62]
Lvivo 68A 25,500 square metres (274,000 sq ft) Office complex consisting of multiple buildings [63][64][65][66]
Krokuvos 24 10,000 square metres (110,000 sq ft) Slender 100+ meter high-rise building. [67][68][69][70]

See also

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References

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