
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



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.

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






