Lithuania’s capital Vilnius will host Europe’s largest tech office campus, as part of a €100 mln project that will offer 55,000 m2 of real estate.
The Tech Zity should open in late 2024, after the renovation of Soviet-era sewing factories in the city’s New Town area, a former industrial area.
Paying homage to its industrial heritage, Tech Zity will maintain the original design and the high-lofted, expansive office floors - with ceiling heights of at least 7 metres.
Open 24/7, the ‘infrastructure-first’ campus will include desk space for 5,000 digital workers, co-living spaces, 10 restaurants, cafes and bars, as well as cultural and educational facilities.
It will also feature a full range of meeting room space from phone booths, to mid-sized meeting rooms, to boardrooms, through to auditoriums for all-hands events, and event spaces for conferences and concerts.
Darius Žakaitis, founder of Tech Zity, commented: “Tech Zity is a first-of-its-kind project - in both ambition, being 30% larger than any tech campus developed previously in Europe, and in infrastructure terms - being the first to bring in every aspect of real estate that any technology business, from a pre-seed startup, through to the likes of Google, can call their home in Vilnius.’
The building will absorb many elements of modern architectural design - including glass staircases, which will replace dated staircases currently on-site.
The project will make use of sustainability techniques such as concrete capture, re-use and upcycling to capture and save over 500 million tons of carbon.
An on-site upcycling workshop will restore and rebuilt disused infrastructure from the site's former life as furniture for the new tech campus.
Upon completion, the site will feature Fitwel status, the world’s leading ‘healthy building certification’ system.
The project is part-funded by Tech Zity’s existing operations - with support from Mantas Mikuckas, the COO and founder of Vinted, while talks are underway with investment banks, family offices and institutional investors for additional funding.
Tech Zity will further boost the city’s growing tech hub, already hosting Vinted and NordVPN, an operational HQ for Revolut, as well as Google and Netflix offices and operations.
