The Bank of Lithuania (LB) is preparing to renovate its headquarters located in the center of Vilnius, on Gediminas Avenue and Totorių Streets.
The Central Bank of the country has announced the purchase of a feasibility study for the redevelopment of a complex of buildings in the center of the capital, for which bids are expected until August 21. The feasibility study would aim to examine possible options for renovating or overhauling the complex.
The purchase documents indicate that the heating, ventilation, and air conditioning systems of the bank buildings do not meet the requirements, so they need to be updated.
"Gedimin Ave. The complex of 6 buildings uses energy-inefficient engineering systems that require constant repair, in order to abandon the rented premises, the number of jobs should be increased," LB commented to BNS.
According to the bank, at the moment it is not yet known how its activities would be organized during the works, this will become clear when a decision on the renovation of the complex is made.
The preliminary price of the works and their deadline are also not yet known.
"The possible maximum cost of the reconstruction will be considered after having prepared a feasibility study," said LB.
The project is to be financed with the funds of the Bank of Lithuania.
LB announced in May that the results of the feasibility study of the building complex in Gediminas Prospect are planned to be received in the first quarter of 2025.
The complex in the capital consists of three buildings located on Gediminas Avenue and Totorių Street, the entire complex has 350 workplaces.
The bank building on Gediminas Avenue is included in the Register of Immovable Cultural Properties. It was built at the end of the 19th century according to the project of the architect Vincent Gorski. The register indicates that it is one of the first buildings built specifically for the bank in Vilnius, which retained its purpose throughout the period.
An open international tender for the procurement of reconstruction design services for the bank building complex on Žirmūnų Street is also currently underway.
Žirmūnai it is intended to reorganize the premises required for handling cash, increase the number of workplaces, update the infrastructure of buildings, clean up the environment, modernize engineering and safety systems and increase the energy efficiency of buildings.
Author Aurimas Ragelis
