Construction Begins on 'Jaunatis' Complex in Fabijoniškės

Transformation has begun in the Fabijoniškės neighborhood of Vilnius, with the commencement of construction for the "Jaunatis" complex. Located at the intersection of Fabijoniškių and Ateities streets, the project is slated for completion by the end of 2027 and will feature 116 apartments, a shopping center, and various service businesses.

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Jaunatis will bring a new quality to Fabijoniškės and help residents rediscover the area.

The initial phase involves the demolition of a long-standing shopping center, which closed on May 23rd. Active demolition is expected to last two to three weeks, immediately followed by the construction of new buildings. Within approximately a year, residents will benefit from modern retail spaces on the first floor of "Jaunatis," alongside cafes and restaurants. The neighborhood's popular sports club, including its wellness area and pool, will remain operational throughout the construction period and beyond.

Eglė Krengauskė, Head of Marketing at "Homa Group," stated that "Jaunatis" will bring a new quality to Fabijoniškės and help residents rediscover the area. "I grew up in the neighborhood myself. Therefore, I know very well what time-tested Fabijoniškės infrastructure, proximity to educational institutions, large natural green spaces mean. Or a place in the city, next to which main arteries run and where public transport is exceptionally well-developed. But neighbors will probably agree that the buildings and surroundings until now did not adorn this neighborhood. Therefore, I have no doubt that the conversion with its greenery, food retail, cafes, and other activities will bring practical benefits, aesthetics, and also increase the value of surrounding property," Krengauskė said.

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I grew up in the neighborhood myself. Therefore, I know very well what time-tested Fabijoniškės infrastructure, proximity to educational institutions, large natural green spaces mean. [...] But neighbors will probably agree that the buildings and surroundings until now did not adorn this neighborhood. Therefore, I have no doubt that the conversion with its greenery, food retail, cafes, and other activities will bring practical benefits, aesthetics, and also increase the value of surrounding property.

The eastern part of the territory, oriented towards the forest, will house 116 one- to four-room apartments ranging from 24 to 76 square meters. Approximately 80% of these are one- to two-room units designed for first-time homebuyers. The project also offers several larger three- and four-room apartments, with prices starting from 3030 Eur per square meter. "Jaunatis" will also feature 16 exclusive duplex apartments with private rooftop terraces. Krengauskė noted significant early interest, with nearly half of the apartments reserved within the first week of sales, particularly among current Fabijoniškės residents and Vilnius natives familiar with the area's advantages.

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I already feel great interest in "Jaunatis" – within the first week of sales, almost half of the apartments were reserved. Current Fabijoniškės residents and Vilnius natives who grew up here are particularly interested in the project, as they best understand the advantages of this location. We have no doubt that families looking for their first home, young people, or investors who see the advantages of the university neighborhood will discover the project.