Merko Ehitus subsidiary launches seventh stage of Lahekalda apartments, adding 50 units to Tallinn housing supply
Executive summary: OÜ Merko Kodud started construction of the seventh stage of the Lahekalda apartments project in Tallinn, comprising a residential building with 50 units. The addition increases Tallinn’s housing stock and indicates continued developer activity in the city’s residential sector, supporting urban growth and related industries.
Who is involved: OÜ Merko Kodud (AS Merko Ehitus group), Tallinn city authorities, future residents, and construction contractors.
Likely next: Construction is expected to finish in autumn 2027; further stages may be announced after project review in early 2027.
OÜ Merko Kodud, part of the AS Merko Ehitus group, has begun construction of the seventh stage of the Lahekalda residential development on Tallinn’s Maarjamäe limestone cliff. The new stage will deliver a building with 50 apartments, with completion slated for autumn 2027. This move continues the group’s incremental rollout of the Lahekalda project, which has previously delivered six stages of housing in the same area. The launch signals sustained demand for new residential units in Tallinn and reflects ongoing confidence in the Estonian property market.
Timeline
- — Launch of seventh stage of Lahekalda apartments development project (Tallinn, Estonia) (GlobeNewswire)
Analysis — what this means
Likely next events
- Construction completion expected Q3 2027 (autumn 2027)
- Project review and potential announcement of an eighth stage slated for Q1 2027
Sectors affected
- residential real estate
- construction
- Tallinn housing market
Regulatory implications
- Must adhere to Estonian building code and obtain Tallinn city planning permits for construction on limestone cliff
Historical parallels
- Liven AS acquired development properties in Tallinn city centre on 2026-07-10, indicating ongoing developer interest in Tallinn’s land bank
Key entities
Sources
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