Northtown participation in the creation and development of VCIIP
Government of the Republic of Lithuania Resolution no. 321 “On Integrated Science, Studies and Business Centres (Valleys) development and approval of the concept”, which highlighted the need to encourage research and educational institutions to cooperate with the private sector.
A vision of territorial development has been prepared.
Northtown, together with the participants in the implementation of the Integrated Science, Studies and Business Centre (Valley) “Sauletekis” program, signed a protocol of intent to include the territory in the program.
By order of the Government of the Republic of Lithuania no. 464 territory was included in the program “Sauletekis” of the Integrated Science, Studies and Business Centre (Valley); a separate measure “2.2 Creating Vismaliuku Investment Innovation Area” for the installation of “greenfield” engineering networks and communications, which has been implemented by Northtown.
Northtown and its partners have implemented the project “Preparing the Infrastructure of the Vismaliukai Investment Innovation Zone (VIZI) for Territorial Creation and Development Phase I”—construction and connection of external engineering networks and communications, electrification and gasification services, construction of sewage, water supply, telecommunication, pipeline and electrical engineering networks to the territory, reconstruction of Vismaliukai Street pavement: wider street, pavement, street lighting from area to public transport stop.
Northtown and its partners have implemented the project “Preparing the Infrastructure of the Vismaliukai Investment Innovation Zone (VIZI) for Territorial Creation and Development Phase II”—the detailed plan of the territory has been corrected. Geological exploration and an engineering topographic plan have been prepared; streets with engineering networks have been built in the territory; the environment has been cleaned; the structures of emergency conditions and other objects within the red lines of the streets have been demolished.
By the Government of the Republic of Lithuania no. 1411 the territory has been granted the status of an economic project of national importance. Northtown, together with a partner, were appointed responsible for the development of the territory until the end of 2022.
Northtown and its partner have concluded Government Decree No. 1411 implementation agreement with the Government of the Republic of Lithuania
For the purposes of territorial development, the Government of the Republic of Lithuania initiated the establishment of an industrial park and on 24th of January, by Decree no. 98, it established the boundaries of the territory of Vilnius City Innovation Industrial Park located in the territory
Northtown has prepared a development plan for Vilnius City Innovation Industrial Park
The Minister of Economy and Innovation of the Republic of Lithuania on 14th of March 14, 2018 by Order no. 4-142 approved the development plan of Vilnius City Innovation Industrial Park
Vilnius City Council, on 18 April 2018, by Decision No. 1-1477, established Vilnius Innovation Industrial Park, and determined that it will operate up to 31December 2066. It appointed Northtown as the Vilnius Innovation Industrial Park operator.
Northtown and the National Land Service, under the Ministry of Agriculture, have concluded state land lease agreements that have leased state land plots at Vismaliukai str. 34 and Miskadvario str. 6 until 31 December 2066 with the possibility to sublease their shares to investors.
Northtown and Vilnius City Municipality Council signed an operating agreement in Vilnius City Innovation Industrial Park.