In the Ülejõe district of Tartu, there is the Yeast Factory quarter. This place will now become a residential and business area. The city government has issued a construction permit for this purpose.
The real estate developer Livida Grupp purchased this area in 2023. Now they plan to build apartments and business premises there. The company's director Kaarel Kiidron said that work may begin next year.
In the Yeast Factory quarter, there are old buildings that will be preserved. For example, the facade and the old spirit warehouse. These are important to local residents.
The Yeast Factory is an old building constructed in 1883. Currently, it is in poor condition. City architect Jiri Tintera said that the dilapidated building may be dangerous.
The new development will help make the city center more dense. This means people can live close to the city center. They won't need to drive far.
Livida Grupp bought this location because it is special. There aren't many such places in downtown Tartu. The project will contribute to the city's development.