{"id":15173,"date":"2026-09-21T09:52:15","date_gmt":"2026-09-21T06:52:15","guid":{"rendered":"https:\/\/scandium.ee\/?p=15173"},"modified":"2026-09-21T09:52:15","modified_gmt":"2026-09-21T06:52:15","slug":"marienholm-becomes-one-of-estonias-most-awarded-real-estate-developments-project-wins-its-third-prestigious-award","status":"publish","type":"post","link":"https:\/\/scandium.ee\/en\/marienholm-becomes-one-of-estonias-most-awarded-real-estate-developments-project-wins-its-third-prestigious-award\/","title":{"rendered":"Marienholm Becomes One of Estonia\u2019s Most Awarded Real Estate Developments \u2013 Project Wins Its Third Prestigious Award"},"content":{"rendered":"<p class=\"isSelectedEnd\">Marienholm, the seaside residential development in Haapsalu, has received its third major recognition in less than a year. Most recently, the project was named a winner at the international Luxury Lifestyle Awards in the category <strong>Best Luxury Urban Regeneration Development in Estonia 2026<\/strong>, recognising outstanding projects that have successfully brought new life to previously unused or underutilised urban areas.<\/p>\n<p class=\"isSelectedEnd\">The international recognition follows two earlier awards. At the end of 2025, Marienholm was named <strong>L\u00e4\u00e4nemaa\u2019s Most Ambitious Enterprise<\/strong> at the county\u2019s annual business awards, recognising the project\u2019s impact on regional development and the ambition behind one of the largest real estate developments in Haapsalu\u2019s history. In spring 2026, Marienholm also received the <strong>Hans Alver Architecture Award<\/strong>, which recognises outstanding architectural solutions in Haapsalu.<\/p>\n<p class=\"isSelectedEnd\">Marienholm is being developed on a historic peninsula in Haapsalu that remained closed to the public for decades. The aim of the development has been to transform the former industrial and harbour area into a comprehensive seaside urban environment combining contemporary architecture, public space and a high-quality residential setting. The total investment in the project amounts to approximately \u20ac60 million, making it one of the largest private investments in L\u00e4\u00e4nemaa over the past century.<\/p>\n<p class=\"isSelectedEnd\">According to Maido L\u00fciste, Member of the Management Board of Scandium Kinnisvara, the significance of these awards lies above all in the fact that they represent very different perspectives.<\/p>\n<p class=\"isSelectedEnd\">\u201cWhen a single project receives recognition from the business community, architecture professionals and international real estate experts alike, it shows that this is about much more than a successfully sold development. It is recognition of the entire vision \u2013 of how to create a place that improves both the urban environment and people\u2019s everyday quality of life,\u201d said L\u00fciste.<\/p>\n<p class=\"isSelectedEnd\">The first phase of Marienholm was completed in 2025 and comprises five residential buildings with a total of 50 apartments. Most of the homes have already found owners. This summer, Scandium will begin construction of the second phase of the development, bringing another building with 25 seaside apartments to the peninsula. The second phase is scheduled for completion in autumn 2027.<\/p>\n<p class=\"isSelectedEnd\">Marienholm\u2019s success is also significant in the broader context of Estonia\u2019s real estate sector. In recent years, the greatest attention has largely been focused on major developments in Tallinn and Tartu, but the project realised in Haapsalu demonstrates that developments with high architectural quality and a strong vision can shape the development of an entire region beyond Estonia\u2019s largest urban centres.<\/p>\n<p class=\"isSelectedEnd\"><strong>Marienholm\u2019s awards:<\/strong><\/p>\n<p>Luxury Lifestyle Awards 2026 \u2013 Best Luxury Urban Regeneration Development<br \/>\nHans Alver Architecture Award 2026<br \/>\nL\u00e4\u00e4nemaa\u2019s Most Ambitious Enterprise 2025<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marienholm, the seaside residential development in Haapsalu, has received its third major recognition in less than a year.<\/p>\n","protected":false},"author":19,"featured_media":14800,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[82],"tags":[],"class_list":["post-15173","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-developments"],"acf":[],"_links":{"self":[{"href":"https:\/\/scandium.ee\/en\/wp-json\/wp\/v2\/posts\/15173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/scandium.ee\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/scandium.ee\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/scandium.ee\/en\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/scandium.ee\/en\/wp-json\/wp\/v2\/comments?post=15173"}],"version-history":[{"count":1,"href":"https:\/\/scandium.ee\/en\/wp-json\/wp\/v2\/posts\/15173\/revisions"}],"predecessor-version":[{"id":15174,"href":"https:\/\/scandium.ee\/en\/wp-json\/wp\/v2\/posts\/15173\/revisions\/15174"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/scandium.ee\/en\/wp-json\/wp\/v2\/media\/14800"}],"wp:attachment":[{"href":"https:\/\/scandium.ee\/en\/wp-json\/wp\/v2\/media?parent=15173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/scandium.ee\/en\/wp-json\/wp\/v2\/categories?post=15173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/scandium.ee\/en\/wp-json\/wp\/v2\/tags?post=15173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}