The general objective of the project is revitalisation of Skanstes degraded territory by promoting environmentally friendly and sustainable development of the economic potential of the territory and the creation of new workplaces.The specific objective of the project is the construction of new streets with engineering communications beneath them, creating a well-connected neighborhood with other parts of the city, with regional/nationalal importance to the street, also the street of the street; the street of the street will also be carried out within the framework of the street.The design will be carried out within the framework of a balanced project with high-class offices and workplaces, the street of the street will be carried out; The street works will be carried out. 2) Created at least 130 new jobs and renovated degraded area of at least 19 ha, as well as attracted private investment of at least EUR 10 261 699.00. It should be noted that the result indicator – attracted private investments have already been achieved (in 2016 and in the area supported in 2017 amounting to EUR 10 261 699.00);The total project budget is EUR 19 525 808.80, of which ERDF funding following decision of the RD City Development Committee of 29.05.2019 (Protocol No 33) SAM 5.6.2 is reallocated from project “Revision of Riga Central Market – rebuilding of underground cellars to promote entrepreneurship”, is EUR 7 932 727.00.