Babilonas
Encyclopedia
Babilonas is a privately developed district of retail, commercial, residential and public buildings in Panevėžys
Panevežys
Panevėžys see also other names, is the fifth largest city in Lithuania. As of 2008, it occupied 50 square kilometers with 113,653 inhabitants. The largest multifunctional arena in Panevėžys is the Cido Arena...

, Lithuania
Lithuania
Lithuania , officially the Republic of Lithuania is a country in Northern Europe, the biggest of the three Baltic states. It is situated along the southeastern shore of the Baltic Sea, whereby to the west lie Sweden and Denmark...

.

The district covers area of 80 ha and this is the largest such project in the Baltic States
Baltic states
The term Baltic states refers to the Baltic territories which gained independence from the Russian Empire in the wake of World War I: primarily the contiguous trio of Estonia, Latvia, Lithuania ; Finland also fell within the scope of the term after initially gaining independence in the 1920s.The...

.

Since year 2003 two general shopping malls, several specialized shopping malls, service businesses and shops were built. Residential buildings are under construction (3 residential districts are planned). Industrial and commercial land lots are available. Construction of public buildings, apartments and offices is planned.

The Project is developed by Ogmios group of companies

General shopping malls

  • Shopping and entertainment centre "Babilonas
    Babilonas (shopping mall)
    Babilonas is a shopping and entertainment mall in Panevėžys, Lithuania . It is a part of a wider Babilonas real estate development.-Shops and entertainment businesses:In the shopping mall there are:...

    " (various shops, restaurants, cinema Forum Cinemas Babilonas, entertainment zone, furniture hall).
  • Shopping and entertainment centre "Babilonas I" (various shops, restaurants) – in future it is planned to connect this shopping mall to shopping mall „Babilonas“.
  • "Maxima
    Maxima supermarket
    "Maxima" is a retail chain operating in Lithuania, Latvia, Estonia, and Bulgaria and it is the largest Lithuanian capital company and the largest employer in the Baltic States. "Maxima Group" has 444 stores in Lithuania, Latvia, Estonia and Bulgaria. Depending on the size of the "Maxima" stores,...

    " and "Ermitažas" (project).

Specialized shopping malls, service centers and shops

  • Supermarket PROMO Cash & Carry (Cash and carry
    Cash and carry
    Cash and carry may refer to:*Cash and Carry , the first network-televised game show*Cash and carry , a revision of the Neutrality Acts, designed to aid the British...

    ).
  • “Bauhof” (DIY store).
  • KONE Kesko (agricultural, construction technics and services).
  • Technical service centre.
  • Automobile shop and service "Sostena" (Volvo
    Volvo
    AB Volvo is a Swedish builder of commercial vehicles, including trucks, buses and construction equipment. Volvo also supplies marine and industrial drive systems, aerospace components and financial services...

    , Renault
    Renault
    Renault S.A. is a French automaker producing cars, vans, and in the past, autorail vehicles, trucks, tractors, vans and also buses/coaches. Its alliance with Nissan makes it the world's third largest automaker...

    ).
  • PKN Orlen
    PKN Orlen
    PKN Orlen is a major European oil refiner, and petrol retailer. The company is Poland's and Central Europe's largest publicly traded firm with major operations in Poland, Czech Republic, Germany, and the Baltic States...

     petrol station (project).

Residential buildings

  • Area of detached homes "Babilono dvaras" (under construction).
  • Settlement "Alanta" (project).
  • Babilonas residential area (project).

History

Babilonas project development started in 2003. The name “Babilonas” (Lithuanian
Lithuanian language
Lithuanian is the official state language of Lithuania and is recognized as one of the official languages of the European Union. There are about 2.96 million native Lithuanian speakers in Lithuania and about 170,000 abroad. Lithuanian is a Baltic language, closely related to Latvian, although they...

 for Babylon
Babylon
Babylon was an Akkadian city-state of ancient Mesopotamia, the remains of which are found in present-day Al Hillah, Babil Province, Iraq, about 85 kilometers south of Baghdad...

) was chosen as it is used to describe a large city full of different nations and cultures, and of thriving commerce.

In 2005 shopping mall Babilonas I was opened. In 2007 – shopping mall Babilonas
Babilonas (shopping mall)
Babilonas is a shopping and entertainment mall in Panevėžys, Lithuania . It is a part of a wider Babilonas real estate development.-Shops and entertainment businesses:In the shopping mall there are:...

. These are the largest shopping malls in the northwestern Lithuania
Lithuania
Lithuania , officially the Republic of Lithuania is a country in Northern Europe, the biggest of the three Baltic states. It is situated along the southeastern shore of the Baltic Sea, whereby to the west lie Sweden and Denmark...

 (Aukštaitija
Aukštaitija
Aukštaitija is the name of one of five ethnographic regions of Lithuania. The name comes from the relatively high elevation of the region, particularly the eastern parts.-Geography:...

). In 2008 shopping mall Babilonas was extended by a cinema and several new shops.

In years 2006 – 2008 shopping centers „Bauhof“, „PROMO Cash & Carry” were built together with the Technical service center, KESKO
Kesko
Kesko is a Finnish retailing conglomerate. It is engaged in the food trade, the home and specialty goods trade, the building and home improvement trade, and the car and machinery trade...

 agricultural center and automobile shop and service “Sostena”.

In 2005 the publishing of newspaper Babilonas
Babilonas (newspaper)
Babilonas is a regional newspaper of Panevėžys, Lithuania. It is published once every three weeks and distributed free of charge. Circulation is 30 thousand. This makes Babilonas the largest among regional newspapers in northeastern Lithuania.The newspaper is owned by the Ogmios group of companies...

 began. The idea of this newspaper is to publish only positive informatikon (news of disasters and crimes are not printed). Here the Babilonas projects are also advertised. Currently (2010) the newspaper is published once every three weeks and is distributed free of charge. Its circulation (as of 2010 September) is 30 thousand (the largest among regional newspapers in Panevėžys).

In 2007 Babilonas was awarded the title of "Best multifunctional complex" by the Lithuanian Real Estate Development Association.

Some Babilonas projects were cancelled or postponed due to the 2008 financial cirsis. For example, previously a construction of two skyscrapers for office and residential use was planned. However Babilonas is still being developed. Construction of a detached private home community Babilono dvaras started in 2010.

Development

The developers of Babilonas acquired land lots in western part of Panevėžys from various owners. Here the developers constructed infrastructure (roads, plumbing, electricity supply) and created a Project for new district of the city.
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