Pētersalas Street 3 and Pētersalas Street 5 land plots are situated within the perimeter building area of Riga's historical center and its designated protection zone. The development proposal embraces a modern approach while honoring the cultural and historical significance of the buildings at Pētersalas Street 3 and Pētersalas Street 5, which date back to the late 19th and early 20th centuries.