Mikalojaus žiedas will be a new, modern apartment building in Vilnius Old Town, located at the crossroads of Žemaitijos and Šiaulių streets. The building is situated in one of the cosiest places of Vilnius Old Town. It is a quiet area, while at the same time, it is near the main streets of Trakų and Vokiečių. Additionally, it is close to cultural centres of the Philharmonic and Contemporary Art Centre. Notably, it is a short distance to the well known Lithuanian landmark  - Gates of Dawn.