Finland-based construction and building company YIT has emerged as a winner of the Helsinki High-rise Design-Build Competition for a development project in Pasila, Helsinki.

Finnish Government organisation Senate Properties and the City of Helsinki collaboratively organised the Helsinki High-rise competition to design and develop the Pasila Tower Area and find an implementer for the Start-Up Area.

The Tower Area will be established in the Start-Up Area, with construction expected to commence during 2020 and 2021. YIT will now sign a contract to acquire the project’s launch area.

YIT’s proposal ‘Trigoni’ features nine tower buildings on the south of Pasila Bridge, of which two towers in the Start-Up Area will have 51 and 40 storeys respectively. The value of the area is around €500m.

“The aim of Central Pasila construction is to improve the competitiveness of Helsinki and the entire Helsinki metropolitan area.”

Senate Properties CEO Jari Sarjo said: “The excellent result of the Helsinki High-rise Competition shows once again the strength of sincere co-operation between the City of Helsinki, the Finnish State and private companies.

“The aim of Central Pasila construction is to improve the competitiveness of Helsinki and the entire Helsinki metropolitan area.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“Its location, near to the Helsinki central business district, is not only a major public transport crossroads but also a direct connection with the Helsinki Airport, creating optimal conditions.”

In addition, the Start-Up Area can have 67,000m² of floor area comprising commercial premises, office spaces and homes.

The complete Tower Area comprises 150,000m² to 200,000m² of floor area featuring residential, commercial and office premises.