YIT to deliver €400m urban development project in Finland

WCN Editorial Team 3 Dec 2018 EUROPE BUILDINGS

Finnish construction firm YIT has been selected as the construction and development partner for Garden Helsinki, an urban development project in Finland.

The €400m Garden Helsinki is a property development project for Nordenskiöldinkatu in Helsinki’s Töölö district and will have a total extent of approximately 120,000m².

The new block, which will combine housing, entertainment and sports facilities, will create nearly 1,000 new permanent jobs in Helsinki.

It will combine housing and recreational facilities inside the block and in its garden-like outdoor space and will host events and also provide sports and restaurant services.

The block will include open public space that is expected to add new life into the urban environment.

Garden Helsinki will be a combination of everyday meetings and special events related to sports and recreation, along with the services that support these and sustainable housing in a central location close to the heart of Helsinki.

The privately funded project is expected to have a significant positive impact on the lives of the local residents and on Helsinki’s finances.

The project will also generate some €100m in revenue for the city during the construction phase and provide jobs for approximately 3,500 people.

Garden Helsinki will be mostly built underground, including a sports and event arena that meets international standards.

The structures that will be above ground will primarily comprise business premises, hotel facilities and apartments.

Tuomas Silvennoinen from PES Architects and Tuomas Seppänen from B&M Architects have designed the Garden Helsinki.

The City of Helsinki’s urban environment committee will discuss the project, from where it will be sent to the City Council and the City Board.

The plans include a modern event arena, along with a range of related services as well as everyday services for use by local residents.

Garden Helsinki represents a 2020s property concept that will use latest technology and service design to provide its daily users with service experiences.

______________________________________________________________________________________

Image: Helsinki Garden north entrance. Photo: Courtesy of YIT Corporation.

With 11 websites and newsletters covering all the key areas within the construction industry, World Construction Industry Network is the leading global construction information resource. READ ABOUT US
PRIVACY POLICY

STAY IN TOUCH!

LATEST TWEETS

World Construction Network | www.worldconstructionnetwork.com is a product of GlobalData. Copyright © 2020 GlobalData. All rights reserved.