YIT has secured a contract with Ilmarinen Mutual Pension Insurance Company to revamp the property situated at Aleksanterinkatu 13 in Helsinki, Finland.
The value of the contract has not been disclosed by the companies.
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The contract covers around 12,000m2.
The renovation contract will be undertaken as a project management contract.
This contract will begin in October 2022, and is due to be completed in the spring of 2024.
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An application for LEED Gold certification will be submitted for the renovated building.
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By GlobalDataAleksanterinkatu 13 is claimed to be a high-value property in downtown Helsinki.
Constructed in 1900, the building was designed by architect Selim A. Lindqvist, and was previously known as Lundqvist commercial building.
The renovation contract includes the building’s shop premises being converted into modern business, office, and conference facilities.
Last week, YIT and Senate Properties signed a contract for the reconstruction and expansion of the Kuopio Courthouse.
Senate Properties manages the government properties of Finland.
The project began in July 2022 and is anticipated to complete in early 2024.
It will be implemented as a project management contract.
The construction cost is estimated at approximately €13m.
The Kuopio Courthouse project includes revamp of 1929-built property that is historically as well as scenically important and has a protected exterior.
This building was last used a tax office, and prior to that, it was used as a fire and police station.
Following the renovation, the building will meet modern indoor air and soundproofing requirements.
Additionally, an extension will be constructed in the courtyard of the courthouse. This extension will be linked with the old building.
The site will accommodate the district court, the bailiff’s office and the public prosecutor’s office in future.
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Image: Ilmarinen, Aleksanterinkatu 13. Credit: YIT Corporation.
