Nordicum - Real Estate Annual Finland 2016 | Page 31

Photo: Cederqvist & Jäntti Architects Ltd. gone strong growth in commercial and residential construction since 2001. The corporate world is keen on the area as well: hitech company Outotec built its head office right here – which makes perfect sense, since every fifth employee already lives either in Matinkylä or neighbouring Olari. There are still free plots available that are suitable for building office facilities within walking distance of the metro station. “Matinkylä is important in the sense that it provides a solid foundation for all sorts of activities. The area has a strong profile and it’s playing to its strengths, as it keeps on expanding,” assesses Deputy Mayor Olli Isotalo. A big part of the City’s plans is Länsiväylä (Main Road 51) which serves as an entry and exit artery in the Finnish metropolitan area. In fact, one of motivational factors behind the decision to build the metro was to ease the rush hour traffic on the motorway – with the advent of the metro, a good chunk of the office-bound traffic will go underground. In the future, Länsiväylä could also be covered by a deck at Matinkylä to enable more cohesive building and smoother services. Similar deck is in the cards for Leppävaara, as well. According to Markus Saari, deck construction would make the whole package more compact: “The deck would give us ways to renew the look of the area, probably including some green construction as well as residential buildings,” he says. Finnoo Gets Going The Last Shore Beyond Matinkylä, there is the seaside neighbourhood of Finnoo. From the Espoo’s point of view, Finnoo is very special, since it is the last remaining significant seaside area that is open for development. With outstanding connections and excellent location, expectations for Finnoo are high. Residential and mixed-use developments will be available for mid to large-scale developers and investors who value involvement in sustainable development. According to Mayor Jukka Mäkelä, the new Finnoo community will become a “sustainable, green maritime city of international standards” for all Espoo inhabitants. The City is also most eager to promote pedestrian and bicycle traffic, as well as energy efficiency and carbon neutral practices. Furthermore, the City is looking into a LEED or BREEAM certification for the area to make sure that no stone is left unturned in this quest for a green city. Project Director Kimmo Leivo is in charge of raising a community which could, ultimately, accommodate as many as 17,000 residents. The new metro station will be located in the area of the current water treatment plant and there are plans to build a high-rise centre by the metro station: the highest of these towers could reach 30 storeys, offering fantastic views. “Finnoo could feature as many as 10,000 apartments by 2040,” Leivo says, adding that most of the residential buildings would be ready by 2030. The new-and-improved Finnoo is also looking to fully utilise its access to the sea in the south. Presently, there is already an active boat harbour – while accommodating 1,100 boats, it is the largest of its kind in the metropolitan area – and the harbour concept will be fine-tuned, as well. The City is zoning a marina-type housing arrangement here, which means a highquality, vibrant area, with a fly-bridge cruise through channel surrounded by boardwalks with restaurants and cafés. There will even be an artificial island with condominiums. “We really want to make the Marina area into something which hasn’t been seen in Finland ever before,” Leivo says, adding that there’s a lot of purchasing power in the neighbourhood, which should go a long way in realising this “super shoreline”. Taking Charge Talking about the entire metro project, Olli Isotalo observes that the massive overtaking has hit the halfway mark: “We have five years behind us, and five in front of us, so in a way it’s a good time take stock of what we have accomplished so far,” Isotalo says, confident that the autumn launch of the metro will make Espoo mobile like never before. “We are solidifying the city structure and boosting connectivity at the same time – and will continue to do this for a long time to come,” he promises. O Nordicum 29