Nordicum - Real Estate Annual Finland 2016 | Page 54

Going Strong Riding favourable winds, Turku is poised to capitalise on emerging opportunities Sigge Architects Harpoon Quarters, conceptual drawing. Just a couple of years ago, this story could have been written out very differently. The Turku shipyard was in trouble, threatening to drag the first capital of Finland with it into murky depths of the Baltic Sea – or so it seemed. As the ownership of the shipyard – the maker of the world’s greatest cruise ships – passed hands from Koreans to Germans in August 2014, the whole local marine industry was re-energised in a matter of months. O ver the summer 2015 alone, there were four cruise ship orders made to the Turku shipyard – now called Meyer Turku – filling up order books for rest of the decade. The same spirit is apparent all around the city as a ‘can-do’ mentality is taking root in the community. There’s talk of, for example, forming public-private partnerships and performance contracting in order to launch a light rail in the city; to realise cutting-edge smart grid systems; to take regional traffic management to another level. Encouraged by recent success, Turku is now seeking to create cross-over initiatives that benefit the entire community. Cross-over Appeal Jouko Turto, Director of Turku Municipal Property Corporation, notes that the City is trying to get away from conventional silo mentality since most promising ideas usually cut across several themes. “What we are seeing here, more and more, is proof that networks do work, when they are created and maintained in a smart 52 Nordicum manner. Nobody can do everything all by themselves, but when we embrace collaboration, great things can happen,” Turto sums up H