Nordicum - Real Estate Annual Finland 2011 | Page 33

Of course, the view to the neighbouring Tapiola and Otaniemi should be something to see – but they still pale in comparison to the sea view. Pöyhönen and Poutiainen comment that the towers will provide seaside views which are unprecedented in the country – and just about anywhere in Scandinavia, as well. After years of working with the concept, the zoning plan will become public in the spring. The City of Espoo is backing the venture, believing that it will help bring some new action into the neighbourhood. Technical Deputy Mayor Olavi Louko comments that residential seaside living of such high standards is a clear asset to the area – and the entire City, as well. “The metro station and the residential buildings will introduce a new level of diversity into the area.” Big Plans for Niittykumpu Beyond the high-powered triangle of Keilaniemi-OtaniemiTapiola, one finds Niittykumpu area which will also house a metro station in the years to come. Originally, Niittykumpu received only an option for construction, but in the end it was deemed wiser to realise the station together with the others. There are presently automobile retail operations in the area, but they will be relocated to new, suitable premises. Together with its partners Varma and Sato, SRV wants to plan and raise new residential buildings in the vacant area. The initial plan calls for a construction of 150,000 square metres. “We’re talking about 2,000 apartments in the area,” says Poutiainen, adding that construction could conceivably start in 2013, if everything goes well. According to Poutiainen, also the street infrastructure will be improved in the development process: “The street network is really a crucial part of the project.” Perkkaa Perks SRV is busy elsewhere in Espoo as well – just off the Leppävaara railway station, there is an interesting environmentally-minded community being planned. In October 2010, Siemens sold the lots and the building it owns in Espoo’s Perkkaa suburb to a three-way partnership of SRV, Sato and Ilmarinen. The zoning revision for the area is already in process, with the aim to form new blocks for top-notch residential buildings. In the future, the area should be transformed into yet another neighbourhood where living, recreation and jobs are located close to each other. The intended living floor area is 110,000–120,000 square meters, which translates into some 1,500 apartments. The planning of the area is driven by its central location as an extension of the Leppävaara urban center – as well as energy efficiency. The Perkkaa area is a great fit for SRV’s residential strategy, says Poutiainen. Make the Connection The plan also includes a deck that will span over Ring I, connecting the residential site to Tapiola. The deck will be transformed into a green, garden-