Nordicum - Real Estate Annual Finland 2013 - Page 40

New era for Tapiola Centre Tapiola Centre, the cultural and commercial heart in the City of Espoo, is on the brink of a new era. Along with the new metroline and forthcoming underground bus terminal, the Tapiola Centre area is expected to become the main regional public transportation hub in Espoo and one of the biggest in the Helsinki Metropolitan Area. N ew commercial and residential developments as well as the revitalisation of current properties will make the Tapiola Centre an urban space with comprehensive commercial and public services and vibrant living environment. The new developments will emerge in several phases; some of the new residential and commercial properties are already under construction and the new metroline, as well as the underground bus terminal, are expected to be completed by the end of 2015. Great Expectations One of the key corporate players in the Finnish real estate field, LocalTapiola Group, is keen on developing commercial premises on 38 Nordicum Merituulentie street area at Tapiola business district. Vesa Immonen, Managing Director of LocalTapiola Real Estate Asset Management Ltd., is expecting big things from the future: “The Tapiola Centre keeps developing intensely in terms of its commercial and communal services, traffic conditions and living environments,” says Immonen. LocalTapiola Group is also one of the most significant property owners in the area and remains f [H