Nordicum - Real Estate Annual Finland 2013 - Page 27

the making of a compact urban workplace, service and residential area can begin in earnest. At its core, Central Pasila will feature ambitious high-rise construction. “There are plans for altogether ten towers in the area,” says Project Director Nina Puumalainen from the City of Helsinki. “The towers will feature both offices and residential space,” she adds while mentioning that hybrid buildings are what the City would prefer to have in this setting, but other kinds of solutions can be deployed as well. The area with the towers is going through the zoning process, with a green light expected to be given in 2014. Business Power Hub With the towers as its proud symbol, Central Pasila is expected to feature 10,000 jobs and 4,000 residents by 2030. Especially enterprise and business development players are likely to keep flocking to the area, as they have done in the past. Furthermore, there is a cluster of national and commercial broadcasting media as well as digital content and services producers here. In addition, the Pasila Fair Centre is also strongly expanding. Following on the heels of the tower area, there are the Pasila centre district and rail yard districts which are expected to have gone through the zoning process by 2015 and 2016, respectively. “For example, the plan for Centre Dis- Multispace facility and a true work of art utilising light: Silo 468 is the luminous herald for the coming construction of Kruunuvuorenranta. trict calls for offices and commercial premises to take up to 80% of the space with the remainder being designated for residential use.” The rail yard districts will offer most housing opportunities, with as much as 80 % of space used for residential purposes. Lock on Location According to Puumalainen, companies are very excited about Pasila – in fact, it is among the few places in the metropolitan area where you don’t have to consider, whether the location is good or not. “In a commercial sense or from office viewpoint, Pasil