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.

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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