Nordicum - Real Estate Annual Finland 2015 - Page 32

Photo: ALA Architects Cleared for Launch “Innovation Triangle” of Tapiola, Otaniemi and Keilaniemi is poised to take Espoo – and Finland – to a whole new level Next year, the western metro expansion will take connectivity in the capital region to a whole new level. The largest infrastructure project in Finland will introduce eight new stations, of which six are located in Espoo. The entire Western Metro line will transport more than 100,000 people every day – which means that Espoo is building its urban structure in line with the key principles of sustainable development. P erhaps the most noteworthy neighbourhood along the rails is the area of Tapiola, Otaniemi and Keilaniemi – known as “The Innovation Triangle”. Northern Europe’s largest innovation hub is the place where science, culture and business create new synergies in accordance to the City strategy. The profile of the area will be strengthened by the tallest residential and office buildings in Finland, tunneled main roads, a renewed culture and shopping district as well as a new university village for students, researchers and entrepreneurs. Espoo Edge But what is it about the Innovation Triangle that makes it such a phenomenon both nationally and internationally? Well, first of 30 Nordicum all you have to take into account the role Espoo as a real champion of innovation and economic growth. Besides being the second largest city in the country, Espoo’s ecosystem accounts for 50 % of the research and development value for all of Finland. Furthermore, Espoo companies are responsible for around 50% of the turnover in the Helsinki Stock Exchange. As part of the Helsinki Metropolitan Area, Espoo is a gateway between Europe, Russia and Asia. Therefore global headquarters of major Finnish companies and more than 430 international companies are located in Espoo. With Helsinki as its neighbour and ally – and Stockholm, St. Petersburg and Tallinn not too far away either – Espoo enjoys a great location. And, of course, Espoo has an innova- tion engine that not everybody can match. The trio of Otaniemi, Keilaniemi and Tapiola is also referred to as “innovation garden”, which is a nod to the Finns’ love of nature. Tapiola is the “original Garden City” which is now going through a beauty treatment. Reinventing Tapiola In keeping with the original spirit of the district, a new centre will be built in Tapiola – a bold solu [ۈX\