Nordicum - Real Estate Annual Finland 2018 - Page 20

Helsinki Reigns Supreme Helsinki is one of the fastest growing cities in Europe, with many of the continent’s biggest urban development projects currently underway. The City has an ambitious “reclaim the shores” agenda which calls for the redevelopment of former industrial areas along the shorelines – and the results, so far, are quite promising. F urthermore, the Helsinki Metropoli- tan Region is known as a world-class hub of the knowledge-based economy. For example, Helsinki is a pioneer in ‘Smart Government’, supporting the advancement of Open Data and the local start-up scene in a major way. In fact, Helsinki was one of the first cities in the world to realise that the default setting for all public information should be: open. This is highly relevant since the City of Helsinki has 800+ information systems which produce vast amounts of data on the annual level. Local developers are readily using that data to create services which have the power to effect great change in society. Stay Mobile The business opportunities are considera- ble, too, as Helsinki has witnessed an emer- gence of a remarkable startup ecosystem in the city. In addition to local data prowess, the entrepreneurial community also benefits from “we’re all in the same boat” mentality; the Helsinki business scene speaks volumes about the power of networks. Studies agree that Helsinki is decid- edly entrepreneurially-minded: the city was ranked third (behind only New York and London) in the global CITIE Index 2015 which studied governmental support of entrepreneurs among cities. Helsinki has a reputation as the ”pocket- sized metropolis”: not too big, not too small, just right. Helsinki is all about human-scale. Public transportation is world-class, and receives a significant boost from digitali- sation: for example, the tram stops feature e-infoboards and the prize-winning route app Reittiopas gets you connected in a flash. A stunning majority of Helsinki citi- zens (89%!) are very satisfied with the Hel- sinki Metropolitan Area public transporta- tion system. The city has also placed spec- tacularly well in the international compari- sons regarding public transportation. Other 20 Nordicum Start Me Up