Nordicum - Real Estate Annual Finland 2018 - Page 34

AINOA Aims High Metro gives boost to Tapiola’s redevelopment in Espoo T apiola is known as the iconic “Gar- den City” of Espoo. The heart of the community is the Tapiola Centre which dates back as far as the 1950s and 1960s. However, for the longest time, the owners in the Tapiola Centre were reluctant to do much in the neighbourhood, since it would mean considerable investments. Then the decision was made by the City of Espoo to build the western metro line, with Tapiola as a key sta- tion. Metro promised fresh momentum for the revitalisation project and one of the local owners, LocalTapiola, really took the lead. Soon enough, LocalTapiola was mak- ing significant investments in the Tapiola Centre. In