The City of Helsinki has selected YIT as the developer of the Kamppi Health and Well-being Centre

YIT Corporation Investor News 1 July 2022 at 6:30 p.m.

The City of Helsinki has selected YIT as the developer of the Kamppi Health and Well-being Centre. The project will start with a development phase and will be implemented as a cooperative project management contract. The estimated total value of the construction project is EUR 77 million, which may be revised as the development phase progresses. The development phase project will be included in the order book during the third quarter of 2022 after the two week long appeal period. The project encompasses approximately 18,000 gross square metres. 

The planning of the development phase will begin in September 2022 and is estimated to be completed by the end of February 2023. At the end of the development phase, a decision will be taken to move to the implementation phase, which will last approximately four years. 

The Kamppi Health and Well-being Centre will be built in the street and market area bordered by Runeberginkatu, Fredrikinkatu, Kampinkuja and Salomonkatu where the ticket hall of the Kamppi metro station is currently located. The street level of the new building will feature commercial premises as well as the reception area for the health centre. Floors 2–8 will have premises of the Health and Well-being Centre with technical facilities. The property will also have two basement levels and and an underground entrance and loading area for service traffic. The project will also include the demolition of the west entrance to the Kamppi metro station and the ticket hall and the renovation of the entrance. The street areas will also be improved in the area around the project. 

The light-coloured and architecturally unique and impressive building will alter the streetscape of the Kamppi area. The exterior surface is designed with ceramic plank. The project will offer residents of south Helsinki easy-to-reach, diverse, modern and competitive public social and health care services. 

The project will aim for four stars in the RTS environmental classification. The design focuses on the maintainability, serviceability and life-cycle sustainability of the building. The facilities will be made flexible for alterations to serve future needs as well.  

The client of the project is KOy Helsingin Toimitilat Oy and the competent representative is Kaupunkiympäristö Tilat palvelut. Rapp Valvontakonsultit is the construction consultant, the project’s main design will be carried out by PES-Architects with structural design by Ramboll, building systems design by Granlund and solutions such as geotechnical, traffic and street design by Sitowise.  

For further information, please contact: 
Tommi Järvenpää, Vice President, Investor Relations, YIT, tel. +358 (0)40 576 0288, 
Tom Ekman, EVP, Business Premises segment, YIT, media inquiries through Group Communications, tel. +358 (0)44 743 7536, 

YIT Corporation 

Tommi Järvenpää 

Vice President, Investor Relations 

Distribution: Nasdaq Helsinki, major media, 

YIT is the largest Finnish and a significant North European development and construction company. For 110 years, we have been creating better living environments for our customers: we develop and build functional homes for sustainable living, future-proof public and commercial buildings, and infrastructure for smoother flow of people, businesses and society. We employ 5,500 professionals in nine countries: Finland, Sweden, Norway, Estonia, Latvia, Lithuania, the Czech Republic, Slovakia and Poland. Our revenue in 2021 was EUR 2.7 billion. YIT Corporation’s share is listed on Nasdaq Helsinki Oy.