YIT has bought two plots in Tapiola, Espoo

YIT has bought two plots from LähiTapiola, located in Tapiola, Espoo, in the immediate vicinity of the shopping mall AINOA and the Tuultenristi area development project, at Itätuulenkuja 6 and 8.

Two projects are planned for the plots, with a total permitted building area of approximately 11,000 floor square metres. A total of about 150 apartments and a couple of commercial premises will be built in the area.

The planning of the projects has started and the next step is to apply for building permits for the projects. The aim is to start the construction before the end of the year.

“The Tapiola area, which has become a classic, is currently being updated and we are happy to be part of this development. The plots we bought are in a top location, with excellent transport connections and services nearby. The Tuultenristi apartments have been very sought after, which goes to show the attractiveness of Tapiola's urban centre,” says Esa Turkka, Vice President at YIT.

Read more:
https://www.yit.fi/en/tuultenristi
Helsingin Seudun Osuuspankki the main tenant of the Tuultenristi office building in Tapiola, Espoo
Art by Ilona Partanen adorns the site fence of Tuultenristi in Tapiola

For further information, please contact:
Esa Turkka, Vice President, Housing Finland and CEE segment, YIT Finland Ltd, tel. +358 40 551 5945, esa.turkka@yit.fi
Johanna Savolainen, Communications Manager, YIT Corporation, tel. +358 (0)44 305 4594, johanna.savolainen@yit.fi
 

YIT is the largest Finnish and a significant North European development and construction company. For 110 years, we have created 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 7,000 professionals in ten countries: Finland, Russia, Sweden, Norway, Estonia, Latvia, Lithuania, the Czech Republic, Slovakia and Poland. Our revenue in 2021 was EUR 2.9 billion. YIT Corporation’s share is listed on Nasdaq Helsinki Oy. www.yitgroup.com