YIT to build a second complex close to the front slopes of Levi Ski Resort

YIT Corporation Press Release 6 May 2024 at 11:30 a.m.

YIT Levi Lingonberry
YIT Levi Lingonberry

YIT has signed a contract with Cloudberry Development Oy on a real estate complex to be built as a project management contract close to the front slopes of Levi Ski Resort. The scope of the second construction phase of Icy Hot Chalet Levi ski-in/ski-out holiday apartments, called KKoy Levi Lingonberry, is roughly 6,200 gross square metres. The parties have agreed not to disclose the value of the transaction.

The project consists of 41 chalet apartments, a semi-detached house, a parking hall and a commercial premises unit. The property will also have storage space for residents’ use as well as premises for ski storage and maintenance. The elegant apartments range from 55.5 to 175.5 square metres in size. The second construction phase is closely linked with the first phase, following the same architectural style. The facade cladding is made of ecological, maintenance-free and durable heat-treated timber. The holiday apartments will be styled in thought-out luxury with large windows opening up to spectacular landscapes.

“It is a pleasure and an honour to be able to work on such a project in the fells of Lapland. In good cooperation with the project partners, we have developed a special and interesting entity that complements the properties of the first phase," said Pekka Taskila, Project Manager of the project at YIT.

The work has been started and the project is expected to be completed in the autumn of 2025.

Cloudberry Development Oy is a developer company founded by the investment company Kusinkapital Ab and Tabene Oy. The companies have designed and built several demanding high-quality projects in the central Levi area. The main designer of the project is Arkkitehtitoimisto DC3 Design & Consulting Oy. Sweco Finland Ltd is responsible for architectural and technical building systems design and WSP Finland Ltd for structural design.

Read more:
YIT to build a Chalet complex close to the front slopes of Levi Ski Resort | YITgroup.com 
More about the chalet apartments | Icy Hot Levi (in Finnish)

Further information:
Marko Palonen, regional manager, YIT, tel. +358 (0)50 583 9472, marko.palonen@yit.fi
Tommi Salonen, project director, Cloudberry Development Ltd., tel. +358 (0)40 513 4727
YIT’s Corporate Communications, tel. +358 44 743 7536, press@yit.fi

YIT is a leading construction and development company. Building on over 110 years of experience, we develop and build sustainable living environments: functional homes, future-proof public and commercial buildings, and infrastructure to support the green transition. We employ approximately 4,300 professionals in eight countries. Our revenue in 2023 was EUR 2.2 billion. YIT Corporation's shares are listed on Nasdaq Helsinki.

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