Construction work starts on Europe’s tallest wooden office building

 

Finnforest acts both as developer and as supplier of wood structures and component parts.

Finnforest’s Modular Office project is going ahead on schedule, and work started on the groundwork and laying the foundations 10.6.2004. Finnforest Corporation is responsible for the supply and installation of the wood structures, components and cladding, and for the functionality of the whole building. The building was designed by Helin & Co Architects, whose “Sydänpuu” (“Heartwood”) proposal won the special architects’ competition arranged to design the office in September 2003.

Building permission for the five-storey 8,000 square metre office building was obtained from the City of Espoo quite rapidly, already at the end of April, and it came into effect 5.6.2004. The commercial agreement for the site was signed with the City of Espoo 10.6.2004.

The office site is being developed by Kiinteistö Oy FMO. According to the investment agreement, when the building is finished the entire share capital will be transferred from Finnforest’s ownership to the Tapiola Group’s indemnity and pension insurance companies. Finnforest Corporation will then become one of the office tenants.

When it is finished, in spring 2005, the building will be the tallest wooden office building in Europe. It is located in the Hakalehto area of Tapiola in the City of Espoo.

Further information:
Lauri Palojärvi, Senior Vice President, Director of Building and Construction, Finnforest Corporation, phone +358 500 507 447
Markko Ihamuotila, Senior Vice President, Director of Marketing and Communications, Finnforest Corporation, phone +358 50 598 7014
Hannu Ronkainen, Managing Director, Kiinteistö Oy FMO, phone +358 50 5594 797