Nordicum - Real Estate Annual Finland 2011 | Page 38

kumpu metro station simultaneously with the other stations. In fact, adding a station to the metro line after the fact – once the metro is fully operational – would have been very challenging indeed. Both Kokkinen and Louko agree that realising Niittykumpu in the first wave of construction makes a lot of sense. “There will be funding available for the construction from land use agreement of the area, which means, in essence, that no additional money from the City will be required to fund the station,” says Louko. In addition to the metro station itself, there will be other costs resulting from setting up the municipal infrastructure. SRV is going to be the principal developer of the area, together with SATO and Varma. According to initial plans, there 36 Nordicum will be both business and residential buildings in Niittykumpu to the tune of 150,000 gross square metres. Underground Excellence The Espoo metro is no trivial matter – in fact, the project is the biggest single infrastructure undertaking in Finland today. All and all, the west metro will be 13.9 kilometres in length, comprising two parallel tunnels travelling underground for the entire length of the track. In addition to the stations, excavation work will be carried out for fifteen vertical shafts designed for emergency exit, pressure equalisation, ventilation and smoke extraction. Nine work tunnels have been designed for construction and maintenance work. The west metro will also run as an automatic metro right from the beginning. The Helsinki Metro will go automatic even before the completion of the west metro. The automatic system will make train traffic safer and faster, with increased frequency. To begin with, the shortest interval between trains will be 2.5 minutes. Ultimately, the metro ride from Matinkylä to Ruoholahti will take 16 minutes. Once completed, the metro will connect the southern parts of Espoo to the regional rail transport system. It is estimated that over 100,000 passengers will use the metro daily and that around 60,000 will cross the border between Helsinki and Espoo every day. According to estimates, the busiest stations are likely to be Tapiola, Matinkylä and Lauttasaari. Power of Three The metro line is also very intriguing in the sense that it will link together the powerful Tapiola-Otaniemi-Keilaniemi triangle. Each of these areas has left a permanent mark in history, and together they form the most potent trio in the country. Tapiola, for one, is the legendary “Garden City” and its commercial centre was a pioneer for urban development in Finland. Otaniemi boasts the Finnish version of Silicon Valley, combining higher education with research and business. Finally, in Keilaniemi one can find the corporate “dream team” of the land, with a skyline filled with proud towers of such internationals hi-tech companies as Nokia and Kone. Antti Mäkinen, Project Manager for the City of Espoo,