Nordicum - Real Estate Annual Finland 2018 | Page 34

AINOA Aims High
Metro gives boost to Tapiola’s redevelopment in Espoo
T
apiola is known as the iconic “Gar-
den City” of Espoo. The heart of the
community is the Tapiola Centre which
dates back as far as the 1950s and 1960s.
However, for the longest time, the owners in
the Tapiola Centre were reluctant to do much
in the neighbourhood, since it would mean
considerable investments. Then the decision
was made by the City of Espoo to build the
western metro line, with Tapiola as a key sta-
tion. Metro promised fresh momentum for
the revitalisation project and one of the local
owners, LocalTapiola, really took the lead.
Soon enough, LocalTapiola was mak-
ing significant investments in the Tapiola
Centre. In