Wednesday, February 1, 2017 - 12:17

New residential construction in Helsinki increased for third consecutive year

The number of new housing units completed in Helsinki in 2016 was 4,395. The number of housing starts was 5,129, and building permits were granted for 5,597 units.

New residential construction in Helsinki has been at markedly higher levels in the 2010s than in the previous decade. Since 2012, an average of 4,500 new housing units have been completed in each year.

Housing starts in 2016 exceeded the number of units completed, so the number of housing units under construction remained at 7,000. The number of building permits granted in 2016 was record high for the third consecutive year. As a result, new residential construction is expected to remain robust in the current year. The residential construction target set by the City Council is currently 6,000 new housing units annually.

In 2015 new residential construction largely focused on non-subsidized owner-occupied and rental housing. In terms of ownership types, the breakdown of new housing starts and new building permits in 2016 was markedly closer to the targeted breakdown defined in the programme for housing and related land use approved by the City Council. The shares of both non-subsidized rental housing and right-of-occupancy housing were markedly higher in new residential construction in 2016 than in the previous year.

The most significant area of housing starts in 2016 continued to be West Harbour (Länsisatama), where housing starts again exceeded 1,000. The largest number of new housing units completed was in Kruunuvuorenranta. New residential areas represented 58 percent of housing units under construction at the turn of the year, and 42 percent consisted of infill construction.

Wednesday, June 14, 2017 - 10:31

Construction of main Jätkäsaari park to begin

The construction of the main park to be built in the new Jätkäsaari district will begin during the summer. The first part of Hyväntoivonpuisto – “park of good will” – to be constructed is the section between the streets of Juutinraumankatu and Rionkatu. In addition, landfill and earthmoving work will be conducted in the southern part of the park area.

Thursday, June 8, 2017 - 14:12

Global study: In Helsinki startups are born global and won’t be left to survive alone

Our geographical location may be a little remote and there’s room for improvement with the weather, too, but Helsinki has long had reason to be proud of its startup field. Global success stories, such as Supercell and Rovio, were created here together with Slush, the largest startup event in Europe, and FiBAN, one of the strongest business angel networks in Europe.

Friday, June 2, 2017 - 09:17

A kilometre-long art wall planned for Hernesaari construction site

The City of Helsinki is planning a kilometre-long art wall for the future Hernesaari construction site. The construction of a new residential area in Hernesaari will begin next year with the demolition of warehouse halls. The wall will separate the demolition and construction site from the street and waterfront area.

Friday, May 26, 2017 - 11:47

Ten entries for Pasila High-Rise Area Competition

Ten entries were submitted for the first phase of the Helsinki High-Rise Design–build Competition. The purpose of the Competition is to choose a high-quality plan for the implementation of the Pasila high-rise area. The first phase of the competition ended on 16 May.

 – Ten entries is a rather good number for such a comprehensive and demanding object. It tells that Helsinki and Pasila are attractive development objects. It is also a sign of the fact that big investments are interesting, says Executive Director Mikko Aho at the City of Helsinki.