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Topping-off with a view of the airport

Anna Pakulniewicz 12 September 2017

Anna Pakulniewicz

Journalist

+48 22 356 25 07
anna@eurobuildcee.com

Ania covers the Baltic states’ real estate markets, architecture and urban planning in Warsaw as well as interior design. She is also the co-founder of Eurobuild TV. Among others, she has been employed by TVN CNBC, PAP Insider, WBJ (The Observer), Poland Monthly and IMM. She graduated from the Warsaw School of Economics, majoring in international relations. She has also completed postgraduate studies in macroeconomic analysis. In addition to this, she studied Lithuanian philology

Topping-off with a view of the airport
ESTONIA The topping-off ceremony has taken place of a new office building at Lõõtsa 12 in Tallinn’s Ülemiste City business park, having now reached its maximum height of 45m.
The Liwentaal office building reaches the tallest height permitted in the neighbourhood of the airport. Construction work should be completed in H1 2018, while at the same time a car park is to be built at Lõõtsa 11. “In addition to its cost effectiveness, the new 13-storey office building has another advantage – its special location. The building is located right next to Tallinn Airport and offers great views of the airport and Lake Ülemiste,” commented Gert Jostov, the CEO of the developer of Ülemiste City, Technopolis Ülemiste.

The Liwentaal office building, which is named after pioneering Estonian aviator Alexandre Liwentaal, will be built according to LEED ‘Gold’ certification standards.

Technopolis Ülemiste is the developer of the Ülemiste City office park, which is located on the site of the former Dvigatel factory. More than 300 companies now operate in the zone, which has generated employment for app. 8,000 people. The owners of Technopolis Ülemiste are Finnish company Technopolis with a 51 pct holding and Mainor Ülemiste with a 49 pct stake. According to Gert Jostov, the market for office premises in Tallinn remains active. An estimated 100,000 sqm of new office premises should be completed in Tallinn in 2017–2018. “The trend is to gradually replace older rented premises with new ones. New office buildings are also considerably more energy-efficient. A new office building is also a breath of fresh air and moving to one is a very easy decision to make for many companies,” he added.


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