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Over 10,000 sqm to be constructed by Technopolis Ülemiste

Anna Pakulniewicz 02 October 2018

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

ESTONIA Technopolis Ülemiste will invest EUR 25 mln in the construction of an office building and a five-storey car park for 540 vehicles.

The twelve storey office building at 1 Sepapaja is to be completed in the spring of 2020 and the car park should be delivered at the end of 2019. The project has been already announced.

“The vacancy on our existing campus is well below the market average,” says Gert Jostov, the chairman of the board of Technopolis Ülemiste and he adds: “There’s demand for new office space both within the business park itself, where companies are always looking for opportunities to expand, and outside it. That’s a great position to be starting from and should guarantee the project’s success.”

The new building will have a leasable area of 10,800 sqm and a recognisably big-city appearance, marked out by an expansive, gradually sloping glass façade.

“The southern side of the office building will also feature a square with flagpoles, a fountain and space to sit in where in future we can host a range of events,” says Gert Jostov. “With it the centre of Ülemiste City will shift even more towards this part of the campus,” he claims.

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