The City of Helsinki and Senate Properties are opening a competitive bidding process in February 2011 for what will be the largest construction project in Finland. They are looking for a buyer and a developer to undertake the transformation of the Pasila district of Helsinki into a major urban centre of the city. The winners will be announced in early 2013.
The development of the Pasila district includes the construction of a shopping centre, ten high rise office and apartment buildings, business premises, marketplaces and pedestrian areas. A new metro station is also planned for the area. Construction work could start in 2015, according to the City of Helsinki and Senate Properties. The project will create more than 40,000 new jobs and homes for 12,000 residents.
Source: Helsingin Sanomat