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Lippulaiva shopping centre, Finland

22nd November 2019

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Lippulaiva shopping centre.

Location
The project is located in Espoo, Finland.

Project Owner/s
Citycon Oyj.

Project Description
The project involves the construction of a shopping centre with a gross area of 44 000 m2.

The main focus area of the shopping centre will be groceries, and there will be about 80 stores, and services available.

The complex will include a bus terminal and parking facilities for cars and bicycles, as well as facilities for public services.

Lippulaiva will be a zero net energy building.

The largest geothermal heating and cooling energy plant in Europe for a commercial building is being built under Lippulaiva.

Beneath the shopping centre, 170 wells extending to 300 m have been drilled.

The energy plant will generate carbon-free energy to meet the shopping centre’s heating and cooling needs.

Potential Job Creation
Not stated.

Capital Expenditure
The contract is valued at an estimated €170-million.

Planned Start/End Date
The project is expected to be completed
in 2022.

Latest Developments
None stated.

Key Contracts and Suppliers
Sierak (underground structural works); JPV Engineering (steel structure); Adven (geothermal heating and cooling facility); and Sanska (construction contract).

On Budget and on Time?
Too early to state.

Contact Details for Project Information
Citycon Oyj, tel +358 207 664400 or email info@citycon.com.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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