YIT, a Finnish construction and development company, has commenced the construction of a self-developed apartment building, Asunto Oy Tampereen Ohjaaja, in Tohlopinranta, Tampere, Finland.
The contract, valued at €11m ($11.42m), will be recorded in YIT’s order book for the fourth quarter of 2024.
Construction of the six-storey apartment building on Lake Tohloppi’s shore began in November 2024, with completion expected by December 2025.
The building will house 38 apartments ranging from 23m² to 100.5m², covering a total area of approximately 2,900m².
Each apartment will include a balcony and water-circulating ceiling heating panels that can also provide cooling during the hotter months.
Asunto Oy Tampereen Ohjaaja is being designed to incorporate sustainable practices throughout its design and construction phases.
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By GlobalDataIt meets energy class A requirements and will utilise district heating and solar panels.
Parking facilities will be available at the nearby Kiinteistö Oy Tohlopinranta Pysäköinti, with provisions for electric vehicle chargers.
Renewable electricity will power the construction site, and waste management will focus on minimising mixed waste through sorting.
YIT Housing and Business Premises Pirkanmaa regional director Sami Viitanen said: “I am very pleased that we will be able to start the construction of our second self-developed apartment building in Tampere within a month, after a hiatus of more than two years.
“The high-quality, sustainable YIT homes built in line with the A energy class requirements will be situated amid stunning lake landscapes, close to nature, enabling a wide range of leisure activities right on your doorstep. In Tohlopinranta, the lake and its surroundings will be part of the residents’ day-to-day lives.”
The location offers access to a trail around Lake Tohloppi, providing opportunities for various activities.
Upon completion, the district will see improved surroundings with traffic rerouted away from the lake.
Last month, YIT signed a contract valued at approximately €11m with A-Kruunu to construct a rental building within the Kangas urban development area in Jyväskylä, Finland.