Finnish developer SRV and Senate Properties, an unincorporated state enterprise, have embarked on a cooperative project to renovate the Pasila Government Agency Centre in Helsinki, Finland.

SRV’s contract is valued at €28.5m ($29.7m) with no added VAT, with the project set for inclusion in SRV's order backlog this February.

The project will see the 1982-built facility transformed into Finland's 'largest' shared workspace.

The centre is set to become a hub, providing shared workspaces for 12 different operators and a service point for visitors.

Senate Properties construction manager Joel Saarinen said: "Common work environments meet the needs of a changed working life, reduce emissions and bring savings. The goal of the state's premises strategy is that a quarter of the state's personnel work in shared work environments by 2030.

"When several agencies share the same premises, it is possible to reduce unnecessary square meters and thus save not only office space costs but also property maintenance costs."

The extensive renovation will lead to changes in the property's interior layouts, which cover a total scope of approximately 31,000m², with about 19,000m² of this space being renovated.

Construction is scheduled to start this month, with the renovated premises expected to be handed over to the client by early 2026.

The updated centre will accommodate a variety of government entities, including the Finnish Tax Administration, Statistics Finland, and the Social Security Appeal Board, among others.

Once the project is completed, it is anticipated that roughly 5,200 people will work within the Pasila Government Agency Centre by the end of 2026.

Last month, SRV secured a deal with Projekti GH for the Garden Helsinki project, which includes a multipurpose arena and additional facilities in Töölö, Helsinki.