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Citycon and Lehto sign preliminary agreement on the construction of Lippulaiva shopping centre

Lippulaiva

Image: JKMM Arkkitehdit Oy

Citycon Finland Oy and Lehto Group Oyj have signed a preliminary agreement on a development project for the Lippulaiva shopping centre in Espoonlahti. According to the preliminary agreement the development project will be prepared in close cooperation between Citycon, Lehto and the project designers. The aim is to sign the final agreement on the contract in early autumn 2016. The Lippulaiva project has high objectives: the shopping centre is located in a built-up area and will include a metro station, a bus terminal, an underground parking facility and apartments. The end result needs to be functional from the perspective of its users, with an image of high quality and comfort that will stand time and meet high cityscape requirements.

The shopping centre will feature services focusing on an extensive daily goods offering, versatile public and private services as well as an extensive range of restaurants and coffee shops. Around 550 apartments, a connection to the metro, a bus terminal and 1,400 parking spaces will also be built next to Lippulaiva.

“Our aim is to build something that will serve the local residents, with a focus on excellent daily goods shops, versatile public and private services and an extensive range of restaurants. Public transport will be integrated as part of the bigger picture,” says Citycon Project Development Director Heikki Alén.

Rakennusliike Lehto Oy, which is part of the Lehto Group, will deliver the turn-key project, says Chief Business Officer Jaakko Heikkilä, who was in charge of the agreement negotiations. ”The company has previously built several shopping centres, but Lippulaiva is the largest contract for our company,” Jaakko Heikkilä says. In addition to the visual and functional objectives, Lehto is tasked with helping Citycon secure solid financial prerequisites for the project.

The project requires that temporary facilities be set up to house some of the shops in the shopping centre.

“The aim is to secure everyday services for local residents and uninterrupted business for tenants during the Lippulaiva project,” says Heikki Alén. The temporary business facilities, named Pikkulaiva, will stand at around 10,000 m2 in size.

Rakennuskartio Oy, which is part of the Lehto Group, will purchase the building rights for the seven separate blocks of flats that form an inseparable part of the overall project. ”The apartments need to be stylish, functional and affordable considering the location,” says Markus Myllymäki, the manager in charge of project development for the Lippulaiva apartments.

Building apartments in tandem with the shopping centres brings an additional challenge to the project. The second phase of the west metro is set for completion in 2020, and the aim is to have the renewed Lippulaiva shopping centre and the apartments completed by then.

Lippulaiva

  • Gross area for the project: 170,000 m2
  • Leasable area for business premises: approx. 41,000 m2
  • Business premises: approx. 90
  • Bus terminal gross area: approx. 4,500 m2
  • Metro gross area: approx. 5,500 m2
  • Apartments: 7 lamella buildings, total gross area 38,000 m2
  • Parking spaces: approx. 1,400
  • Includes Espoonlahti metro station and bus terminal
  • Construction between 2016 and 2020

Customer: Citycon, Project Development Director Heikki Alén

Main contractor: Lehto Group Oyj /Asko Myllymäki, Chief Business Officer, Marko Kähkönen, Project Director Shopping centre turn-key project contractor: Rakennusliike Lehto Oy, Jaakko Heikkilä, Chief Business Officer Project development for the Lippulaiva apartments: Rakennuskartio Oy, Markus Myllymäki, Project Development Manager

Further information:

Heikki Alén, Citycon, Project Development Director
Phone: +358 40 567 6619
heikki.alen@citycon.com

Jaakko Heikkilä, Rakennusliike Lehto Oy, Chief Business Officer
Phone: + 358 400 742 994
jaakko.heikkila@lehto.fi

Asko Myllymäki, Lehto Group Oyj, Chief Business Officer
Phone: +358 40 527 3294
asko.myllymaki@lehto.fi