Construction of the third phase of Innopoli 4 has begun in Otaniemi, Espoo

Shared workspace expert Technopolis has begun construction of the third phase of the Innopoli 4 property in Otaniemi, Espoo. Innopoli 4 is used by VTT Technical Research Centre of Finland. The expansion is constructed by YIT and the project is estimated to be completed in the summer of 2025.

The expansion is part of the nearly EUR 100 million development project of Innopoli 4. The third phase of the building complex includes laboratory facilities and, for example, x-ray and clean room facilities. The size of the expansion is approximately 7,900 gross square meters, which will increase the total area of the complex to 19,000 square meters.

The Innopoli 4 building complex is part of the Technopolis Otaniemi campus and is rented entirely to VTT. The first phase of Innopoli 4 was completed in 2020 and the second phase in the summer of 2023. The first phase mainly consists of office spaces, while the second phase consists of laboratory spaces.

”Innopoli 4 is a significant investment and a very exceptional construction project due to the technical requirements for the research facilities. We are pleased to take part in the development of the Otaniemi area. This investment being carried out as planned shows the appeal of Otaniemi and the need for customized workspaces,” says Niko Pulli, CEO of Technopolis.

The expanding range of services and increasing accessibility of Otaniemi are driving growing interest in the already attractive area.

“The light rail line has recently started operating and stops right in front of our campus. This significantly enhances the accessibility of Otaniemi and our campus. In addition, the serviced studios provider Noli Studios and K-Market Maarinsolmu grocery store opening next to our campus expand the services in the area,” Pulli continues.

Like the entire Technopolis Otaniemi campus, the third phase of Innopoli 4 will also use carbon-neutral energy upon completion. Solar panels will be installed on the roof of the building to produce renewable energy for the property. The rest of the campus buildings already have the industry-leading LEED certificate, and Technopolis will apply the certificate also for the expansion.

Technopolis is prepared to expand the Innopoli 4 building complex with a fourth and a fifth phase, but the final decisions concerning these expansions will be made later.