Toivo Group Plc (Toivo) has signed an agreement for a c. €5,2m project management contract for the construction of a parking facility for the Aviapolis block. Toivo has already completed two residential apartment buildings in the same block, and another apartment building is under construction. The parking facility to be constructed will include approximately 150 parking spaces. Construction of the parking facility will begin in the spring of 2025 and is expected to be completed in early 2026.
”This large centralized parking solution will accommodate parking spaces for several different apartment buildings. It is great, that Toivo has earned the trust of all parties to deliver this beautiful yet affordable parking facility. I also want to thank Vantaa city officials for the collaboration so far,” said Toivo’s planning director Tommi Peltola.
”On behalf of the developer, I can state that we are pleased to continue our long-term cooperation with Toivo’s organization. I believe, that construction of the parking facility will proceed as smoothly as our previous joint projects, and it is great to roll up our sleeves again,” concluded Jasper Niuro, representing the developer role at SL Rakennuttaja Oy.
Image source - Pexels.
Europe Real Estate — an overview of real estate developments in European countries.
