Toivo to develop €20m resi project in Espoo (FI)

Toivo to develop €20m rest project in Espoo (FI)

Toivo Group Plc has signed a project agreement for a regional construction project in Suurpelto, Espoo, valued at over €20m.

 

According to preliminary plans, the area will feature 63 terraced house apartments. The project is a single-family home development, which combines private yards and A-energy class ratings. The development is particularly suited for families with children, as the esteemed Espoo International School is located close next to the project site. Construction is scheduled to begin in the first half of 2025, with completion expected by the end of 2026.

 

The project is located directly opposite the school, making it an ideal location for families with children who value proximity to schools. In our design process, we have aimed to address the needs of our target group and create a courtyard that serves as a meeting place for residents of all ages,” said Petter Ruuskanen, Toivo’s Project Development Manager.

 

We are excited to be able to carry out this project in a very eco-friendly way. Our intention is to construct the buildings using wood, which captures more carbon compared to concrete construction. Additionally, the courtyard’s landscaping will feature plant species and themes that support biodiversity,” added Urho Myllymaki, Toivo’s Chief Operating Officer.

 

Image source - Toivo.

 

Europe Real Estate — an overview of real estate developments in European countries.

 

Related News