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Ülemiste City is a modern district located on the territory of the old Dvigatel factory in the immediate vicinity of Tallinn Airport. Ülemiste City houses a large number of innovative enterprises and its aim is to develop the 36-hectare Smart City into the largest knowledge- based economic environment in the Baltic countries.
The new Health Centre in the 7-storey Von Baer building in Ülemiste City will expand the range of health services offered on the campus and focus on preventive healthcare, surgery, diagnostics, and rehabilitation. The largest tenant in the new centre is the Tartu University Hospital, which means that more people will now be able to access the services of the university hospital.
The newly completed Health Centre 2 complements the existing health cluster of Ülemiste City, which also includes the first Health Centre opened in 2020, the Ülemiste Surgery Clinic, and Health Founders, an accelerator for healthcare start-ups. The health cluster is designed not only for people working on the campus, but also for patients from Tallinn, Harju County, and even further away.
According to Kadi Pärnits, Chairman of the Managing Board of Mainor AS, the developer of Ülemiste City, Ülemiste City as a 5-minute city offers everything you need within a short walk or bike ride, including healthcare services and technologies. ‘The core of the health development project is preventive health care and convenient access to health services, which is in line with modern urban planning principles that prioritise community comfort and well-being. The health developments of Ülemiste City are guided by the 3×3 health model developed by the University of Tartu, according to which the health interventions of the campus will take place at the individual, company, and environmental levels to promote physical, mental, and social health. This will make Ülemiste City even more attractive for businesses as well as employees who value the cohesive and vibrant urban environment,’ she explained.
‘As a health campus in a smart city, we want to be attractive also to foreigners, both as a service provider and as a learning and working environment. Considering that the Ülemiste health complex is one of the largest and fastest-growing private equity-funded health campuses and innovation hubs in the region, it is unlikely to go unnoticed by talent from further afield,’ Pärnits said.
In the new 9,450 m² Health Centre, around 25 service providers with more than 250 specialists will be welcoming patients. Among them is the Tartu University Hospital – these are their newest and largest premises outside Tartu.
According to Priit Perens, Chairman of the Executive Board of the Tartu University Hospital, the move to shared premises for staff working in Tallinn has been a long-awaited one. ‘The hospital’s andrology clinic, genetics and personalised medicine clinic, including a centre of excellence for rare diseases, and the sports traumatology centre have so far been in different locations in Tallinn. In the Health Centre at Ülemiste City, we were able to bring the services of Tartu University Hospital provided in the capital under one roof, improving both the treatment conditions for patients and the working conditions for staff. As the services of the hospital are intended for all Estonian residents, the opening of the new Health Centre will allow more people to benefit from the services of the Tartu University Hospital,’ he said.
In addition to the Tartu University Hospital, the new building will also be home to the Tallinn Centre of Medical Specialists, SYNLAB, BENU pharmacy, MediPunkt, Dr. Tomson Perearstikeskus, VM Arstiteenused, Perekliinik, Valvekliinik, Ülemiste Physiotherapy Clinic, Health Tests, Med4U, Reio Vilipuu Rehabilitation Clinic, HEAL Clinic, Orthopedics and Physiotherapy, Psychotherapist Margot Eimla, Therapium physiotherapy centre, Roseni Dental Clinic, Valeo Med, Child and Adolescent Psychiatry Center PSI, MEIE Family Therapy Center, and the Ülemiste Psychiatric Centre.
‘The completed health centre is not just a large medical building – its carefully considered architecture reflects the commitment of the campus to health and well-being. The spacious, environmentally friendly, and human-centred architectural solution will be a motivating working environment and will also provide a pleasant urban landscape,’ Pärnits said. ‘As in several other buildings of Ülemiste City, the stairs in the new Health Centre will invite you to use them, which means that each floor on the stairs will feature a health-themed piece of art.’
The Von Baer Health Centre was designed in cooperation with the private limited company What If. The architectural solution of the building was prepared by the private limited company Apex Arhitektuuribüroo, the interior architecture solution by the Studio Argus, and the landscape architectural solution by the private limited company Tajuruum. The main construction contractor is OÜ Fund Ehitus and the project is financed by a syndicate of SEB and Luminor banks.
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Mainor Ülemiste signed an agreement to purchase 51% of Technopolis Ülemiste shares, thereby once again becoming the sole developer of Ülemiste City. The transaction will enter into force once approved by the Competition Authority.
Fifteen years ago, the largest business campus in the Baltics was solely owned by Ülo Pärnits. However, in 2010, Mainor Ülemiste and the Finnish stock exchange company Technopolis Plc created a joint venture, Technopolis Ülemiste, of which Estonians owned 49% and Technopolis 51%. Approximately one-third of the developed land in Ülemiste City became the property of Technopolis.
Guido Pärnits, the Chairman of the Supervisory Board of Mainor Ülemiste and the primary owner of Ülemiste City relishes the opportunity to buy a company that will enable the effective development of Ülemiste City as a unique hub for smart business. "My father sold a significant part of his business in a difficult year, and we are making a long-planned buyback transaction also in an economically difficult time, which may seem like a somewhat unexpected step. In any case, he would be happy for us. Difficulties are there to become stronger and wiser by overcoming them."
"The deal that my father signed with Technopolis in 2010 gave us more development capacity, and we have realized these opportunities with both campus developers, including Technopolis Ülemiste, until today. Even though our participation in Technopolis Ülemiste was 49%, we have been able to move Ülemiste City forward as a whole, and it is noteworthy that the equity capital of Technopolis Ülemiste has increased significantly in those years," explained Guido Pärnits. "Of course, the parent company Mainor AS has played a key role in the conceptual development of the campus, but we cannot underestimate the contribution of Technopolis as a partner. However, in recent years, we realized that their development has slowed down, and their decision to sell the company came at the right moment, in my opinion. Looking back at everything we have been able to achieve in a relatively short time, and to be successful not only in our own business activities but also a strong and substantial partner for the city of Tallinn and the state of Estonia, it was our wish to buy Technopolis ourselves and thus become the largest office real estate developer in Estonia."
The company, which will become whole again, has nearly 30 hectares of land to be developed on the campus and, according to detailed plans, 500,000 m2 of undeveloped land. In 18 years, a total of 167,000 m2 of office space, health centers and residential areas have been developed in Ülemiste City. A new health center and an educational quarter with a community building are currently being built. So far, developments have been made for 300 million euros, while the investment volume of Technopolis Ülemiste makes up approximately one-third of this.
The new company will acquire almost a fifth of the office real estate targeted for the market in Tallinn.
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