29.06.2023Ülemiste City is starting the construction of an international educational quarter

NOBE won the new construction tender that was arranged for the changed project of the Ülemiste educational quarter, and in the first stage, they will construct the building of the International School of Tallinn with a gross area of nearly 6,000 square meters and the Ülemiste community building at Valukoja 9. The total cost of the construction is approximately 11.5 million euros without VAT. 

Today, the campus is home to Estonian Entrepreneurship University of Applied Sciences, International School of Tallinn from kindergarten to high school, Emil school and Kalli-kalli kindergarten. Due to the planned construction of the Rail Baltica terminal to the area of existing buildings and the growing need for educational services, a new educational quarter is being built in the centre of the Ülemiste campus.

“Educated professionals from Estonia and abroad have been one of the pillars of Ülemiste City as a smart city from the beginning. The campus of Ülemiste has grown and developed rapidly so far, and thinking about the future, it is necessary to build an international study quarter here, covering the entire educational path,” said Kadi Pärnits, the Chairman of the Board of Mainor AS, developer of Ülemiste City. “The first major steps on this path will be the completion of the new building of the International School of Tallinn, which offers IB education from preschool to high school, and the Ülemiste community building at the end of next year, to offer even more opportunities for sharing knowledge and being physically active, as well as a place for socialization.”

According to Ursel Velve, the Chairman of the Board of Mainor Ülemiste, the beginning of June has been a very busy time for Ülemiste City in many areas of development – a unique testing environment in the Nordic countries, Test City, was launched in the business campus, and the cornerstone was placed on the second Health Center, which allows the expansion of the health cluster here and the possibility of offering additional healthcare services. “Now it’s time for the educational quarter, the expansion of which has been long awaited to support the further multifaceted development of the campus. I am happy that we will start to develop the building created in cooperation with students, parents, teachers and service designers after a long period of planning and we will be able to experience a new modern environment already at the beginning of 2025 that will support both learning and movement and in turn will create even more green urban space in addition to our health developments,” she noted.

“Ülemiste City is becoming an independent city, where all services necessary for life are world-class. At NOBE, we highly value smart, versatile and multifunctional architecture, where an use has been found on the entire surface of the building. For example, in the Ülemiste City educational quarter, the entire roof area is used for playgrounds and leisure facilities. To create the best environment, both solar protection glass and noise barriers are used on the buildings. Developer Mainor Ülemiste creates the dream learning environment for all children, but also opens the building to the community for use. As a resident of Ülemiste City, NOBE is happy to participate in the construction of the campus,” said the Board Member and Construction Director of NOBE, Priit Nigols.

According to Hannes Kaadu, Head of the Estonian Branch of OP Corporate Bank plc, OP highly values cooperation with Mainor Ülemiste. “This project allows OP to make another contribution to Estonian society. The Ülemiste educational quarter creates all the prerequisites for providing high-level international education, and the developer has a clear vision of how to do it best. Since the quarter is environmentally friendly, we finance it through a green loan. We are in many ways in line with OP’s own sustainability program”.

14.02.2023Mainor Ülemiste record results in 2022

The unaudited results of Mainor Ülemiste  indicate record numbers in the turnover and profit of 2022.

The company’s turnover was 16.2 million euros, which is 24% higher than in 2021, and the net profit was 30.4 million euros, that is three times higher than last year. An important factor impacting the change in real estate value is mostly attributed to the completion of the new Alma Tomingas office building. The Alma Tominga building, which is planned to be awarded the energy and environmental sustainability LEED gold status, is an 11-story, over 20,000 square meter office building that is unique in Europe. Large international corporations such as Fujitsu Estonia and Breakwater Technology, as well as Estonian innovation and development leaders Skeleton Technologies and the Estonian Business and Innovation Agency, will be operating in the building.

Mainor Ülemiste is a subsidiary of Mainor AS, whose principal activity is the development of Ülemiste City, the largest business campus in the Baltics. A total of 167,000 square metres of leasable office space has been built on 36 hectares of the campus. It is home to nearly 500 companies and a work, study and living environment for more than 14,000 people.

Ülemiste City is being developed by Mainor AS, Mainor Ülemiste AS and Technopolis Ülemiste AS.