ONGOING DEVELOPMENT PROJECT, Helsinki Area, Finland
Type: Mixed-use and residential development

The future of convenient urban living

The new, urban centre Lippulaiva was opened in spring in the growing Espoonlahti area. In addition to the shopping centre part, the 150,000-square-meter complex of Lippulaiva will include eight residential buildings, and the Espoonlahti metro station and bus terminal are also fully integrated with the centre, thus forming a convenient and enjoyable entity. 

Key figures

Centre completed

2022

Centre, Gross leasable area, s.qm.

44.000

Stores

100

The whole development project, sq.m.

150.000

Residential buildings

8

Metro and bus terminal

1
Thriving urban centre
Lippulaiva library

Opened at the end of March 2022, the new mixed-use urban hub Lippulaiva is a thriving urban centre for local services in the rapidly growing Suur-Espoonlahti area, with approximately 100 different shops, cafes and restaurants, as well as private and public services. Lippulaiva focuses on a strong grocery and daily shopping service offering, and it has one of the largest grocery store concentrations in the Helsinki Metropolitan Area. Anchor tenants include the Espoonlahti regional library, kindergarten Pilke Pikku purtilo, fitness centre Elixia and all of Finland's major grocery trade operators K-Supermarket, Prisma, Lidl and Tokmanni. The gross leasable area in the shopping centre is 44.000 square meters. 

Flagship of local energy production 

Lippulaiva is nearly a zero-energy building and designed to LEED gold certification target. The integration with the metro line and the bus terminal, together with good bicycle connections and other environmentally friendly solutions, create lower environmental impacts. 

The largest geothermal heating and cooling facility for a commercial building in Europe has been constructed under Lippulaiva. It generates carbon-free energy to meet almost the entire heating and cooling needs of the shopping centre and apartments. 

Lippulaiva’s electricity consumption is optimised with a smart system. Smart management refers to features such as temporarily reducing air conditioning when electricity consumption is at its peak. On the roof of Lippulaiva there are green roof and solar panels which generates electricity for the shopping centre’s lifts and escalators and the illumination of the centre’s public spaces. Solar panels have been placed not only on the roof but also on the wall surfaces. 

Living in the best location 
Lippulaiva apartments

Lippulaiva marks the first time that Citycon has carried out its own rental housing production. There will be a total of eight residential buildings with 564 new apartments built in and around Lippulaiva. Citycon will build six of the buildings, of which the construction of four residential buildings is underway and the construction of two buildings will start later. In addition, the building rights of two residential towers have been sold to the construction company Hausia. 

Approximately 275 apartments will be built in the four rental buildings located at the northwest end of Lippulaiva. The construction of the 4- to 14-story buildings began in spring 2021. The first of the residential towers will be completed at the end of 2022 and the remaining three at the beginning of 2023. The location of Citycon's residential buildings is unique, close to services, nature and the sea, and the apartments on the top floors have a stunning sea view.