Record-breaking 4,300 new dwellings built in Espoo in 2019

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2020-01-28 15:54

2019 was the best year of the decade in Espoo as measured in new dwellings completed, with the number exceeding even the previous record from 2018 – a total of 4,297. The number of new housing construction projects launched also increased significantly compared to the previous year, totalling 4,645 dwellings.

New residential buildings in Saunalahti.
New residential buildings in Saunalahti in September 2019. 600 new dwellings were completed in Saunalahti last year.

“Housing construction volumes have remained high in Espoo in recent years, and 2019 was no exception. The number of new housing construction projects started and the number of building permits issued for new housing indicate that there are no signs of housing production in Espoo slowing down,” says Housing Manager Anne Savolainen.

The number of building permits issued for housing construction remained high, with permits issued for the construction of 4,804 dwellings (5,029 in 2018). In 2018, a total of 3,852 new dwellings were completed in Espoo, in addition to which construction began on another 4,176.

Housing construction volumes highest along the rail tracks

“In Espoo, housing is being built simultaneously in several key locations with high demand. The area of Vermonniitty in Leppävaara, which is located alongside the upcoming Jokeri Light Rail line, is a good example of this,” Savolainen continues.

A total of 814 new dwellings were completed in Vermonniitty in 2019. Next in terms of dwellings completed were Saunalahti (601) and Niittykumpu (365). Housing construction volumes are also expected to remain high along the Jokeri Light Rail line, which will begin operation in 2024. One of the key areas in Espoo in the 2020s will be Finnoo, which is being built around the metro station. The area’s first housing plots were allocated in 2019. In the coming years, more dwellings will also be built around the metro’s planned terminus in Kivenlahti. Other projects currently in progress include the renewal of Espoo city centre and Suvela.

Espoo’s growing population and high housing construction volumes also cause challenges in regard to ensuring that necessary infrastructure projects and public services, such as schools and day care centres, are completed at a sufficient pace.

“We are tackling these challenges by working with land-owners and commercial operators, for example, to plan what services to include in areas under construction and the schedules based on which services should be available,” states Head of Espoo Technical and Environment Services Olli Isotalo.

620 new state-subsidised rental dwellings completed

The number of new ARA rental dwellings completed increased compared to the previous year. Of the total number of new dwellings completed, state-subsidised production accounted for 14% (620 dwellings), of which 512 were long term interest-subsidised ARA rental dwellings (12% of all dwellings completed). Of these, 260 were student dwellings, which were built in Otaniemi, 57 were youth dwellings built in Olari and 114 were part of a new Espoon Asunnot location in Niittykumpu. Of the total number of new dwellings completed, 83% were apartments (3,561 dwellings) and 17% were single-family houses (736 dwellings).

Of the new dwellings whose construction began in 2019, state-subsidised production accounted for 19% (899 dwellings), of which 626 were long term interest-subsidised ARA rental dwellings (13% of all dwellings whose construction began in 2019). 81% of the dwellings whose construction began in 2019 were apartments (3,766 dwellings) and 19% were single-family houses (879 dwellings).

Land-use, housing and transport are steered collaboratively

The 14 municipalities of the Helsinki region are currently negotiating a new land-use, housing and transport agreement (MAL), which is used to steer regional development. The plan determines the likes of where new housing will be built in the future and how the transport system will be developed to best serve the entire Helsinki region.

Image by: Janne Ketola / Summit Media Oy