Rafters Upright - Tähetorni Tehnology Park on the Western Side of Tallinn Is Expanding Rapidly
One of the few business and industrial complexes in Lääne-Tallinn, the Tähetorni Tehnology Park on Paldiski highway is expanding rapidly. When the first building was completed in June, the rafters got now upright on the second building of the development, the construction of which was begun in July. Favorte, the developer of the Tähetorni Technology Park, estimates that the city is rapidly developing westwards and the demand for commercial space is further increased by districts emerging in the vicinity.
According to the developer of the technological park, the premises of Tähetorni Technology Park will quickly find tenants, because there are few alternatives in the area. "When we look at the vicinity of Tallinn, there are vast industrial and technological parks stretching southwards and eastwards, but there is still a lack of modern commercial space on the western side of the capital,” explained Madis Lett, project manager at Favorte, which is developing the Technology Park. Nevertheless, the area is becoming increasingly attractive to businesses thanks to the Haabersti roundabout and the surrounding shopping centres and residential areas. "For instance, we currently only have the last two stock-office premises to let in the second building," Lett added.
“More and more people want their work and home to be close to each other, since it makes no sense to spend daily hours in traffic. However, in the case of the Tähetorni Technology Park, the location benefits from a good connection to all major highways via the Tallinn roundabout and public transport connections are being constantly developed,” Lett explained.
The goal of the developer when establishing the Tähetorni Technology Park was to provide suitable premises for companies of different types: manufacturing companies have access to significantly higher than average supply of electricity, water and natural gas, while the aesthetics and visibility of the business campus make it well-suited to businesses looking for retail space, a representative office or regular office space. "Considering there is space and we desire to make the technological park available to the rest of the city and just the same make it a pleasant environment for the employees of the technology park, in the future, we will see cafés and commercial companies running on our premises," said Lett.
Up to this date, the first stage of the infrastructure has been installed – traffic lights and junction on Paldiski highway and Härgmäe Street serving four buildings. To this date, the first Härgmäe 21 building has been completed and a total of 60,000 square metres of commercial space is under construction. The Härgmäe 22 building, which received the rafters, will be completed in March and the sale of premises in Härgmäe 24 will begin in the next quarter. Mitt & Perlebach is the builder company of the Härgmäe 22 buildings.