Construction Agreement for Innovative Office Building
In a significant move for the Estonian construction sector, AS Merko Ehitus Eesti, a key player in the industry, has signed a vital agreement with Mainor Ülemiste AS. This partnership will bring forth a state-of-the-art office building located at Lõõtsa 1 B/C in Tallinn. The ongoing commitment to innovation and efficiency in construction marks this project as a pivotal development for the region.
Details of the Design and Construction Contract
The contract stipulates the construction of an impressive 13-storey, two-tower office structure. This modern architectural marvel, named after the notable Viktor Masing, will boast a substantial gross floor area of 27,300 square meters. Committed to sustainability, this endeavor is set to achieve an A-energy class rating and seeks LEED Gold certification, underscoring its energy-efficient design and operational excellence.
Financial Aspects of the Project
Valued at approximately EUR 35 million, plus VAT, this significant investment illustrates the potential impact on the local economy. Construction activities are expected to wrap up by November 2027, bringing to fruition a space that is poised to redefine the working environment in Tallinn.
About AS Merko Ehitus Eesti
AS Merko Ehitus Eesti is recognized as a leader in the Estonian construction industry, providing services across general construction, civil engineering, and residential projects. Their commitment to quality and sustainability sets them apart as a trusted partner in large-scale developments.
Key Management and Contact Information
To gain further insights about this ambitious project, the member of the Management Board, Mr. Veljo Viitmann, can be reached at +372 680 5105. For inquiries on financial matters, Urmas Somelar, Head of Finance at AS Merko Ehitus, is available at +372 650 1250 or via email at urmas.somelar@merko.ee.
Merko Group’s Broader Impact
AS Merko Ehitus, part of a larger group focused on construction and real estate development, is instrumental in shaping the infrastructure landscape across Estonia, Latvia, and Lithuania. At the close of 2024, the group is projected to employ around 605 individuals, with anticipated revenues reaching EUR 539 million for the year. Their focus on creating a better living environment demonstrates a commitment not only to their bottom line but also to community improvement.
Frequently Asked Questions
1. What is the location of the new office building?
The new office building is being constructed at Lõõtsa 1 B/C in Tallinn, Estonia.
2. How tall will the building be?
This office building will stand 13 stories tall, featuring two towers.
3. What is the estimated completion date for the project?
Construction is expected to be completed by November 2027.
4. What energy efficiency rating is the building aiming for?
The building aims for an A-energy class rating and is pursuing LEED Gold certification.
5. How can I contact AS Merko Ehitus for more information?
For more details, you can contact Mr. Veljo Viitmann at +372 680 5105 or reach out to Urmas Somelar at +372 650 1250.
