Trevian and SRV to Enhance Oulu with New Experience Arena
Launch of the Oulu Experience Arena Project
The City of Oulu has chosen the Raksila 2.0 business consortium, which includes SRV and Trevian Asset Management, to lead the development of the Oulu Experience Arena project. This initiative aims to establish a multipurpose arena in the vibrant Raksila district, enhancing the city's appeal for both residents and visitors.
Project Timeline and Goals
The development will commence with a two-year phase focused on urban planning and project conceptualization. If everything proceeds smoothly, the construction of the arena is anticipated to begin in 2028, with a target completion date set for 2030. This timeline aligns with Oulu's objective of creating an area that supports various activities and unites the community.
Selection Criteria and Consortium Strengths
Key factors influencing the selection of the Raksila 2.0 consortium included the strength of their project proposal, their business strategy, and the depth of experience in arena projects. The collaboration fuses Trevian's and SRV's expertise, with SRV noted for its successful delivery of prominent projects like the Nokia Arena in Tampere and Trevian's acquisition and subsequent redevelopment of Helsinki's former arena into the Veikkaus Arena.
Community and Economic Impact
Reima Södervall, CEO of Trevian Asset Management, expressed excitement about contributing to Oulu's growth. He emphasized the pivotal role of this arena in enriching living experiences for the city’s residents.
Comments from SRV's Leadership
Hannu Lokka, Senior Vice President at SRV, conveyed appreciation for the trust placed in their consortium by the City of Oulu during the competitive selection process. He noted that their proposal targets not only the architectural plans but also supports the broader urban revitalization initiatives within Oulu.
A Look Ahead for Oulu's Experience Arena
As the project progresses, Trevian sees a unique opportunity to strengthen Oulu's position as a hub for experiences and events in Northern Finland. The Experience Arena is intended to be a state-of-the-art facility catering to sports, cultural events, and community engagements, all while promoting sustainable practices.
Frequently Asked Questions
What is the Oulu Experience Arena project?
The Oulu Experience Arena project aims to build a multipurpose arena in Oulu's Raksila district, enhancing community engagement and event hosting.
Who is developing the Oulu Experience Arena?
The project is being developed by the Raksila 2.0 business consortium, which includes SRV and Trevian Asset Management.
When will construction of the arena begin?
If all goes as planned, construction is expected to start in 2028, with completion targeted for 2030.
What are the goals of the project?
The main goal is to create a vibrant arena that serves sports, culture, and community activities, fostering urban development in Oulu.
Why was the Raksila 2.0 consortium selected?
Selection was based on their comprehensive project concept, strong business strategy, and the combined experience in arena development.
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