YIT has started the construction of a self-developed apartment building called Asunto Oy Espoon Vesta in the Marinranta block, in Kivenlahti, Espoo. A total of 30 homes will be built in the eight-story residential building. The value of the project is approximately EUR 15 million. The homes are slated for completion by the end of 2026.

The apartment building, located near the sea and the metro station, will house a living area of approximately 2,500 square meters. Espoo's Vesta apartments will be 59-148.5 square meters in size, and residents can select their new home from a variety of floor plans ranging from two to six rooms. In the Marinranta block, the shared spaces are also first class in quality. Residents will have access to the block's joint lounge space, a fitness facility, three saunas and a hotel-level guest room.

The house will be built in line with the A energy class requirements, and solar panels will be mounted on the roof to generate some of the energy required by the property. Apartment-specific monitoring of cold and hot water consumption will help save water. A carbon footprint calculation has been made for the project, helping in the choice of materials that burden the environment less during the construction phase. During construction, only electricity generated with wind power will be used on the worksite and at least 75% of the waste generated on the worksite will be sorted for recycling. Vesta's parking spaces will be built in a common parking garage in the area and have reservations for a charger for electric vehicles. For added comfort, the housing company will be smoke-free, which has also been recorded in its articles of association.

"It's great that we're able to launch a new YIT self-developed project in Espoo. Espoo's Vesta will be located along excellent transportation connections amid coastal landscapes, next to a marina. The 40 km long Espoo waterfront route with its cafés runs in front of the area, and the Kivenlahti beach is within walking distance. The hybrid arena Hype, with its services, is located nearby, and the local amenities will increase with the completion of the new Kivenlahti metro station business center," says Esa Turkka, a head of unit at YIT.

Previously, YIT has implemented seven sites in the same Marinranta area: Asunto Oy Neptus, Apollo, Selene, Helios, Kronos, Poseidon and Notos.

Learn more:
Vesta - Marinranta - YIT Home | YIT.fi

Further information:
YIT Group Communications, tel. +358 44 743 7536, press@yit.fi

We build and develop sustainable living environments: functional and comfortable real estate as homes, public and commercial buildings for future needs, infrastructure to promote the green transition, and industrial, production and energy facilities to support our customers' processes. YIT's vision is to be the most competent partner in the development of sustainable homes, facilities and cities - for a good life. The company employs around 4,100 professionals, and in 2024 our turnover was EUR 1.8 billion. YIT's shares are listed on Nasdaq Helsinki.

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