YIT and TK Säätiösijoitus Oy have signed a contract for the implementation of the Kulttuuriparkki parking facility in the eastern center of Turku, in the immediate vicinity of the music hall under construction Fuuga, the Turku City Theatre and the Government agency building. TK Säätiösijoitus Oy is an investor group consisting of Turku-based foundations, compiled by TK Asset Management Oy, a member of the Tuloskiinteistöt group. The project will be carried out as a design-build contract, where the developer will also be responsible for the planning of the site. The parties have agreed that the transaction value will not be published.

The scope of the project is approximately 7 000 square meters, and the building will have parking spaces for approximately 230 cars. The parking facility will have 20 charging points for electric cars when the building is completed, and the number of charging points can be expanded later if necessary.

"We are happy to be involved in developing the centre of Turku. For us, the Kulttuuriparkki is a significant project that combines technical know-how and responding to the needs of the area. The parking facility brings smoothness to everyday life and supports the operating prerequisites of the area's cultural services," said Jyrki Meri, YIT's Regional Director for Southwest Finland.

"Kulttuuriparkki is a long-awaited solution that responds to the growing need for parking and at the same time supports the development of the entire district. The project improves services and accessibility, especially in the surroundings of the music house, theatre and office building," said partner Kalle Hallanoro at TK Asset Management Oy.

The estimated start of the construction work is September 2025, and the work is due to be completed in the autumn of 2026. When the building is completed, the parking operator will be Aimo Park.

For more 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, spaces 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.

Learn more: www.yitgroup.com/fi and follow us on LinkedIn I X I Instagram I Facebook