Espoo s housing market maintained a robust pace in 2023, with the completion of 5,507 dwellings, nearly matching the record set in 2022, when 5,625 dwellings were finished. This marks the third consecutive year where the number of completed dwellings in Espoo has surpassed the 5,000 mark.
The composition of the completed dwellings in 2023 was diverse. Non-subsidised all-rental buildings accounted for 2,364, or 43%, of the dwellings.
A major milestone in Helsinki s public transportation is set to be achieved as the high-speed tram line, known as Line 15, connecting Itäkeskus in Helsinki to Keilaniemi in Espoo, is scheduled to commence its operations on Saturday, October 21. This new 25-kilometer tram line will introduce tram services to entirely new areas while also providing convenient interchange connections with both the metro and commuter trains.
The Raide-Jokeri light rail line is playing a pivotal role in the development and growth of Keilaniemi, Otaniemi, and Leppävaara in Espoo. This ambitious light rail project has sparked increased construction activities, the establishment of new housing and workplaces, and the expansion of services along its route, fostering further urbanization.
Connecting Keilaniemi, Otaniemi, and Leppävaara, which serve as Espoo s technological and innovation hubs, the new light rail connection to Itäkeskus in Helsinki is vital for promoting these areas growth.
SRV GROUP PLC INVESTOR NEWS 16 MAY 2023 12:05 EEST SRV sells a housing portfolio to eQ - The sale includes two residential buildings in Tampere and Espoo
. | May 16, 2023
Test runs on the Jokeri Light Rail line start in Espoo on 1 February. The light rail is an important new means of transport in Espoo and supports the city’s goal of carbon neutrality.
Running from Keilaniemi in Espoo to Itäkeskus in Helsinki, the Jokeri Light Rail will improve rail transport connections and increase the punctuality, capacity and comfort of cross-town transport services. The new rail line will connect Espoo’s most significant tech job clusters in Keilaniemi, Otaniemi and Leppävaara.