Open investment opportunities

Oulu station centre 2025 – modern & versatile central station
Oulu station centre 2025 – modern & versatile central station

Commercial and Leisure Projects

For: Developers, Investors, Operators, Financiers

Seaside tower hotel business, tourism & sea sights
Seaside tower hotel business, tourism & sea sights

Commercial and Leisure Projects

For: Developers, Investors, Operators, Financiers

Park hotel serenity within the city
Park hotel serenity within the city

Commercial and Leisure Projects

For: Developers, Investors, Operators, Financiers

Oritkari logistics hub of Northern Scandinavia
Oritkari logistics hub of Northern Scandinavia

Industrial and Logistics Projects

For: Developers, Investors, Operators, Financiers

Nallikari 2020 high-quality seaside resort
Nallikari 2020 high-quality seaside resort

Commercial and Leisure Projects

For: Developers, Investors, Operators, Financiers

Maikkula Estate – Nature’s wonders in the centre of city
Maikkula Estate – Nature’s wonders in the centre of city

Commercial and Leisure Projects

For: Developers, Investors, Operators, Financiers

Oulu for Data Center Investors
Oulu for Data Center Investors

Data Center Investments

For: Developers, Investors, Operators, Financiers

Data Center – Rusko site key parameters
Data Center – Rusko site key parameters

Data Center Investments

For: Developers, Investors, Operators, Financiers

Kalevala Park
Kalevala Park

Commercial and Leisure Projects

For: Investors

Market Square District
Market Square District

Commercial and Leisure Projects , District Development Project , Public Project, PPP

For: Developers, Investors, Operators, Financiers

Raksila
Raksila

Commercial and Leisure Projects , District Development Project

For: Developers, Investors, Operators, Financiers

Varjakka Island
Varjakka Island

Commercial and Leisure Projects , District Development Project

For: Developers, Investors

Oulu station centre 2025 – modern & versatile central station

Oulu’s Station Centre’s architectural competition received several high-quality contestants, from which ‘Tervatynnyrit’, tar barrels in Finnish, was picked as the unanimous winner. It oozes with the history of the city as a tar city, and the Station Centre will be a functionally versatile whole where transport, jobs, services, and accommodation come together. It will also unify the traditional building base of Raksila district and the well-defined City centre grid plan identity.

  • Investment opportunity of approx. 200 million euros
  • Located at the very centre of the city at the reach of every mode of transport
  • High-level area regarding functionality, cityscape, and architecture
  • Commercial space 29,500 m2 GFA
  • Communal/public spaces 4,100 m2 GFA
  • Housing area 46,700 m2 GFA

Commercial and Leisure Projects

For: Developers, Investors, Operators, Financiers

Contact information
Mr. Matti Matinheikki
Director, Urban & Environment Services, City of Oulu
Tel. +358 44 703 2010
matti.matinheikki@ouka.fi

Ms. Seija Haapalainen
Senior Consultant, Relocation Services, BusinessOulu
Tel. +358 50 361 4791
seija.haapalainen@businessoulu.com

Seaside tower hotel business, tourism & sea sights

The unique shaped architecture of the hotel is inspired by the Gulf of Bothnia. The hotel rooms are located in the higher part of the building, providing spectacular unobstructed views for the dwellers. The lower part of the building consists mainly of supporting functions and conference facilities. The restaurant and spa-facilities are situated on the top of the building – with an amazing panoramic view over the whole city of Oulu.

  • Investment opportunity of approx. 50 million euros
  • Located on a superior building site in the vicinity of Oulu City Theatre and the Oulu City Library next to the seaside
  • The city center is located just a few steps away from the seaside
  • The Marketplace of Oulu is located next to the hotel
  • Number of floors: 22
  • Total floor space area: 15,000 m2
  • Number of hotel rooms: 250

Commercial and Leisure Projects

For: Developers, Investors, Operators, Financiers

Contact information
Mr. Matti Matinheikki
Director, Urban & Environment Services, City of Oulu
Tel. +358 44 703 2010
matti.matinheikki@ouka.fi

Mr. Pave Mikkonen, Architect | Pave Architects | Tel. +358 40 521 9300
pave.mikkonen@pavearchitects.com | www.pavearchitects.com

Ms. Seija Haapalainen
Senior Consultant, Relocation Services, BusinessOulu
Tel. +358 50 3614 791
seija.haapalainen@businessoulu.com

Park hotel serenity within the city

The dynamicly shaped structure has a strong and recognizable main entrance carved into the main building form. The warm wood cladding in the entrance creates an excellent contrast for the delicate glass façade of the building. The hotel itself consists of two parts and the restructured section is displayed behind the new building mass in the picture.

  • Investment opportunity of approx. 30 million euros
  • Located in the immediate vicinity of the Oulu city center, next to the Hupisaaret Islands
  • The tourist attractions in the area include the greenhouses of the city gardens, an arboretum and the Northern Ostrobothnia Museum
  • Number of floors: 8
  • Total floor space area: 10,400 m2
  • Number of hotel rooms: 200

Commercial and Leisure Projects

For: Developers, Investors, Operators, Financiers

Contact information
Mr. Matti Matinheikki
Director, Urban & Environment Services, City of Oulu
Tel. +358 44 703 2010
matti.matinheikki@ouka.fi

Mr. Pave Mikkonen,
Architect, Pave Architects
Tel. +358 40 521 9300
pave.mikkonen@pavearchitects.com

Oritkari logistics hub of Northern Scandinavia

Oulu is one of the most important nodal points of logistics in the northernmost Europe. Oritkari logistics area has excellent connections and accessibility from the main road and the railway network. The port of Oulu is the biggest container port of Northern Finland. Port of Oulu and Oritkari logistics area provides a gateway to the northern areas of Finland, Sweden, Norway, and the northwestern Russia. The combined transport terminal is also located in the area.

Investment opportunity of approx. 50 million euros

  • Building volume
  • 22,000 m2 warehouse / terminal
  • 7,000 m2 office space / port house
  • Lettable areas
  • 44,000 m2
  • 22,000 m2

Industrial and Logistics Projects

For: Developers, Investors, Operators, Financiers

Contact information
Mr. Matti Matinheikki
Director, Urban & Environment Services, City of Oulu
Tel. +358 44 703 2010
matti.matinheikki@ouka.fi

Mr. Janne Ylitalo
Service manager, Investments, BusinessOulu
Tel. +358 40 099 9523
janne.ylitalo@businessoulu.com

Nallikari 2020 high-quality seaside resort

100 million euro investment opportunity – Nallikari resort has superb possibilities for developing and diversifying tourism, training and education, sports, leisure and recreational facilities. The resort’s attractiveness and tourism competitiveness will also be improved by supplementing available services with new functions, and by ensuring effortless accessibility with different modes of transport.

  • Investment opportunity of approx. 100 million euros: Hotel, themed amusement park, holiday villas, theatre, restaurant and other services
  • Beautiful seaside location, 3 kilometres from the city centre
  • Area of 95 hectares
  • Total building area 75,000 m2
  • Break Sokos Hotel Eden situated in the area
  • Nallikari Holiday Village with 24 villas and 28 cottages
  • Beach, wide range of outdoor, restaurant and recreational services
  • Variety of events around the year, e.g. Nallikari Winter village.

Commercial and Leisure Projects

For: Developers, Investors, Operators, Financiers

Contact information
Mr. Matti Matinheikki
Director, Urban & Environment Services, City of Oulu
Tel. +358 44 703 2010
matti.matinheikki@ouka.fi

Mr. Jyrki Kemppainen
Key Account Director, BusinessOulu
Tel. +358 44 499 3296
jyrki.kemppainen@businessoulu.com

Maikkula Estate – Nature’s wonders in the centre of city

The mansion is full of interesting history of Oulu region by the banks of Oulu river. The present facilities host annually more than 300 meetings, events, weddings, and other experiences. The next level development of Maikkula Mansion consists of new housing-projects, activities and a hotel for those wanting exceptional atmosphere. It will be an investment that is something totally different. It will be a high-class location reaching for something extraordinary new.

  • Evaluated total investment over 20 million euros
  • 14 hectare area on the Oulu river banks
  • New construction permit in the new urban area zoning plan for almost 9,000 m2 GFA’
  • Estate hotel, with approx. 60 rooms / 120 beds
  • Holiday village, 16 lodging buildings with a total of
  • 40 holiday apartments / up to 200 beds
  • Additional service buildings and premises
  • 7 km away from city centre
  • 20 minutes drive from the airport
  • Estate history reaches back to the 17th century
  • Several different sized historical facilities accommodating groups of up to 550 person

Commercial and Leisure Projects

For: Developers, Investors, Operators, Financiers

Contact information
Maikkula Estate
maikkulankartano@maikkulankartano.fi
Tel: +358 447 403 550

Mr. Jyrki Kemppainen
Key Account Director, BusinessOulu
Tel. +358 44 499 3296
jyrki.kemppainen@businessoulu.com

Oulu for Data Center Investors

Ten solid facts why Oulu is the ideal location for your data center

1.    100 % green energy with competitive pricing.
2.    500+ MW of green energy available instantly from hydroelectric plants in the Oulu river.
3.    Extremely robust power grid –built for paper mills.
4.    Free air cooling 12 months of the year.
5.    Utilization of excess heat in district heating.
6.    Excellent fiber-optic connectivity east and west.
7.    Multiple greenfield and brownfield site location options.
8.    Stable bedrock.
9.    International connections & high-tech culture.
10.  Existing supplier networks, availability of skilled workforce

Excellent fiber connectivity East & West

  • FICIX3 internet hub in Oulu, all major operators present.
  • All major European and Russian cities within 45ms latency ”reach” (roundtrip average).

International reach, high tech culture

  • Hosts world leading high tech companies (Nokia, TI, ARM, Mediatek, Spreadtrum, F-Secure etc.)
  • Airport with daily international flights.
  • International schools for all grades available.
  • Two technical universities, 34% of population with university degree (EU average 20%).

Data Center Investments

For: Developers, Investors, Operators, Financiers

Contact information
Tommi Kiviniemi, Project Manager
+358 50 4855652
tommi.kiviniemi@oulunenergia.fi

Data Center – Rusko site key parameters

Site & Location

  • RUSKO (65.05657, 25.579605)
  • Greenfield, 67 hectares buildable area. Owned by city of Oulu.
  • Industrial zone, logistics hub & light industry area.
  • Suitable and ready for datacenter construction.
  • 6km from city center, 19km from airport.

Power

  • 500+ MW of green energy available instantly from hydroelectric plants
  • 150MW+, proximity to Fingrid substation.
  • 99,9998% reliability can be guaranteed through Fingrid Leväsuo access (multiple 110kV feeds).
  • Existing Oulun Energia power network to site, up to 20MW available as of today from the grid.

Cooling & Water

  • Free air cooling opportunity 12 months / year.
  • Dedicated pipeline access to river Oulu.
    Redundancy through district water pipeline access.
  • Option for waste heat recapture & re-use in district heating network

Connectivity

  • Oulu FICIX hub provides redundant access with 100G+ connectivity from 5 different operators.
  • 3 separate physical fiber routes from site to major
    EMEA cities, e.g. Dublin, Amsterdam, Paris

Time frame

  • Industrial zone, lot owned by city of Oulu -> fast & guaranteed ramp-up.
  • Infrastructure existing to adjacent lot.
  • Environmental permitting not needed
  • Land Use planning ready by end of 2016
  • A strong community support for data centers and investment grant package to offer.

Data Center Investments

For: Developers, Investors, Operators, Financiers

Contact information
Tommi Kiviniemi, Project Manager
+358 50 4855652
tommi.kiviniemi@oulunenergia.fi

Kalevala Park

Kalevala Park implements the epic experience environment and so enables you to escape to the World of Kalevala, land of the Nordic myths and stories of heroes.

Kalevala has inspired hundreds of thousands of adults and children, e.g. J.R.R. Tolkien’s The Lord of the Rings.

Kalevala Park initially consists of three operational areas.

Kalevala Village is a middle age themed area including an event square, theme restaurants, souvenir shops and indoor ride premises. Ilmarinen’s Smithy area provides high value themed amusement rides. For example a roller coaster that has been selected the coaster of the year in Europe.

Kalevala World is a high standard themed adventure area.

The growth plan includes the implementation of the Land of Pohjola that will be a theme park area including new theme rides.

For investors

Total investment is €15 M in phase 1. Equity need is €6 M. The target visitor amount is 200,000 for the first year. It will make ~€6 M revenue. The project has a possibility to get investment funds from the state of Finland and the EU. The project will provide a good return of equity and solid exit opportunity to the investors.

Project time frame

The zoning process of the area will be finalized during the year 2016. Opening of the park is targeted to be in 2019.

Commercial and Leisure Projects

For: Investors

Contact information
Pellepyy Oy
Mr. Jyrki Suutari
Phone: +358 45 670 0899
Email: jyrki.suutari@gmail.com

Market Square District

Oulu Market Square is an interesting space, being a versatile centre of high-quality marketplace activities and events, with multiple functions and outstanding maritime atmosphere.

Oulu Market Square has a long history as the stage for various events and transactions. Over the years, the district has gone through a lot of changes. The next step is to extend the use of the market square to all-year use with a market square hotel and winter markets.

In autumn 2015, Oulu University students of architecture were invited to take part in a competition aiming at envisaging all-year round use of the marketplace as well as the integration of housing, trade and services with all the other functions of the market square and its vicinity.

In spring 2016 residents and decision-makers will be inquired about their opinion on the improvement of the market square district.

Commercial and Leisure Projects , District Development Project , Public Project, PPP

For: Developers, Investors, Operators, Financiers

Contact information
Sari Matinheikki, Kehittämispäällikkö,
Oulun kaupunki,
puh: 044 703 2014.

Timo Mukari, Projektikoordinaattori,
6Aika strategia,
puh: 050 465 9025

Raksila

Plans for Raksila district will be carried out in three stages. The 1st stage will cover Raksila Supermarkets, 2nd stage (the area around rail track) is included in the Station Zone Project. The 3rd stage will cover sports and recreation facilities. Modernisation of commercial premises and building of residential complexes is being planned for the supermarket block. Raksila district shall be developed with a view on contacts with Oulu Health Centre in Kontinkangas, services promoting health and sports activities supporting wellbeing.

Commercial and Leisure Projects , District Development Project

For: Developers, Investors, Operators, Financiers

Contact information
City of Oulu/zoning architect Jere Klami

Varjakka Island

The vision is to develop Varjakka into a center for adventure tourism based on history, culture, nature and the sea.

According to the vision, Varjakka will be a major tourist attraction in the future, offering a historic, refurbished sawmill environment, holiday accommodation and unique nature. A marine center with a small-boat harbour will also be located on the island. Therefore, maritime atmosphere and boating are the key elements in the development of the island.

The aim is to combine nature, recreation and tourism. This could be manifested in different forms of architecture, art and culture.

The Varjakka tourist area is located in Oulu, the capital of Northern Finland. It is located by the Gulf of Bothnia, about 7 km south-west of Oulu center. The distance from the city center is about 20 km. The area includes part of the so-called Varjakanniemi, the eastern part of the island as well as the stretch of water between these two. The scope of the area is about 120 hectares, mainly owned by the City of Oulu.

A culturally and historically valuable sawmill was closed down nearly 100 years ago, but its remains are still visible in the area. There are still 14 buildings dating back to the days of the old sawmill in the area. The area is classified as a nationally valuable cultural environment and built heritage. In addition, Varjakka is located right next to Liminka Bay, a unique bird habitat and wetland, even on the global scale.

The region has four strong seasons, warm summers and snowy winters. When the sea is frozen in the winter, the island is accessible by car along an ice road. The frozen ice enables a wide variety of winter sports and outdoor activities. The need for building a bridge connection to the island will be evaluated together with the elected partner.

The City of Oulu has an open call for a co-operation partner with the aim of finding a suitable developer for the area.

The idea is that the selected partner will refurbish the old buildings in the area, build new holiday apartments/homes and will be responsible for costs of municipal engineering in the area.

We hope that the new partner will have an innovative and open-minded approach to developing the island into an attractive and international tourist destination!

Commercial and Leisure Projects , District Development Project

For: Developers, Investors

Contact information
Jyrki Kemppainen, Key Account Director, Trade and Services, Travel and logistics
BusinessOulu
tel. +358 44 4993 296
jyrki.kemppainen@businessoulu.com