“It’s an honor for NCC to renovate this building, which has great historical significance and was designed by the famous architect Eliel Saarinen. In cooperation with Exilion and Scandic Hotels, whose collection the new hotel will belong to, we will surely transform this building into a landmark hotel in the heart of Helsinki,” says Mika Soini, Head of NCC Building Finland.

Renovation work will commence by the end of 2018. The new hotel will be ready at the turn of the year 2020-2021.

The office building is situated at the main railway station. Ever since the premises were built in 1909, they have been occupied by VR Group, which is the state-owned railway travel and logistics company. Because of the history of the building, the most significant parts like corridors, main stairs and original furniture will be preserved in the renovation. The project team will work in close cooperation also with the National Board of Antiquities and the City of Helsinki.

The total order value is MSEK 700 (EUR 68.6M) and will be registered in the fourth quarter of 2018 in the NCC Building Nordics business area.