“We are happy that we now can move forward with the hotel in Vaasa,” says Rick van Erp, CEO of the Odyssey Hotel Group.

“The hotel will be an important part of Wasa Station, so we are pleased to welcome Odyssey as a hotel operator to Ostrobothnia and Vaasa,” says Regional Director Mikael Snellman from YIT.

YIT is planning to build Wasa Station, a new urban multipurpose block spread over three hectares at the site of the old bus station in Vaasa, Finland. When completed, Wasa Station’s 25-storey tower would be a local landmark.

YIT and the City of Vaasa signed a letter of intent regarding the project in August 2014 and an implementation agreement in summer 2017. The area has been zoned and the application for a building permit is subject to, among other things, the City of Vaasa making a decision on the construction of a music and congress centre with a total floor area of approximately 10,000 m2.

YIT’s previous pre-agreements related to the same development project include an agreement with Kesko on leasing retail space in the Wasa Station shopping centre.

The plan for Wasa Station is to create a meeting place and event centre that includes a music and congress centre as well as sports and multipurpose facilities. The tower at the southern end of the block will consist of a hotel with approximately 100 apartments above it.

A service and shopping centre is planned for the middle of the block.