TALLINN — Just like Narva’s Kreenholm textile factory area and Riga’s warehouse district, an old wool factory complex in Tallinn is being transformed into what will be the city’s tallest skyscraper.

The Tallinn municipal government announced Tuesday that construction plans for the project are ready to be validated. The complex’ blueprint was initiated back in 2007 by K-Projekt AS, who are developing the project with Phoenix Land AS, a part of the Tolaram Corporation in Singapore. The 60-floor skyscraper will be located on [private_supervisor]Sitsi Hill in Tallinn’s Kopli borough, and will involve the renovation of old cotton factory buildings on-site.

The design of the high-rise has not been determined yet — the municipal government said an international contest will be held and the best design picked out of the entries.

Taavi Aas, deputy mayor of Tallinn told press that northern Tallinn is missing an attractive multifunctional center, and the aim is to develop the Sitsi hill area into a borough center, like Rocca al Mare region in Haabersti borough.

“The purpose is creating a diverse and quality environment,“ said Aas.

The area is located at the heart of Kopli borough on the former Balti Manufaktuur’s territory. The neighborhood is already a ragtag mix of architecture, with 19th and 20th century buildings along with over-the-top Stalinist construction from the late 1940s and 50s and to stark latter-day Soviet concrete heaps from the 70s.

Tarmo Siimsaare, director of architectural planning department at K-Projekt AS said that the valuable buildings in the area will not be demolished, but the old buildings will meet the new.

“The whole idea of reconstructing the old Balti Manufaktuur’s buildings is that the old buildings would melt with the new ones, just like the Luther quarters in Ülemiste region,” Siimsaare told Baltic Reports.

Mystery price tag

The developer is not revealing any amounts how much the whole construction or even the first part of it should cost.

“It is a huge project divided in several different stages and as the prices have changed in the terms of the crisis, then the previous cost is no longer adequate. The new budget will be made shortly,” Tarvo Teder, CEO of Phoenix Land told Baltic Reports.

Teder said that the first phase is the reconstruction of old wool factory, and the construction will start as soon as possible until the construction prices are still favorable. [/private_supervisor] [private_subscription 1 month]Sitsi Hill in Tallinn’s Kopli borough, and will involve the renovation of old cotton factory buildings on-site.

The design of the high-rise has not been determined yet — the municipal government said an international contest will be held and the best design picked out of the entries.

Taavi Aas, deputy mayor of Tallinn told press that northern Tallinn is missing an attractive multifunctional center, and the aim is to develop the Sitsi hill area into a borough center, like Rocca al Mare region in Haabersti borough.

“The purpose is creating a diverse and quality environment,“ said Aas.

The area is located at the heart of Kopli borough on the former Balti Manufaktuur’s territory. The neighborhood is already a ragtag mix of architecture, with 19th and 20th century buildings along with over-the-top Stalinist construction from the late 1940s and 50s and to stark latter-day Soviet concrete heaps from the 70s.

Tarmo Siimsaare, director of architectural planning department at K-Projekt AS said that the valuable buildings in the area will not be demolished, but the old buildings will meet the new.

“The whole idea of reconstructing the old Balti Manufaktuur’s buildings is that the old buildings would melt with the new ones, just like the Luther quarters in Ülemiste region,” Siimsaare told Baltic Reports.

Mystery price tag

The developer is not revealing any amounts how much the whole construction or even the first part of it should cost.

“It is a huge project divided in several different stages and as the prices have changed in the terms of the crisis, then the previous cost is no longer adequate. The new budget will be made shortly,” Tarvo Teder, CEO of Phoenix Land told Baltic Reports.

Teder said that the first phase is the reconstruction of old wool factory, and the construction will start as soon as possible until the construction prices are still favorable. [/private_subscription 1 month] [private_subscription 4 months]Sitsi Hill in Tallinn’s Kopli borough, and will involve the renovation of old cotton factory buildings on-site.

The design of the high-rise has not been determined yet — the municipal government said an international contest will be held and the best design picked out of the entries.

Taavi Aas, deputy mayor of Tallinn told press that northern Tallinn is missing an attractive multifunctional center, and the aim is to develop the Sitsi hill area into a borough center, like Rocca al Mare region in Haabersti borough.

“The purpose is creating a diverse and quality environment,“ said Aas.

The area is located at the heart of Kopli borough on the former Balti Manufaktuur’s territory. The neighborhood is already a ragtag mix of architecture, with 19th and 20th century buildings along with over-the-top Stalinist construction from the late 1940s and 50s and to stark latter-day Soviet concrete heaps from the 70s.

Tarmo Siimsaare, director of architectural planning department at K-Projekt AS said that the valuable buildings in the area will not be demolished, but the old buildings will meet the new.

“The whole idea of reconstructing the old Balti Manufaktuur’s buildings is that the old buildings would melt with the new ones, just like the Luther quarters in Ülemiste region,” Siimsaare told Baltic Reports.

Mystery price tag

The developer is not revealing any amounts how much the whole construction or even the first part of it should cost.

“It is a huge project divided in several different stages and as the prices have changed in the terms of the crisis, then the previous cost is no longer adequate. The new budget will be made shortly,” Tarvo Teder, CEO of Phoenix Land told Baltic Reports.

Teder said that the first phase is the reconstruction of old wool factory, and the construction will start as soon as possible until the construction prices are still favorable. [/private_subscription 4 months] [private_subscription 1 year]Sitsi Hill in Tallinn’s Kopli borough, and will involve the renovation of old cotton factory buildings on-site.

The design of the high-rise has not been determined yet — the municipal government said an international contest will be held and the best design picked out of the entries.

Taavi Aas, deputy mayor of Tallinn told press that northern Tallinn is missing an attractive multifunctional center, and the aim is to develop the Sitsi hill area into a borough center, like Rocca al Mare region in Haabersti borough.

“The purpose is creating a diverse and quality environment,“ said Aas.

The area is located at the heart of Kopli borough on the former Balti Manufaktuur’s territory. The neighborhood is already a ragtag mix of architecture, with 19th and 20th century buildings along with over-the-top Stalinist construction from the late 1940s and 50s and to stark latter-day Soviet concrete heaps from the 70s.

Tarmo Siimsaare, director of architectural planning department at K-Projekt AS said that the valuable buildings in the area will not be demolished, but the old buildings will meet the new.

“The whole idea of reconstructing the old Balti Manufaktuur’s buildings is that the old buildings would melt with the new ones, just like the Luther quarters in Ülemiste region,” Siimsaare told Baltic Reports.

Mystery price tag

The developer is not revealing any amounts how much the whole construction or even the first part of it should cost.

“It is a huge project divided in several different stages and as the prices have changed in the terms of the crisis, then the previous cost is no longer adequate. The new budget will be made shortly,” Tarvo Teder, CEO of Phoenix Land told Baltic Reports.

Teder said that the first phase is the reconstruction of old wool factory, and the construction will start as soon as possible until the construction prices are still favorable. [/private_subscription 1 year]

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