Mainor Ülemiste received EUR 3.2 million for the construction of a new multi-storey car park

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Mainor Ülemiste has just signed an EUR 3.2 million loan agreement with SEB to build a new five-storey car park with 453 parking spaces in Ülemiste City. The entire project will be completed in October of this year.

According to Margus Nõlvak, Chairman of the Management Board of Mainor Ülemiste, the construction of the multi-storey car park consists of two stages. The first stage was completed in the summer of 2018, when almost 450 parking spaces were created. The second phase was started at the end of last year, and when the building is completed, almost 450 more parking spaces will be added. It is thus the largest multi-storey car park in Ülemiste City, which will add a total of almost 900 new parking spaces to the campus.

Nõlvak said that the new parking spaces will make the lives of many Ülemiste City employees more comfortable and at the same time help prevent a shortage of parking spaces in the future. ‘The creation of a new multi-storey car park is not due to the lack of parking spaces, because in fact the campus already has almost 300 free parking spaces during peak hours. However, the new building will make the daily lives of many companies and their customers easier. For example, guests and employees of the Öpik commercial building, MyFitness, Ülemiste Health Centre and restaurants Juur, Pomo and NuFace will soon be able to leave their car practically ‘at the door’,’ he said.

After the completion of the multi-storey car park, Ülemiste City’s multi-storey car parks will have a combined 2100 parking spaces. At the same time, the campus will be easily accessible to all those who prefer to use public transport. For example, it is possible to come to the campus by six different bus lines, trams and trains. In addition, the City of Tallinn has announced plans to launch the Haabersti-Mustamäe-Ülemiste City express line, in April.

The construction of the multi-storey car park to be built at Sepise 8 will cost nearly EUR 3.8 million, of which EUR 3.2 million was provided by SEB Bank with a loan agreement. The multi-storey car park was designed by PLUSS Architects and will be operated by Mainor Ülemiste.

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