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PRESS RELEASE: Capital Mill is aiming for a change of mindset with eco-friendly office building

Capital Mill’s environment-friendly office building by the Järvevana Road in Tallinn has a potential of becoming a trendsetter for working environments away from the city centre hustle and bustle, offering a number of eco-friendly solutions.

The Järvevana Road 7B office building stands out with its several unexpected features, from the collection of rainwater that is used as utilities water, to solar panels and energy-storing design.

According to Igor Mölder, Managing Director of Capital Mill, Järvevana Road 7B is a pioneering office building project not just in Estonia but also in the wider region, supporting a change of mindset towards a nature-friendly and high-quality working environment.

“Capital Mill’s business and success is based on close cooperation with tenants, in order to create the most suitable and high-quality conditions for them. Be Hepsor praised and thanked for launching this project. The goal of our company is always to go a step further and create a working environment that takes into account not only the practical needs of workers, but also the wider surrounding area. Järvevana Road 7B perfectly fits into the vicinity of the Lake Ülemiste both in content and form,” said Mölder.

Solar panels have been installed on the roof of the Energy Class A building, in order to reduce the monthly costs, and nearly 75% of the building’s utilities’ water is collected rainwater. The biggest special feature of the building is the first energy-storing structure ever seen in Estonian office buildings. Järvevana Road 7B is also the largest office building in Estonia, that has the heating and cooling solutions based completely on a geothermal heating system, with a 10,000-metre geothermal heating piping system installed in the ground.

One of the biggest tenants of Järvevana Road 7B is Toyota Baltic AS, which replaced its former city centre office with the green areas of Ülemiste. According to Marek Maide, Board Member of the company, they looked carefully for new premises, because in addition to the reasonable price and up-to-date conditions it was also important that the building had to meet Toyota’s fundamental values.

“Toyota is guided in its activities by its commitment to sustainability, with a goal of creating sustainable and safe products while caring for nature and the environment. In practice, one of the manifestations of this has been the development of environmentally sustainable automotive technologies such as hybrid and hydrogen technology, which has by now reached the stage where we see a change in people’s mindset and its expression in sales volumes,” Maide said. “Toyota’s environment-friendly and innovation-oriented way of thinking has to be expressed at all levels of our activities.

Therefore, one of the most progressive office buildings in Estonia, based on the ecological concept, fitted well with Toyota’s own values. We exchanged the benefits of the rental space in the city centre happily for Järvevana 7B, where smart solutions and caring for nature are the key notions.”

The project initiated by Hepsor OÜ reached the Capital Mill portfolio in its final stage. Capital Mill, which with its Navigator and Explorer commercial buildings set the standard for the port area that is developing into the business centre of the capital city, considers the Järvavana Road 7B building an example, which has a quality that all companies looking for office space a bit away from the city centre should demand.

“Järvevana Road 7B provides maximum energy efficiency by combining unique solutions, while guaranteeing also low auxiliary costs and a good indoor climate,” said Mölder. “A smart employer knows that work can be effective only if the conditions for doing it are of high quality. Adding low costs to the equation, the result can be better than just the sum of the addends.”

The total rental area of Järvevana Road 7B amounts to nearly 5,900m2; the size of the property is nearly 10,700m2. The biggest among the 18 tenants are Toyota Baltic, Atea, and Ridango.

Mitt & Perlebach OÜ did the construction work of the building under the management of the developer Hepsor. The architectural bureau Pluss developed the architectural solution.

Capital Mill OÜ was founded in early 2008 to help investors looking to acquire commercial real estate in the Baltic countries and increase their value through high-quality property management services. The founders and partners of the company comprise a team with long-standing real estate and banking experience. The company’s investment portfolio consists of a large number of sought-after business properties in Estonia, Latvia and Lithuania.

Additional information

Igor Mölder

CEO

Capital Mill OÜ

504 2505

igor.molder@capmill.eu

www.capitalmill.eu

Maakri Street’s new skyscraper Skyon received building permit

Skyon, a skyscraper with outstanding architecture at Maakri Street in the heart of Tallinn, developed by Capital Mill, has been issued a building permit. The construction process, that will last for two years, will begin in the first quarter of this year.

The height of the 26-storey Skyon to be erected at Maakri 30 will be 95 meters above ground, making it one of the tallest buildings in the area. Skyon’s slim and slender architecture follows the Scandinavian role models, combining city centre respectability with functionality and reasonability.

According to Silver Neemelo, Construction Manager of Capital Mill, the building permit is a long-awaited message of joy that enables to start with the construction of the ambitious high-rise building.

“Preliminary work to start the construction of Skyon is in the final stages and we are ready to launch construction in the coming months,” said Neemelo. “In the autumn, we carried out archaeological excavations at the site of the future skyscraper, where rare coins, buckles, rings and other objects from the 17th century were discovered. We covered with this a small gap in the capital city’s history, and now we are ready to take a prominent place in the Tallinn skyline.”

Skyon will be built according to the high requirements of the LEED Gold certificate for environmental sustainability, which continues the path that the Navigator and Explorer commercial buildings in the port area started.

An energy-efficient, architecturally attractive building with high-quality office space has been designed and will be constructed following the modelling design or BIM (building information modelling) methodology. BIM makes it possible to minimize design-induced construction failures, which in turn reduces construction costs and unnecessary wastage. In addition to conventional drawings, all construction information is reflected in detail also in 3D models, which can be viewed and used by all parties connected to the building.

 

“Tornimäe is a special and prestigious location that places high expectations on every new building. Our ambition is not only to respond to them, but to bring quality here, which would become a new standard,” added Neemelo. “For Capital Mill, an excellent working environment is important, because only this way, work efficiency can be guaranteed. The high-level architecture created by KOKO architects, which is combined with smart and energy-efficient engineering systems, contributes to this.”

The distinctive feature of Skyon is that it has windows of various shapes, sizes and layouts, which yield a dynamic result in both the exterior and interior, while ensuring energy efficiency. The LED light strips between facade elements create an impressive image in the dark. The main entrance is 11.5 meters high at the corner of Maakri and Tornimäe streets and a distinguished lobby extends through three floors.

Skyon is the ideal choice for small businesses looking for modern, high-quality, affordable office space in the city centre. The total rental area of the building is 8,200 m2. The rental space on the building’s 2nd-4th floor is 1,813 m2, which makes this space suitable for larger companies. In the tower, starting from the 5th floor up, the standard floor’s rental space is 302 m2.

Skyon’s higher floors offer a special view over Tallinn, which small businesses often cannot afford.

The smallest office sizes start from 34 square metres and these have all the amenities and functionalities needed for an office: space for 4 workstations and 4 people for meetings, a toilet, and in addition, it is possible to rent an office with kitchen furniture. Underground floors include parking spaces and rooms for bicycles, toilets and showers.

Sketches can be found in Dropbox at http://bit.ly/Skyonpildid. The sketches have been created by KOKO architects and 3D rendering by White Mammoth. The development’s website is located at  www.skyon.eu.

Capital Mill OÜ was founded in early 2008 to help investors looking to acquire commercial real estate in the Baltic countries and increase their value through high-quality property management services. The founders and partners of the company comprise a team with long-standing real estate and banking experience. The company’s investment portfolio consists of a large number of sought-after business properties in Estonia, Latvia and Lithuania.

 

Additional info

Silver Neemelo

Construction Manager

Capital Mill OÜ

silver.neemelo@capmill.eu

+372 5343 5040