Object of investments

Investments aplenty

Commercial construction in Lappeenranta is extensive. Besides Helsinki, Lappeenranta is the only Finnish city where large construction projects have been carried out in recent years. Even with the largest spa in the Nordic countries, Holiday Club Saimaa, now complete, there are still several big construction project ongoing, and new investments have already been announced. It has been estimated that by 2025, the demand for new business premises will be 500,000–1,700,000 floor square metres.

Housing is also being built actively. At the beginning of 2015, more blocks of flats were being built in Lappeenranta than in the nearby municipalities of Kouvola, Kotka and Hamina together, measured in square metres.

Ikea is planning to open a store in Lappeenranta. The furniture company has been carrying out preparations on a plot in the district of Mustola. The plan is also to open a large shopping centre, Ikano, managed by the Ikea Centres company, in conjunction with the Ikea store in 2020.

Wihuri Oy Aarnion Metro-Tukku is one of the leading wholesalers of consumer staples in Finland. In 2015, the company opened a cash-and-carry store in Lappeenranta as part of its growing chain of outlets.

Significant investments are made and construction activities are carried out in the Rauha district. So far, over EUR 130 million have been invested in Holiday Club Saimaa, the largest tourist hub in the Nordic countries. About EUR 20 million have been invested in the ongoing construction projects in the area. Tourists are drawn to the region by attractions such as the spa and the Angry Birds Activity Park.
 

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