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Otaniemi - Keilaniemi

St1 begins the drilling of geothermal deep-rock wells in Otaniemi, Espoo

Energy company St1’s geothermal heat production project is moving on to the next phase in Espoo. A giant drilling rig with auxiliary systems have been assembled in the area of a Fortum heat plant in Otaniemi and the drilling of deep wells will begin soon.

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Aalto University integrates all core activities at the main campus in Otaniemi

To provide the best possible conditions for the success of Aalto University and to support the success of Aalto University School of Business, the Aalto University Board has decided to create a fully integrated campus in Otaniemi.

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Tieto to relocate its headquarters in Keilaniemi

Tieto will begin to relocate its headquarters Keilaniemi, Espoo towards the end of 2016, which is good news for the West Metro growth corridor.

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Otaniemi and Keilaniemi in brief

Otaniemi and Keilaniemi area forms a unique innovation cluster ‒ Aalto University, the renowned scientific and research community, national and international companies, as well as the world's hottest Startup Sauna thrive here. The campus and research area of Otaniemi is the largest hub of high technology in the Nordic countries.

Twice selected by the EU as one of the most innovative regions in Europe, the area is a community of over 32,000 people with 16,000 students and 16,000 technology professionals from 110 different countries working in more than 500 technology companies. Currently some 3,800 people reside in Otaniemi‒Keilaniemi area and the population is estimated to grow to 10,000 by 2050.


A variety of cultural experiences within walking distance in Tapiola enrich this scientific and economic concentration.


Project Director Antti Mäkinen, antti.o.makinen@espoo.fi, +358 50 593 1339

Otaniemi and Keilaniemi development

More residential buildings will be constructed in Keilaniemi and the area’s character is being changed. All in all, the area’s activities will be widened and enlarged in the future. In Otaniemi, the focus will be on the Aalto University premises. Otaniemi will also become more closely connected with nearby Tapiola and the metro line will connect the area more closely to Helsinki. Altogether, residential construction will include some 50,000 square metres of floor area (sqfa) and some 100,000 sqfa of office and commercial buildings will also be constructed during the next 10 years.

Otaniemi is growing over the ring road – space of science and the economy

Otaniemi is the largest technology, innovation and business hub in Finland and in Northern Europe. It features a mix of world-class research organizations, academic institutions and over 800 companies from start-ups to multinational corporations operating around a compact 2×2 kilometer campus, including the global headquarters for Kone, Fortum, Neste Oil, Huhtamaki and Rovio. Otaniemi is a community of 16,100 students and 43,000 professionals from 100 different countries.  



Most important development projects

Metro stations

There will be 2 stops in the area, one in Keilaniemi and another at Aalto University in Otaniemi. With the metro line, it will only take some 10 minutes to travel from Otaniemi to Helsinki centre. The metro station will be completed in autumn 2016. 

Keilaniemi Tunnelling

This project includes the tunneling of Ring Road 1 and other land use projects. The tunneling project has started in January 2016. 

Keilaniemi High Rise

The residential building with 32 and 36 floors (16,000 and 18,100 sqfa) will provide housing for new residents in the Keilaniemi area. The project will be started in 2018.