Finnish shopping centre developer Citycon announced on Wednesday that it has launched three pilot projects in sustainable construction. In a statement, the company said the move is aimed at evaluating 'the implementation of development projects comprehensively from the viewpoint of sustainable operations, and to systematise pro-environmental practices'. The projects are the development of the Liljeholmen shopping centre in Stockholm, the extension to the Rocca al Mare shopping centre in Tallinn and the refurbishment of the Trio shopping mall in Lahti. Citycon is also seeking international environmental rating for its projects.
Finnish shopping centre developer Citycon announced on Wednesday that it has launched three pilot projects in sustainable construction. In a statement, the company said the move is aimed at evaluating 'the implementation of development projects comprehensively from the viewpoint of sustainable operations, and to systematise pro-environmental practices'. The projects are the development of the Liljeholmen shopping centre in Stockholm, the extension to the Rocca al Mare shopping centre in Tallinn and the refurbishment of the Trio shopping mall in Lahti. Citycon is also seeking international environmental rating for its projects.
'We are intent on developing further and promoting sustainable thinking in our properties. The shopping centre of the future is green', said CEO Petri Olkinuora.
Citycon owns a total of 32 shopping centres in Finland, Sweden and the Baltic countries. The new Liljeholmen shopping centre development is Citycon's largest ever project, with total costs amounting to about EUR 180 mln, including EUR 120 mln in building costs. The company began construction of the new mall, which will consist of 60 shops on 28,000 m2 of retail space, in May 2007. The opening is scheduled for October 2009.
