The changing nature of how and where we work seems to be hollowing out Finland’s science & business parks and industrial areas. Is the geography of innovation shifting and leaving cities facing a choice between sticking with a landscape of vacant business premises and nurturing lively innovation districts?
Last month an over 10,000-strong horde of startup entrepreneurs, venture capitalists and media representatives flocked to Helsinki to attend Slush, a two-day technology and startup event that seeks to pair great ideas with investors. Even the Chinese Vice Prime Minister Wang Jang joined the party. This is quite noteworthy since the concept only got started in 2008 by a small group of Finnish entrepreneurs who wanted to bring the local startup scene together at least once every year. Now Slush is one of the leading tech and startup events in the world. Continue reading Changing Work Patterns and the Rise of Urban Innovation Districts – The Future in Finland?
“Jeez, not another mall”, I thought out loud to myself when I read that Helsinki’s City Board unanimously approved to reserve a 2.5-hectare piece of land in Roihupelto, in the middle of Helsinki’s eastern suburbs for the development of a new shopping destination. Two developers want to see new big box stores and to transform an existing modern but run down industrial building into retail space. If all goes as planned, construction of the shopping complex could start already this year with the introduction of Motonet, a chain that markets itself as a “department store for car owners”.
The other developer already owns a shopping mall called Lanterna that specializes in furniture and interior design just opposite to the proposed development’s site. I hear the numbers of shoppers visiting Lanterna have lately showed a decreasing trend, so I suppose this new project is strongly linked to wishes of attracting more customers to the area. Continue reading Finnish Mall Enthusiasts Add Little Value to Local Economies