#Finland #Oulu #SRV #Trevian #Oulu Arena

Trevian and SRV to Transform Oulu's Urban Landscape

In an exciting development for the city of Oulu, Finland, the local government has named the Raksila 2.0 business consortium as the contractor for the new Oulu Experience Arena. This partnership, comprised of Trevian Asset Management and SRV, aims to create a vibrant multipurpose arena that will serve as a focal point for community activities and entertainment.

A Vision for Oulu

The Oulu Experience Arena is set to be a groundbreaking undertaking for Raksila district, which is an integral part of the city. As Finland's fifth-largest city and a vital economic hub in Northern Finland, Oulu is eager to enhance its offerings for both residents and visitors alike. This new arena will not only contribute to the city’s liveliness but will also support a variety of events that cater to a diverse audience.

Project Timeline and Objectives

The planning phase for the Oulu Experience Arena is anticipated to take two years, with the construction expected to commence in 2028 and be completed by 2030. This careful timeline reflects the consortium's commitment to thorough urban planning that integrates community feedback and sustainable practices.

Selection Process Highlights

The selection of the Raksila 2.0 consortium was based on several key factors, including the ingenuity of the project concept, a comprehensive business plan, and the extensive experience of the team in developing similar projects. Both Trevian and SRV possess substantial expertise, notably, SRV is known for constructing the Nokia Arena in Tampere, which opened its doors in 2021. Meanwhile, Trevian's recent acquisition of the former Helsinki Arena—now known as Veikkaus Arena—showcases its capability in managing high-profile arenas.

Reima Södervall, CEO of Trevian Asset Management, enthusiastically stated, "Oulu is our second home, and we are honored to contribute to its development by enhancing the experiences available to its residents. This project underlines our dedication to advancing societal projects that are significant to Oulu, Helsinki, and Finland as a whole."

Community Impact and Future Prospects

Hannu Lokka, Senior Vice President of Strategic Project Development at SRV, echoed this sentiment, appreciating the constructive partnership with the City of Oulu. He remarked on the extensive and collaborative competition process spanning 1.5 years that allowed the consortium to tune their proposal in line with the city’s vision. Lokka noted, "Our proposal extends beyond merely designing the arena; it serves as a catalyst for broader urban development in Oulu."

Trevian's aim is not just to build an arena but to establish Oulu as the center for experiences and events in Northern Finland. The new facility will feature modern amenities tailored for sports, cultural events, and community gatherings while adhering to principles of sustainability and responsibility. Södervall added, "This initiative is a significant stride for Trevian within the thriving arena industry, especially following our success with the Veikkaus Arena in Helsinki."

Conclusion

The Oulu Experience Arena promises to be a landmark project that reflects the collaborative spirit of Oulu’s community, bringing together elements of sports, culture, and urban development. As the city gears up for this exciting transformation, it signals a bright future for Oulu as a vibrant cultural hub in Northern Finland. The anticipation surrounding this project is palpable, and it will surely shape the city’s landscape for generations to come.

For further inquiries, contact:
Reima Södervall
CEO, Trevian Asset Management Oy
Phone: +358 50 362 7400
Email: [email protected]

This project is covered by Cision.