Keilaniemi – high tech and business hub

Situated by the sea, Keilaniemi is a well-known hub of high tech, innovations and business life. Keilaniemi boasts a significant number of large listed companies and promising start-ups. It is home to the head offices of many large international companies, such as Kone, Neste, Valmet, Fortum and Tieto. Half of the trading done on the Helsinki Stock Exchange is for companies from the Keilaniemi area.

In the area, there are approximately 7,950 jobs and the number is expected to grow to 11,050 by 2050. Currently some 3,800 people reside in the Otaniemi‒Keilaniemi area and the population is expected to grow to 15,000 by 2050.

The new metro service has meant that Keilaniemi is now easier to reach. One of the West Metro stations is located in Keilaniemi, which has contributed to the area’s rapid development. The traffic connections will improve even further and Keilaniemi will become a central public transport hub once the final terminus of the Raide-Jokeri light rail line to Itäkeskus in Helsinki is built adjacent to the metro station. The Raide-Jokeri line is expected to be completed in 2024.

Illustration of Valokeila in Keilaniemi
Jokeri Light Rail in Keilaniemi. Illustration: Raide-Jokeri

Otaniemi and Keilaniemi merge into one urban area

The Keilaniemi and Otaniemi area forms a unique innovation cluster ‒ Aalto University, the renowned scientific and research community, national and international companies and A Grid, a creative community of start-ups and partners on Aalto University campus thrive here. Otaniemi and Keilaniemi are growing towards each other and a variety of cultural experiences within walking distance of Tapiola enrich this scientific and economic concentration. 

The new light rail line will interlink Keilaniemi, Otaniemi and Leppävaara - Espoo’s most significant high-technology employment areas. Jokeri Light Rail will also connect the West Metro line and the train tracks at Leppävaara, Espoo’s main railway station, into a combined system.

You can read about Keilaniemi area in Finnish from our Finnish website.

Keilaniemenranta, aerial image from south
Keilaniemenranta, aerial image from south. Illustration: Sarc Architects Ltd

Companies operating in the area:

  • Kone
  • Neste
  • Valmet
  • Rovio
  • Microsoft
  • Tieto
  • Fortum

Distance from Helsinki Central Railway Station

10 minutes by metro

Keilaniemi development

The West Metro line has meant big changes for Keilaniemi. More residential buildings will be constructed in Keilaniemi and the area’s character is being diversified. With the new commercial and residential development, Keilaniemi is set to become a much livelier and more densely built neighbourhood. All in all, the area’s activities will be widened and enlarged in the future. The new developments on the cards in Keilaniemi and the tunnel at Ring Road I are set to link Keilaniemi with Otaniemi and Tapiola. A park area is being built over the tunnel. The Tapiola-Keilaniemi-Otaniemi area is significant to the whole of Finland, and it has excellent potential for attracting both investment and new businesses to Espoo.

Keilaniemi high-rise - office, hotel and residential buildings

The Keilaniemi business district will be expanded with new office, hotel and residential buildings. The plans in Keilaniemi include four round residential towers, the highest of which will comprise 40 floors. One of the towers has 32 (16,000 floor m²) floors and two of them 36 floors (both 18,100 floor m²). They will provide housing for new residents in the Keilaniemi area. Construction work is set to begin in 2019 - 2020. 

Keilaniemenranta, aerial image from north east
Keilaniemenranta, aerial image from north east. Illustration: Sarc Architects Ltd 

A new 161-metre office and hotel tower is being planned as a new landmark for the Keilaniemi shore. The main tenant of the office premises in the building will be KONE Corporation. The lower floors of the tower would serve as congress, restaurant and cafeteria premises, offering a vista over the Waterfront Walkway. 

In this hybrid tower, the Kämp Collection Hotels chain will open a GLO Hotel. The new hotel will feature some 350 rooms, making it bigger than, for example, the Kämp luxury hotel, which has 179 rooms. The tower will be completed in 2023.

Behind the tower project is Regenero Oy. YIT will be in charge of construction, with Regenero serving as building owner. Regenero Oy owns also Fortum Corporation’s former set of properties next to the Keilaniemi metro station. Regenero is remodelling Fortum’s former headquarters into modern office premises, with Accountor as the main tenant. The tower’s renovation will be completed in 2020. 

Keilaniemenranta, view from Keilasatama to north east
Keilaniemenranta, view from Keilasatama to north east. Illustration: Sarc Architects Ltd

Furthermore, Norwegian AB invest AS is planning an extensive hotel and congress centre project for the shoreline near the Keilaniemi metro station and the final stop of the future Jokeri Light Rail. The hotel is planned to have 660 rooms, and the entire project scope comprises 30,000 square meters.

Keilaniemi waterfront

The Keilaniemi waterfront will also be developed to open it up for recreational use. A high-end restaurant and event venue is being planned for the Keilaniemi waterfront to enliven the local service offerings.


Project Director Antti Mäkinen,, +358 50 593 1339

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