Finland

NCC to renovate Finland’s oldest shopping centre

13/11/2026, 15:42
Photo: ARCO Architecture Company

NCC will renovate and extend Munkkivuori Shopping Centre in Helsinki on behalf of Munkkivuoren ostoskeskus Oy. The order is worth SEK 500 million.

NCC has completed the preparatory work and is now starting construction. The project will do more than restore the centre. It will also extend the facility to meet modern requirements for functionality, technology and energy efficiency.

The project covers around 23,000 square metres. NCC will renovate the existing structures while preserving the building’s distinctive architectural features. The north wing will make way for a new building. The project will also expand the car park and modernise the façades, courtyards, commercial premises and walkways.

“This project is a great example of a long-term collaborative project that combines demanding renovation with new construction. Munkkivuori Shopping Centre plays an important role in the identity of the area. In the renewal, it is important to respect the building’s history while adding modern solutions. Our goal is to create lasting value for both local residents and businesses,” says Catarina Molén-Runnäs, Head of Business Area NCC Building Nordics.

The project is scheduled for completion in autumn 2028.

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Anna Broberg