Topping-out ceremony for Otakaari 15 student housing project celebrated in Otaniemi
AYY Board Member Saska Kolehmainen opened the event by thanking the project’s collaboration partners.
‘It’s great that, despite the challenging economic situation, we are able to produce amazing new homes for students and provide affordable housing for a growing need’, said Kolehmainen.
Varte’s representative thanked the client, developer, and the construction site team for their excellent collaboration.
In August 2026, 153 modern student homes will be completed in a six-story residential building. Varte Ltd is implementing the project for AYY in the Otaniemi campus area. Construction has progressed according to the planned schedule.
Guests at the topping-off ceremony also had the opportunity to explore apartments under construction, including studios and two-room apartments. The apartments are designed to meet the needs of students today. Most of the apartments are studios, but there are also two-room apartments and spacious three-room apartments.
Living comfort is enhanced by energy-efficient features, such as supply air cooling and underfloor cooling. Each apartment includes solutions that facilitate daily life, such as:
- Full-height fridge-freezer
- Dishwasher
- Possibility to connect a washing machine
- Plenty of counter space in the kitchen, which can also be used as a workstation
The first application round opens on 16 Mar 2026
The first application round for Otakaari 15 will begin at 9.00 on 16 Mar 2026 and end at 16.00 on 30 Mar 2026. The housing is intended for AYY members who are pursuing their bachelor’s or master’s degree at Aalto University and have a valid housing period.
More information can be found on AYY housing website.
Background on Otakaari project
153 modern student homes will be completed in the property. Most of them are studios, but the building also includes two-room apartments and a few spacious three-room apartments. The total floor area of the building will be 4,465 m2. The property will also include geothermal heating and a solar power system with a capacity of 30 kWp. Construction began in February 2025, and the property will be completed in August 2026.
A total of four student housing properties are zoned along Otakaari. Otakaari 15 is the first of them to reach ridge height. The zoned properties will expand the Teekkari Village’s student housing to the other side of Otakaari, to the vicinity of Aalto University campus.
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