Here you will find the main facts about the Hippos project. Also, see our website for the citizens of Jyväskylä.
The project schedule at the moment (Sep 2021):
Sep–Oct 2021 Submission of building permit images
Sep–Dec 2021 Preliminary preparations for the area (demolition of the pesäpallo arena, relocations of pipelines, etc.)
Dec 2021–Jan 2022 Commencement of construction work (dependent on building permit)
2022–2023 Construction work 24 months
Ice rink 2: add 7–8 months. The Sports Lab on the ice rink cannot be dismantled before the completion of the Science and business centre.
Jan 2024 Commissioning of the buildings
The ownership of Hippos Ky is composed of the City of Jyväskylä, the investment companies Sepos and Taaleri Sijoitus , and the construction company rakennusyhtiö Lehto.
Sepos Oy is an investment company and a developer of companies that promote an active lifestyle. Sepos Oy acts as an agent and coordinator in the Hippos project and will participate in the marketing, operational development and construction. The main owners of Sepos are Timo Everi, Ilkka Kilpimaa and Taaleri Sijoitus Oy.
Taaleri Sijoitus Oy is an investment and insurance company. Taaleri Sijoitus Oy owns 30% of Sepos Oy. The parent company Taaleri Oyj is listed publicly on the Nasdaq Helsinki Oy stock exchange.
Lehto Group is a construction company that builds apartments, business and care facilities and schools. Lehto was selected as the constructor of Hippos through tender. Lehto is an investor in the Hippos project and they have planned a significant part of the project and permit phase.
The project has a budget of around 150 million EUR. The City will invest 23 million EUR in Hippos Ky, the company that owns Hippos, becoming one of the company's shareholders. The city will commit to buying time slots for sports clubs for 5 million EUR for the next 30 years. The fee is linked to the cost-of-living index. In addition, the city has committed to pay a maximum of 1 million EUR annually for the sports equipment required by the sports clubs.
As a shareholder in Hippos, the city will receive income from the company and property taxes totalling approximately 3 million EUR per year. Hippos is calculated to annually generate about 5 million EUR of indirect revenue from jobs and taxes, and up to 10 million EUR during construction.
The images can be downloaded for media use in news items about Hippos. Use the reference "Image: PES-Architects".