On Tuesday, 7 April, the cornerstone of Põhja-Tallinn’s first high-rise – Volta SKAI – was laid in the Volta Quarter in Tallinn. According to plans, the first of the two 12-storey towers is expected to be completed in the first half of next year. At the panel discussion that followed the ceremony, experts debated why construction does not stop in times of crisis – and why hesitation is the greatest risk of all.
Volta SKAI is located in the Volta Quarter with its 125-year history and consists of two 12-storey towers with a total area of 18,600 m². In total, more than 100 apartments and commercial units ranging from 35 to 195 m² will be built, with prices starting from €249,900, prices per square metre starting from €4,730/m². The living spaces feature ceilings up to 3.8 metres high and floor-to-ceiling windows. The project’s architecture was designed by ARS Projekt, with Endover acting as the developer.
“The cornerstone of Volta SKAI is a significant milestone – for us, for the development of Põhja-Tallinn as a whole, and for the rebirth of this historic industrial area. Construction is on track, and the project is holding to both its timeline and budget. In these challenging times, this high-rise stands as a symbol of optimism and confidence – for us, for our investors, and for those who are building their home here. Change and progress – in the urban environment and in the economy alike – do not arise from nothing. They are born through bold decisions. People move to where life is better. They choose their environment. A place with life. A place with a story,” said Endover CEO Roul Tutt.