OREANDA-NEWS. July 09, 2007. The Corporate Park is situated on the crossway of Pohjaranna and Muuga Street, next to the largest port in Estonia, Muuga Harbour, reported the press-centre of Colliers International.

The strategically advantageous location of NordShore Corporate Park makes it easily accessed by railway, road and sea transportation. Considering company’s and employees needs, NordShore Corporate Park has a Hotel that will accommodate visitors and clients, retail premises to serve the local residents and people who work in that area. The Corporate Park will create an environment that from one side supports the progress of the Maardu City, to becoming the modern industrial area and from the other side the local people. 

Total area of the largest Corporate Park in the Baltic States is 78,2 hectares; the land plots sizes vary from 5000 m? - 20 000 m?, with a possibility to compound the plots. First of all the Park is ideal for companies who’s business partner is Muuga Harbour or the core business is related to harbours. Secondly for companies who are planning to expand.

It is possible to develop a separate railway line inside the NordShore Corporate Park.
Peterburi and Uleoru crossroad will be built as multi-level in the near future. In order to facilitate growth of Muuga Harbour for the coming years, construction of remarkable new buildings is under way. The major planned investments in the harbour include extension of the eastern side of Muuga Harbour and development of Muuga Industrial Park.

By 2007, Tallinn and its vicinities have in total 684000 sqm of warehouse and industrial premises. Vacancy rate in new and modern facilities is close to zero, proving that the demand for industrial premises is high. Also a possible increase in prices should be considered, if the land and construction material prices will continue to grow.
 
Commercial Property Consultant Colliers International is the exclusive representative of the project. Selling of the land plots starts this months and the price starts from 100 ?/sqm. Development of the communication network lines will start at the beginning of 2008. The owner of the NordShore Corporate Park is planning to invest in this project MEUR 350. The projects funding will come outside from Estonia.