Novotel Living hotel with studio apartments – the first in the Baltics – will be built in Tallinn

27. February 2024

The development company Estmak Capital has signed an agreement with the construction company NOBE to begin building the first in the Baltics Novotel Living hotel with studio apartments. Construction will begin in the coming weeks on Poordi Street, in the area between the Old Town and the port.

Estmak Capital has entered into a cooperation agreement with the world’s leading hotel chain Accor to open an apartment hotel under the Novotel Living brand on Poordi Street in autumn 2025. The hotel will have 130 rooms, including several studio apartments with kitchens, designed for long-term stays.

“This is an excellent location for a hotel – next to the Tallinn port, very close to the Old Town and 15 minutes by tram from the airport,” said Margus Simson, construction manager of Estmak Capital. The Novotel Living Hotel’s concept is to offer guests of Tallinn the best accommodation for both business and leisure travel: for long business trips and several-day holidays.

The hotel will be 6 stories high and architecturally compatible with new buildings in the area. A restaurant, commercial premises and a recreation area are planned on the ground floor. On the second floor there will be a work area with a cozy courtyard. Hotel rooms will be located on floors 2-6. In addition, the building will have two underground floors with parking, as well as technical and storage facilities.

According to Simson, the studio apartments and suites will feature open floor plans and offer the comforts of home for work and leisure. They will have a living room with a kitchenette and dining table, a bedroom with a comfortable bed, a cozy bathroom, and spacious closets for storage. Guests will also have access to separate work areas and a gym.

Apartment hotels are gaining popularity around the world as more and more people want to stay longer at their destinations. A new concept for Novotel Living studio apartments offers leisure and business travellers a flexible long-term stay option with typical hotel amenities and common areas for working and socializing. Novotel Living concept is used, for example, in Belgium and Romania.

Estmak Capital, an Estonian development and investment company founded in 2008, develops innovative, high-tech, and high-quality residential and commercial real estate projects in the Baltic countries. The company contributes to urban development through sustainable and unique real estate projects that have a broad positive impact on the environment.

Estmak Capital’s investment portfolio includes, for example, the Explorer commercial building, officially recognized as the most environmentally friendly office building and the first in Estonia to receive a platinum Leadership in Energy and Environmental Design certificate.

For the first time in Estonia during the development of the Promenaadi Majad project the company employed a solution that allows to obtain energy from the piles located at a depth of 20 meters, which helped save 20-30% on heating costs. To heat this building, heat from the cooling system is also used, which is usually simply blown into the air.

According to NOBE construction director and board member Priit Nigols, they are happy that Estmak Capital chose their company as a partner in the construction of the Novotel Living hotel: “We have extensive experience of building in the area near the future hotel’s site next to the port in the city centre and we are honoured to continue contributing to the development of the area. During the construction of the building, we can use environmentally friendly technologies to support innovative architectural solutions, ensuring sustainability and maximum comfort for future guests.”

Operating under the NOBE brand, NOBE OÜ has been engaged in general contracting in construction and concrete work since 2000 and offers a full range of construction services. Under the guidance of NOBE engineers, complex engineering structures, office and industrial buildings, residential buildings and wind farms are being built in Estonia, Finland, and Sweden. NOBE employs approximately 160 people.


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