Student centre project has come to an end

In 2021, AYY, TF, and KY committed to the student centre project with the purpose of building a joint student house in the Chemist’s Block in Otaniemi. In recent years, construction costs in Finland have increased so significantly that the project cannot be implemented at the current price level.

The project parties AYY, TF, KY, Aalto University, and ACRE have agreed that, with the current economic prospects, it is not feasible to execute the Student Centre of tens of millions of euros as planned. The original project agreement will not be renegotiated after it expires on 19 Aug. However, work on the development of the campus and facilities will continue actively. The parties will work on the best alternative solutions for the community and hope that the seamless cooperation they had throughout the project will continue.

As we bring this decade-long project to a close, we at KY want to express our gratitude to everyone who have contributed to the Student Center project over the years. We’ll continue to work together with the KY Association to explore new opportunities for long-term premises that’ll bring KY community together.

Read more about the end of the Student Center project here.