Art Academy Selling Property in City Center to Fund New Home
The Academy of Arts is putting its city center and Old Town property up to sale to fund its planned purchase of a former factory building in north Tallinn.
The plan was first announced last fall and will go into action next week.
The property on Gonsiori will be listed at 3.4 million euros, while the Old Town property at Suur-Kloostri 11 will try to fetch 3.5 million. The academy is temporarily located at Estonia 7.
It's planned for students to start attending class in the new building behind the central station, a former stocking factory, by end of 2016.