Port of Tallinn to develop Old City Harbor, expand terminals
Over the next 15 years, the Port of Tallinn is slated to carry out major reconstruction in the vicinity of the capital's Old City Harbor, build new entertainment and retail areas near the planned Reidi Road, expand the port's A and D terminals as well as change the area's traffic solution.
Port of Tallinn Real Estate Development Manager Ahto Ader told BNS that the company is planning to make the area surrounding the Old City Harbor a more active city space which can be more easily traversed.
According to Ader, the company is working on developing a new real estate development plan. The previous such plan was drawn up in 2011 and was used to develop the Tallinn port's territory.
The new plan will also include details regarding the volume of investments as well as the development of the port's A and D terminals.
The port is also planning to build additional intersections between the port and Reidi Road, and a promenade or other roads for pedestrians.
According to Ader, the major project should be finished in 15 years.