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Jyväskylän kaupunki » Uutisarkisto » Private funding for the Hippos2020 exercise and wellbeing project in Jyväskylä

Private funding for the Hippos2020 exercise and wellbeing project in Jyväskylä

The City of Jyväskylä and Jyväskylän Hippoksen Ystävät Oy signed on 26th of April 2016 a memorandum of association for Jyväskylän Hippoksen Kehitys Oy, as well as a partnership agreement.

The purpose of Jyväskylän Hippoksen Kehitys Oy is to implement the two-year development phase of the Hippos2020 project, after which Hippos will enter the construction phase. In addition to offering development funding of EUR 1.5 million, private financiers are adding their expertise to the project. The establishment of the development company is a concrete step towards the implementation of the total project, worth EUR 300 million.

Hippos2020 is one of the most important urban development platforms in Jyväskylä

The project will have a significant impact on the region. Its employment effect during the construction phase will be 2,000 person-work years, and it will bring about 300 new permanent jobs. It has been estimated that Hippos will have three to five million visitors per year.

“I am happy that the Hippos project has proceeded quickly and on schedule. Hippos will offer excellent exercise and wellbeing opportunities to residents and have an impact on business policies. Through this new funding model, we are able to create an inviting and attractive, even internationally renowned, centre for exercise and wellbeing,” says Timo Koivisto, Mayor of Jyväskylä.

Exercise and wellbeing are leading strategic themes in Jyväskylä

Exercise and wellbeing are leading strategic focus areas in Jyväskylä. The city is investing in increasing exercise activities and wellbeing services for residents of all ages. The city is home to extensive and internationally renowned expertise in sports-related research and analysis. Finland's only faculty of sport and health sciences is located in Jyväskylä, in addition to which KIHU (the Research Institute for Olympic Sports) and LIKES (the Research Center for Sport and Health Sciences) operate in the city.

A discussion event open to the public on the Hippos2020 project will be held at the Hippos auditorium on 9 May from 5:30 pm. The event will also act as a public event for the Hippos local plan.

Further information

Mayor Timo Koivisto, City of Jyväskylä, phone +358 14 266 1501, timo.koivisto[at]
Project Manager Kari Halinen, City of Jyväsylä/Hippos2020, phone +358 14 266 7285, kari.halinen[at]

3.5.2016Satu Heikkinen

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