The City of Tallinn has signed an MOU with Tallink Grupp AS and one of Estonia’s largest investment groups and Tallink Grupp’s largest shareholder AS Infortar for the development of the abandoned Tallinn City Hall property into an international conference and concert centre together with an accompanying passenger port, hotel, business centre, restaurants, cafes and other leisure facilities.
An architectural competition will be launched. The estimated construction period of the new centre and adjoining buildings is three years from the point when all the necessary permits have been obtained and all the required contracts have been signed.