Nordecon and US Real Estate sign major construction contract – Golden Gate office building will be completed in spring 2025


Nordecon and Rotermann Pluss, the owner of the Golden Gate office building, which is being developed by US Real Estate, have signed a contract for the design and construction of the Golden Gate office building, the most seafront gateway to the Rotermann Quarter, which will be ready for tenants to move in as early as spring 2025.

With six floors above ground and two floors below ground, the office building will have a gross floor area of approximately 19 500 m2, including 102 parking spaces. The total value of the works under contract is €23.5 million excluding VAT.

“The construction contract for the Golden Gate office building is a milestone for us. This building will be a landmark and a gateway from the port to the city centre and vice versa. It is a pleasure to work with Nordecon’s strong team to realise the client’s vision of a complete urban space that successfully combines the historic and the innovative,” said Tarmo Pohlak, Member of the Management Board of Nordecon AS.

“In cooperation with REME Group, we are about to complete the concrete works of the Golden Gate in the second half of December and the building will reach its peak height. We would like to thank the REME team for a job well done, despite the difficult conditions for traffic management in the city centre. We will continue the design and construction of the building with Nordecon, who have proven themselves through previous joint projects as a reliable and high quality construction partner. I am confident that as a result of this cooperation, this iconic development project will also receive a worthy realisation,” commented Uko Paasik, Member of the Management Board of US Real Estate.

The Golden Gate office building will be built according to LEED Gold requirements, which means that the ecological footprint of the building has been considered from the design phase and a sustainable approach will be followed during construction. A major part of the application for certification is the preservation and reconstruction of the former limestone building on the Ahtri 6 site.

“In today’s turbulent economic environment, we can only commend the developer who, despite the general uncertainty, is determined in its development activities and is taking forward projects with long-term value,” added Pohlak. “Nordecon and US Real Estate have a long-standing and meaningful partnership. In the Rotermann Quarter, we have previously worked together on the construction of the Rotermann Ajamaja as well as the residential and commercial buildings Rotermann 10 and Rotermann 18.”

The architectural solution of the building is a collaboration between the team of Arhitekt11 and architect Raivo Puusepp, the interior architect is Meelis Press. The ground floor of the Golden Gate is designed to provide retail space and restaurants with outdoor terraces, while the upper floors will be used for Class A office space with exceptional views of the Old Town, the Song Festival Grounds, the harbour area and the already completed Rotermann Quarter. Parking will be underground and a green terrace with solar panels will be created on the roof of the building.

The building will also feature a number of innovative technical solutions – for example, the AI artificial intelligence will take into account people’s presence, numbers and consumption patterns. It will also automatically analyse energy prices to optimise the building’s automation systems, including ventilation, heating and cooling, based on this information.