The financially-strapped public broadcaster was to be one of the three financiers of the venture and pay 25 percent of the building costs. The City of Helsinki would also contribute 25 percent, with the State of Finland paying the remaining half.
YLE was prepared to pay a maximum of 35 million euros towards the building of the concert hall, where it hopes to accommodate its Radio Symphony Orchestra (RSO). However, according to the latest bid, YLE’s share in the project would rise far beyond that.
The broadcasting company now intends to simply rent space for the RSO in the future building.
On Friday, the Board of the Music Centre venture rejected the only remaining bid to build it, which had been presented on Monday (29.10).
Both the City of Helsinki and the Finnish State have publicly expressed their commitment to continue the music hall project and are looking for a new third partner.
The Musiikkitalo is to be built on the shores of Töölö Bay, opposite the Parliament Building and next to the Kiasma museum and Sanoma House.
The site has been one big, open building ground since the burning down and demolition of the old VR railway storehouses (‘Makasiinit‘) in May, 2006. Ground works continue despite the project’s setbacks.
Live webcam images of the building site – Helsingin Sanomat
Photo gallery of the Makasiinit fire – Helsingin Sanomat