Hey, thanks a lot for the question. Before the answer, let me preface it with a short and semi-personal introduction:

I work for Blockhive, a blockchain development company, which is a partner of the project. We developed the fundraising technology (ILP) used by the project. My role is Marketing and PR lead and so I, along with some other partners, are providing the expertise with regards to blockchain.

The team executing the project are real estate development specialists in every sense, who are really enthusiastic and optimistic about blockchain. In anticipation of some follow-up questions, which are not covered in the FAQ or we cannot answer to your satisfaction, we will correspond with the core-team and revert.

To answer your question:

The facility being constructed is a multifunctional stock office, which allows startups, small and medium-sized businesses to execute all their operations. It is a 38-unit facility with capabilities to host warehousing, production, office space and showrooms. The demand for such facilities has increased over the years, especially due to the growth of e-commerce. Companies are no longer looking for retail space in downtown / city centre areas, but rather focusing on e-commerce and operating out of more economical spaces.

The B11G facility is located amongst other similar facilities, which together is called the 'Betooni Industrial Park' (Check it on Google Maps here:  https://www.google.com/maps/place/Betooni+11g,+Lasnam%C3%A4e,+11415+Harju+maakond,+Estonia/@59.4218835,24.8620839,594a,35y,39.29t/data=!3m1!1e3!4m5!3m4!1s0x4692ec8fc611ce0f:0xbc6958d4c4e9c6f!8m2!3d59.4262899!4d24.8645516).

The idea of the 'industrial park' is that there are several of these facilities all located near to one another and so it provides for a great environment for synergies, economies of scale, and collaboration among these companies.

Hopefully this answers somewhat your question- and please feel free ask for further clarification and details.