The first industrial buildings on Telliskivi street were constructed in 1869 when the Baltic Railway factories were founded. Industrial growth soon encouraged speedy development throughout the neighbourhood, inciting construction activities on the streets of Heina, Õle, and soon the whole of Pelgulinn.
The factories were named after M. I. Kalinin in 1940, but soon became the Tallinn Electrical Engineering Factory in the course of railway electrification. The company still functions under the brand name Estel since 1981.
The plot was privatised when Estonia regained independence. Telliskivi Creative City was established in 2009, and has evolved to be the largest hub for the creative economy in Estonia.