Odense__Locations_Online_MR19

Copenhagen Property Market Report 2019

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consisting almost exclusively of social housing. The planned transformation of Vollsmose will split the area into smaller neighbourhoods and reduce the proportion of social housing from the current 98% to a maximum of 40%. Additionally, public infrastructure with the light rail system will improve access to the rest of the city. Gartnerbyen Gartnerbyen is located approximately one kilometer west of the city centre on the grounds of the previous GASA fruit, flower and vegetable market. The development plans are based on the past function, featuring and incorporating green roads, parks and living areas. When fully developed, the neighbourhood will form an attractive and dynamic mixed-use area with approximately 140,000 sqm new development. In addition to rental and owner-occupied housing, the area will include a hotel, health clinic and supermarkets and other commercial buildings. Østerlunden at Østerbro Østerlunden is centrally located one kilometre east of the city centre by Østerbro and Lollandsgade. Letting of stage one with 240 flats will commence in spring 2019, and the area is expected to be fully developed by 2020 with approximately 400 units and 1,000 residents. In addition to flats and terraced houses, the area will have common recrea- tional areas. The area used to be home to a COOP warehouse and is being developed by Topdanmark Ejendomme. Dalum Papirfabrik Dalum Papirfabrik (Dalum Paper Mill) is located approximately five kilometres south of the city centre and approximately three kilometres west of the future superhospital. As the name suggests, the area used to house a large paper mill, which closed at the end of 2012. MT Højgaard plans to build a new neighbourhood consisting of two-storey terraced houses and four-storey flats. In total, approximately 450 units are expected, in addition to a supermarket and a culture centre. A recreational area by the Odense river will provide access to nature.

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