CPH Residential__Locations_Online_MR19

4

Location descriptions | Residential – Market Report 2019

The district has become a highly popular residential location, reflected in brisk residen- tial newbuilding activity in recent years. Sydhavnen will benefit from the Metro exten- sion scheduled for commissioning in 2023, improving access to the area. In 2018, the new bridge of Alfred Nobels Bro, connecting Teglholmen and Enghave Brygge, opened for pedestrians/cyclists. In 2024, it is to open for car traffic as well, effectively linking Sluseholmen to the south with Kalvebod Brygge to the north.

Most of the district will likely be fully developed within the next 5 years.

Valby Valby is located about three kilometres west of the Copenhagen city centre. To the east, the area borders on the vibrant district of Vesterbro and to the north on the affluent district of Frederiksberg. The area has undergone large-scale urban renewal for the past ten years or so, creating a popular city district that commands ownership and rental prices on a par with the levels recorded in some of the most attractive districts of Copenhagen. Apart from renewal schemes, two major redevelopment sites will shape the future of the district. The 16-hectare former site of Grønttorvet (formerly a central vegetable market) will be developed with 234,000 sqm of primarily residential space, which translates into some 2,000 dwellings. Construction commenced in mid-2016 and the area is expected to be fully developed in 2021. As a tribute to its green history, the new city district will feature a central green hotspot ‘Grønttorvsparken’, a 23,000 sqm public park. At the former site of F.L. Smidth, the redevelopment of the Valby Have allotment society continues. With the first stages of conversion for residential use completed in 2005– 2010, the remaining stages are expected to be completed by 2020. When fully developed, the area will contain some 1,200 dwellings and 35,000 sqm commercial space.

Kanalkanten, Teglholmen, Copenhagen

Made with FlippingBook HTML5