Aalborg__Locations_Online_MR19

6

Location descriptions | Aalborg – Market Report 2019

The local plan for the area, which stretches over approximately 500,000 sqm, was approved in September 2017, paving the way for the construction of approximately 1,200 houses. The almost completed first phase of the development is a mix of owner-occu- pied and rental housing, whereas the second phase is predominantly rental housing. The area is expected to be fully developed in approximately five years, and ongoing talks in the public administration are discussing the need for a third crossing of Limfjorden, which is expected to be located just west of this new district. If this third crossing is carried out, the surrounding areas are expected to be further developed. Eternitten Eternitten is situated at the eastern perimeter of Aalborg and is located between the city and Aalborg University. The location near both the city and the university makes the area ideal for both students and companies that prefer a location just outside the city bounda- ries with easy access to the motorway grid. Eternitten used to be the home of one of the biggest workplaces in Aalborg, Dansk Eternit, which produced fibre-cement products for construction. The site was heavily contaminated with asbestos from the production and underwent a thorough cleaning process before construction could begin. The urban renewal scheme started in 2009- 2010 with the approval of the first two zoning plans. The district is already a thriving new area in Aalborg, with several supermarkets, shops and homes. Apart from some warehouses in the south-west end of the district and the construction sites around them, the district is close to being fully developed and stands as a vibrant district with an appealing mix of new and old buildings. When fully devel- oped in approximately seven years, the area will have approximately 210,000 sqm of floor space divided between approximately 25% commercial use, 65% residential use and 10% retail, convenience and cultural facilities. Again, the City of Aalborg has followed through on its goal towards expanding its reputation as an educational city with the construction of more than 300 subsidised youth homes. Stigsborg Brygge Stigsborg Brygge is located on the north side of Limfjorden in the eastern part of Nørresundby, stretching between the motorway tunnel Limfjordstunellen, connecting Northern Jutland to the rest of Jutland, and Limfjordsbroen, the fixed link connecting the city centres of Aalborg and Nørresundby. The area stretches over more than 540,000 sqm and is going to be developed over the next 25 to 30 years. This new district will be home to more than 7,500 inhabitants and will also include schools, retirement homes, day care institutions and other public institutions to support the inhabitants. The district will also feature supermarkets, retail shops and office build- ings. The whole area will consist of 400,000 sqm of floor space when fully developed. The City of Aalborg approved the development plan in March 2017, and the first proper- ties are almost finished.