Swedish listed property developer Atrium Ljungberg has announced plans for the world's largest urban construction project in wood in Stockholm, Sweden.
Construction of Stockholm Wood City will start in 2025, and the first buildings are expected to be completed in 2027.
Extending over 250,000 m2, the project will house 7,000 office spaces and 2,000 homes in Sickla, in the southern parts of Stockholm, offering a vibrant, urban environment with a mix of workplaces, housing, restaurants and shops.
Wooden buildings offer many advantages, both for the environment and for people's health and well-being, including better air quality, stress reduction, increased productivity and storing of carbon dioxide.
Using wood also means quiet construction sites and reduces the number of heavy transports during the construction period.
Annica Ånäs, CEO of Atrium Ljungberg, said: ‘We are proud to introduce Stockholm Wood City. This is not only an important step for us as a company, but a historic milestone for Swedish innovation capability. Stockholm Wood City manifests our future. From tenants, there is a strong demand for innovative, sustainable solutions – a demand that we meet with this initiative. Our industry leaves a big mark, and it is important for us to make a positive difference in both the shorter and longer term. We want to create an environment where our customers, those who will live and work here, can participate in the development and design of the city district of the future.’
Additional environment benefits of the project include investment in resource-efficient construction methods and circular material flows, as well as the focus on self-produced, stored and shared energy.
Equally important, Stockholm Wood City will also meet the deficit in workplaces south of Stockholm's inner city, shortening commuting times for more people.
Sickla’s position as one of the most important transportation hubs in Stockholm will be further boosted with the addition of new metro lines into the area.