9 February 2021
Grosvenor Europe given go ahead to develop proposals for hundreds of new homes in Stockholm
Grosvenor Europe has secured approval from the Stockholm City Planning Board to develop proposals for more housing, offices, services, and leisure facilities, in and around Skärholmen Centrum in southern Stockholm.
The redevelopment of the area around Skärholmen Centrum will form part of a strategy to strengthen its role as a regional city centre that offers a mix of services, experiences, entertainment and housing, as well as retail. Amongst the plans, Grosvenor will investigate the possibility of delivering 600 new homes in the area and improving the urban environment.
Carl Strufve, Director, Nordics, Grosvenor Europe, comments: “Our vision is to strengthen Skärholmen Centrum’s role as the southern centre of Stockholm. With this decision, we have full support to develop our vision into concrete proposals, and make this vibrant city centre even more attractive to a wider catchment area.”
The plans for Skärholmen form part of a regional development plan for Stockholm, RUFS2050. According to the government plan, the area will become one of the most vibrant metropolitan areas in Europe, with an attractive mix of trade, work, housing, culture and recreation. Infrastructure investments, including the expansion of the Stockholm bypass, and a new tramway, will also improve accessibility.
The new zoning plan is expected to be legally enacted in the first quarter of 2023.
In Stockholm, Grosvenor Europe owns and manages Bålsta Centrum, Skärholmen Centrum, Väsby Centrum, Haninge Centrum and Lidingö Centrum.
About Grosvenor Europe
Grosvenor Europe invests in, develops and manages real estate assets in vibrant European cities including Paris, Stockholm and Madrid. As a part of Grosvenor Group, with a track record of over 340 years, our activities are designed to improve properties and places that will deliver lasting commercial and social benefit in the places we are active.
Our approach to delivering social benefit identifies five priority areas where we believe we can have the most measurable impact on social and environmental sustainability and in 2020 we launched our net zero carbon strategy, committing us to halving our total carbon impact by 2030. This target was approved by the Science Based Targets Initiative and verified in line with the most ambitious trajectory of the Paris Agreement, to limit global warming by 1.5oC.
As at 31 December 2020, we managed £1.7bn AUM, including a several residential development projects, a growing office portfolio in Madrid and Paris, and retail-led assets in Stockholm.
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