Uppsala's second city centre is emerging.
|Premises type||Detailed development plan exists (m2)||Change required (m2)|
Uppsala is the fourth largest city in Sweden with a steady population growth, growing business and world-leading research and innovation. Uppsala is one of our most important submarkets and we are focusing our operations on the City of Uppsala and Gränbystaden, which we are developing into Uppsala’s second city centre.
Over the past six years, we have carried out a number of major investment projects in Gränbystaden in order to create an attractive and vibrant cityscape with a mix of retail, offices, residentials, service and cultural activities. By mixing activities we are creating a safe place that has life and movement 24 hours a day.
In 2019, we obtained a new land allocation with a development right for potentially 45,000 m2 GFA for residentials and offices, including parking, south of Gränbystaden Galleria. Detailed development planning is underway and expected to be complete in the fourth quarter of 2021. Construction of the offices may potentially start at the beginning of 2023.
We are also looking into the possibility of starting a detailed development plan to further develop and condense the area that is currently the car park next to the shopping centre; this comprises a total of 45,000 m2. In northern Gränbystaden there is also the possibility of developing 5,000 m2 GFA for offices and retail on the remaining land within the existing detailed development plan.
In total the development projects in Gränbystaden represent an investment volume of approximately SEK 3 billion.