On the waterfront

Interest among property speculators accelerates as Copenhagen continues to revamp its harbour areas

Aug 12, 2014

Partly fuelled by the expansion of the Metro, the capital’s waterfront renaissance is showing no signs of stopping anytime soon as property developers fight over every free spot, reports Jyllands-Posten.

READ MORE: Copenhagen becoming a city for the wealthy

According to recently revealed figures, the harbour area of Nordhavn is the new Islands Brygge – a waterfront community in Amager where the population has doubled over the last few years – and it is estimated the once run-down city district, which is part of the long-term plans for the Metro, will soon have 40,000 residents and 40,000 people working there.

Old concrete silos in Nordhavn have already been converted into offices, and the rebuilding in that area shows no signs of slowing down.

Development work is also ongoing in areas like the aforementioned Islands Brygge; Holmen, the island next to Christianshavn that houses the Opera House; and Tuborg Havn, once a run-down factory area and now a bustling neighbourhood filled with homes and businesses on the Øresund.

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