Buildings account for as much as 40 percent of the world’s CO2 emissions, so the real estate industry is crucial in the green transition. One of the current hot topics is modern wooden construction, where, among others, The New European Bauhaus in recent years has pushed for speeding up the development. The completed projects so far, however, are often individual buildings or blocks. Various research studies have shown that wooden buildings provide better air quality, reduce stress, increase productivity, and store carbon dioxide throughout the time they are in use.
In two year from now, the first sod is planned for creating Stockholm Wood City — the world’s largest urban construction project in wood — right outside the capital’s city centre, in Sickla. The project extends over 250,000 square meters and houses an additional 7,000 office spaces and 2,000 homes in a mix of workplaces, housing, restaurants, and shops. The project will focus on self-produced, stored, and shared energy as well as investing in resource-efficient construction methods and circular material flows.
— This is not only an important step for us as a company, but a historic milestone for Swedish innovation capability. It manifests our future. From tenants, there is a strong demand for innovative, sustainable solutions — a demand that we meet with this initiative, says Annica Ånäs, CEO of urban developer Atrium Ljungberg. She continues:
— 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.