The Municipal Council in Upplands Väsby yesterday approved a land alllocation agreement between Upplands Väsby Municpality and Balder. Consequently, Balder will be the Municipality’s anchor partner in the continued work on Väsby Entré, which is Upplands Väsby’s largest-ever urban development project.

”Väsby Entré will be a landmark for the northern part of the County. I look forward to cooperating with Balder in order to realize Väsby Entré,” says Mathias Bohman (Social Democratic Party), Chairman of the Municipal Executive Board.  

As the anchor partner, Balder will be responsible for developing more than half of Väsby Entré, while other companies will be responsible for the remaining part. About one third of the planned homes will be rental apartments and two thirds with be tenant-owner’s apartments. Balder’s participation will include housing as well as premises for public services and commercial use. 

”It will be extremely rewarding after all the yeas of planning to be able to realize Väsby Entré together with such a serious player as Balder,” says Anne-Sophie Arbegard, Project Manager for Väsby Entré. 

The station area will be developed for flexible travel and transfers involving bicycle, car, bus and commuter train. The project also includes more that 1,000 new homes in apartment buildings and premises of 30,000 square metres for shops and offices. The architectural vision, which was the result of an extensive civic dialogue, is the final project designed by the world-famous architect Zaha Hadid before her premature passing.

”We are impressed by the friendly and professional reception from Upplands Väsby. Both parties believe in taking overall responsibility and in a development that will extend far into the future, which feels very promising,” says Erik Selin, CEO of Balder. 

About 50 construction companies registered their interest in 2017 to participate in the development of Väsby Entré. The Municiaplity chose to enter into an advanced dialogue with 15 companies, including Fastighets AB Balder. Evaluation is continuing of the other strategic construction companies that will be chosen by the Municipality during the autumn of 2018.  

During 2017 and spring 2018, Balder submitted successful tenders in respect of three major urban development projects; Rissne, Hallonbergen and now Väsby Entré.  

”We are humble about the great confidence that Upplands Väsby has placed in us. It will be particularly interesting to cooperate with the Municipality and the other companies from the industry who will complete the team. Together we are going to create something really excellent,” says Erik Selin.