Denmark capital’s authorities have announced their new ambitious plan to build the artificial island which would be built on the end of Refshaleøen, itself an extension at the northern point of Amager, an island district within the city, Reuters reported.
Danish prime minister Lars Løkke Rasmussen, along with two ministers and Copenhagen’s lord mayor Frank Jensen, announced the new development plan about the artificial island near the capital. The details of an ambitious plan were laid out at a press conference on Friday morning. CPH City & Port Development, a company jointly owned by the City of Copenhagen and the Danish State, is ready to fund the unbelievable state project.
“There will be an island able to accommodate 35,000 residents with the corresponding number of jobs,” PM Rasmussen said.
The new name of the new district is Lynetteholmen, its first few homes of planned 20,000 ones scheduled to be built by 2035, the last one by 2070. The business minister Rasmus Jarlov added that Friday conference is a definitely historic event not only for Copenhagen but for the country.
How the new island will be functioning
PM Rasmussen said that the overall cost of the project was estimated at 2.7 billion euros, but stressed that “this cannot be stated precisely” so far. The island itself will be constructed using surplus material from other construction projects in the city, meanwhile, a new tunnel under the harbour and a ring road to the east of the city will be constructed as infrastructure is developed, while measures will also be taken to improve the environmental impact of the urban area.
A proposed new metro line connecting the new district with the rest of Copenhagen would be financed by the sale of land on the newly-reclaimed ground, Minister of Transport Ole Birk Olesen said.
Construction of Lynetteholmen could begin in 2021 and continue well into the second half of this century, with estimated completion in 2070.