Castellum and Einar Mattsson have signed an agreement to jointly develop the Sorbonne, Greifswald and Harvard blocks, all of which form part of Area D in Stockholm’s Hagastaden. The areas comprise approx. 23,000m² of office and commercial premises, and 150-170 residences. Together, the companies will carry out the necessary construction site activities to situate building foundations according to existing road and railroad tunnels. The offices will be strategically located close to the new Karolinska Solna and Karolinska Institutet hospital areas. The residences are planned for the southern vicinity of Hagastaden Park.
“We build and manage buildings – but our primary focus is not limited to walls, floors and ceilings. Our objective for the Hagastaden blocks is to create a space where synergies can be created between workplaces and residences, and where people and companies can grow and thrive together. The joint-project agreement with Einar Mattsson is important because it lays a foundation for what we want to create. They are an experienced residential developer which complement our competence within the office and public sector,” said Henrik Saxborn, CEO at Castellum.
“We operate with a long-term view in our investments and thereby enjoy the strength to develop new residences even in weaker markets. This cooperation means that both companies can contribute substantial expertise in their respective specialist sectors – residential and commercial spaces. The high ambitions for the area, new transport and communication channels, and the mix of workplaces and residences will turn Hagastaden into one of Stockholm’s most attractive areas,” said Peter Svensson, CEO at Einar Mattsson Projekt AB.
The development will occur in several stages, with preliminary timing for construction groundwork set to begin in 2021. All residences, office spaces and commercial areas are expected for completion and occupancy from the beginning of 2025.
