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Pension fund starts construction of new mixed-use building

21Ø Will be a 19,000 Square Metre mixed commercial and residential use-property located on the edge of Copenhagen Science City

Copenhagen Science City will soon be able to welcome a sizeable addition to the local selection of commercial properties. The Danish pension fund-owned developer ATP Properties is breaking ground on 9,000 square meters of office space, 6,000 of residential and 4,000 for parking. All on one of the innovation districts most attractive corners, where Jagtvej meets Vibenshus Runddel. Completion is expected in 2025.

Fills a desperate need

ATP Properties will name the new property 21Ø after the postcode for the area. Its location is just across the street from University of Copenhagen’s centres for pharmaceutical research and minutes away from the university hospital Rigshospitalet.

We see a growing demand for office space from innovative companies in life science, IT and other sectors. They want to locate close to the researchers and facilities in our innovation district, and we welcome this new property by a highly respected developer”: Kristoffer Klebak, Head of secretariat, Copenhagen Science City.

Attractive meeting space

On the ground floor of the property, a café with an in-house bakery will ensure an attractive meeting space for residents as well as visitors. This is in line with the original function of buildings on this corner. From 1629 this location was home to an inn as well as to the gatekeeper to Copenhagen.

Convenient for rail and air-travel

Although the city has grown out, the corner is still an important junction for traffic and the opposite corner houses a station on Copenhagen’s Metro City Ring. This means that the Central Station, Hovedbanegården, is just a thirteen-minute ride away and the international airport in Kastrup is less than half an hours’ ride.

Commercial and residential mix

The property will taper from five to nine floors. Apart from the commercial leases it will include 77 residential spaces. Of these, 26 will be youth residences, 47 family apartments and four seven-room apartments will be rented out furnished. A modern parking garage will provide space for 72 cars. The official address will be Jagtvej 171, Aldersrogade 1, 3A to 3E and 5

The projects’ architects are Dissing+Weitling. ATP Properties is a wholly owned subsidiary of ATP-Pension which provides the Danish Governments’ lifelong annuity plan, which is a supplement to the state pension, the Folkepension. ATP had accumulated a capital in excess of 900 billion DKK in 2021.
Read more on the ATP homepage…