TK Development has entered into a cooperation agreement with SKF Sverige AB to develop SKF’s former factory area in the old part of Gothenburg. The contemplated project comprises a total floor space of about 85,000 m²: 40,000 m² for a shopping centre, 15,000 m² for service/commercial space and 30,000 m² for housing. TK Development will be in charge of developing the 55,000 m² for a shopping centre, services and commercial facilities, while a housing developer will have responsibility for the 30,000 m² of housing. The local plan is currently being prepared, but it has been delayed and is not expected to be adopted until 2017. The project is being discussed with potential tenants, and a number of lease agreements have been concluded.
View video presentation of the project.