Image: Þorpið vistfélag/Facebook.

Demand High for Housing in New Eco-Friendly Neighbourhood

 In Business, News, Society

An environmentally-friendly housing development still in the planning stages has received overwhelming interest and around 700 applications, Vísir reports. The new neighbourhood is to be located on Gufunes peninsula in eastern Reykjavík, and will feature 130 prefabricated wood apartments, community gardens, and rideshare cars. It’s the largest project within the City of Reykjavík’s initiative to build 500 affordable apartments for young people and first-time buyers in the coming years.

The apartments in the new Gufunes neighbourhood are expected to be high-quality, environmentally friendly, and affordable. Þorpið vistfélag is the real estate company behind the development, which will be designed by Yrki Architects. Þorpið has requested authorisation to plant a forest above the neighbourhood in order to offset emissions created by the transportation and assembly of the homes. The organisation has also asked the City of Reykjavík for permission to use the neighbouring green area for vegetable gardens and chicken coops. Residents of the new neighbourhood will also have access to electric cars for short-term rentals.

Plans for the development show a dense neighbourhood of two- to four-storey buildings around a common square facing the sea. The area will feature pedestrian-only streets to prioritise foot traffic. Due to the number of applications, Þorpið vístfélag plans to draw names in order to allocate the apartments.

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