On Tuesday, 14 December, the building committee in Gothenburg decided to take the next step in the urban development project Framtidens Backaplan and allow zoning plan 2 go out for consultation. In this part of the major project at Hisingen, the property company Balder is planning to construct five blocks including housing and commercial premises east of Kvilleparken, very close to Hjalmar Brantingsplatsen.

"At Balder, we are proud to play an active part in the transformation of the site and it is gratifying that we can now take the next step. Framtidens Backaplan will be a vibrant district with people in focus and we are very pleased to be able to contribute to the project. If everything goes as we hope, our first apartments will be ready for occupation as early as 2025," says Joakim Gralén, Property Developer at Balder.

In this first part of Framtidens Backaplan, Balder is planning approximately 1,000 apartments in mixed forms of tenure and sizes as well as 30,000 sq.m. of commercial floor space, divided among five blocks. The residential blocks will be built with a green courtyard, building bodies in varying heights and according to the environmental certification standard Miljöbyggnad Silver. The blocks will be developed in a number of phases, with the final construction start around the year 2030.

Apart from Balder, Skandia Fastigheter and the City of Gothenburg also have construction plans in this part of the urban development project. More information about the Framtidens Backaplan project and the development of the area is available onwww.framtidensbackaplan.seandwww.stadsutvecklinggoteborg.se.

For more information, please contact:

Joakim Gralén, Property Developer Balder, tel. +46 31 83 94 54
Eva Jonasson, Press Information Officer Balder tel. +46 31 10 79 44

Fastighets AB Balder is a listed property company which shall meet the needs of different customer groups for premises and housing based on local support. Balder's real estate portfolio had a value of SEK 179.2 (151.1) billion as of 30 September 2021. The Balder share is listed on Nasdaq Stockholm, Large Cap.

Fastighets AB Balder (publ)

Box 53 121, 400 15 Gothenburg

Tel +46 31 10 95 70

Corp. identity no. 556525-6905, Registered office Gothenburg

balder.se

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Fastighets AB Balder published this content on 16 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 December 2021 07:18:02 UTC.