Also known as Paper Island (Papirøen) for its history of warehouses that stored rolls of newsprint for the Danish press, the island has, in recent years, seen steady flow of visitors as the warehouses began to be used for various cultural activities and is home to a number of creative organisations including Copenhagen Street Food, Eksperimentarium and Copenhagenize Design Company.
With the rental contract for the island expiring in 2017, the municipality and state-owned company By og Havn (City and Harbour) ran a competition to find the best proposal for the future development of the island.
Copenhagen Inner Harbour before and after Paper Island redevelopment. Pictures from cobe.dk
The redevelopment project was won by architect firm Cobe, whose proposal emphasised the continued use of the island for cultural and recreational purposes as well as residencies.
The new development will include a series of new halls for "informal, public functions as such as an event hall and a swimming hall", according to Cobe's website.
The architects have adopted a 'blue without, green within' concept for the island's redevelopment. Picture: cobe.dk
Private housing will be placed on top of the halls and a promenade will be added, as well as green areas to be encircled by the halls.
The developers say that they hope the changes will see the island, which has a central location on Copenhagen's inner harbour, become an attractive prospect for both locals and visitors.
The building work is scheduled to start in 2018 with completion expected by 2020.
The development will receive a billion kroner ($140 million) investment from Danske Bank's pension arm Danica Ejendomme.
"The project might creep into 2021, but it's moving ahead, and I can't see what will stop it," Danica Ejendomme's director Peter Merring said to Børsen. "So we are ready to provide the cash."
COBE's plans include thermal baths. Illustration: COBE
The former industrial island will get a green makeover. Illustration: COBE
The plans call for the new Paper Island to be ready by 2020. Illustration: COBE