Science Village Scandinavia AB sold additional development rights to Skanska in December. The two acquisitions are very centrally located in Science Village, only a few metres from the ESS tram stop. “We experienced increased interest in 2020 from businesses wanting to set up operations in Science Village and The Loop. It is exciting now to be able to ‘expand’ the Loop concept within Science Village through these new acquisitions,” says Hans Fransson, a project developer at Skanska Sverige.
The deal involves a 3,700 square metre plot with development rights for 11,600 square metres across two properties. Both properties are adjacent to Rydbergs Torg – the “heart” in Science Village.
Already a lot going on
Since Skanska acquired its first construction right in Science Village, it has worked to develop The Loop building. The building aims to be a meeting place that facilitates interaction between commercial companies and research and innovation and will also house a congress and event venue with seating for up to 1,000 guests. A restaurant/bar is also planned in the building and an entire floor will be devoted to co-working. This is all to encourage cross-border meetings and collaborations. Construction will start on the Loop in the summer of 2021 and the building is planned to reach completion in the second half of 2023.
Skanska has invested considerable resources and commitment in the Loop to create a vibrant meeting place even outside normal working hours. The building will be a regional hub for research and innovation-driven companies. The in-house businesses will contribute to consolidating the area and creating value from the research investments made in the European Spallation Source (ESS) and MAX IV.
Space for academia, the general public and businesses
Skanska’s newly acquired development rights will also be developed to support the emerging research and innovation cluster in Science Village. In the Loop, the aim is to create buildings that encourage innovative processes and create fruitful encounters between academia, the general public and businesses. One of the properties is located between Rydbergs Torg and Lund University’s future Science Village campus. The other property is in the southeast corner of Science Village – it has the best location with less than 30 metres to the tram, ESS and Lund’s new major park called Kunskapsparken.
“It is really encouraging that Skanska wants to continue working with Science Village. “We are very pleased with the way they have developed the Loop, says Christian Lindfors, CEO at Science Village Scandinavia AB. We are convinced that they will continue developing the building in this spirit and create new innovative environments that benefit both future tenants and Science Village in general.”
Energy-positive – for real
As with the Loop, the aim is for future buildings to produce more energy than they use with minimal environmental impact. The development in Science Village is an important component in Skanska’s journey towards climate neutrality.