Embed Size (px)
Citation preview
City of Reykjavík
March 2018
Department of Economic DevelopmentCity of Reykjavik
Data center locations
80 summer destinations
40 winter destinations
Daily flights to New York,
London & Copenhagen
200.000 inhabitants
12,7 minutes average commute
41% of inhabitants University educated
Knowledge city
Knowledge city
20,000 University students in Reykjavik
The University of Iceland
14,000 students
Internationally renowned research university with a world class team in medical sciences and geothermal research
Reykjavík University
3,000 students.
Focus on innovation, technological development, and active cooperation with industry
The city has several world class research institutions in geology, ocean and genetics research.
Knowledge city
Source: StaticeDistribution of labor force in Reykjavik, no of pax and %
1.700
16.700
16.400
5.600
8.500
5.900
13.700
5.600
12.100
13.700
9.600
2%
15%
15%
5%
8%
5%
13%
5%
11%
13%
9%
0 2.000 4.000 6.000 8.000 10.00012.00014.00016.00018.000
Agriculture and fisheries
Production
Commerce
Hospitality
Transport
Financial services
Real estate
Public services
Education
Health and social services
Other service
Knowledge city
Source: Statice
Distribution of total salaries in manufacturing
Festival city
Tourism has recently grown rapidly in Reykjavik
This has led to the opening of exciting new restaurants and quality hotels
Iceland´s first 5 star hotel is expected to open next to the Harpa Conference and Concert Hall in 2016
The city calender is full of festivals and concerts giving inhabitants many options for after hours activities
Festivities include: Food and Fun, DesignMarch, Winterfestival, Summer Solstice, Culture night, Iceland Airwaves and many many more
Next door to nature
Reykjavik is one of the greenest cities in the world
Two salmon rivers run through the city
Surrounded by mountains, ocean, wilderness and amazing geological phenomena.
Geothermal resources provide green energy for industries, as well as hot water for heating houses and other domestic use.
Geothermal water is also used for the country’s signature number of spas and thermal pools
Road construction fee Local tax imposed on all construction to finance local roads.20.059 ISK/sq.m. (Jan 2018)To be paid 45 days after receiving lot.The fee is used to build and maintain roads around the building. Possibilities of rebates in incentives contracts
Costs of connection fees for heating, water, electricity and data can be given when building size and electricity need is provided to the relevant utility provider.
Real estate taxReal estate tax is 1,65% of the real estate valuation of the building on the plot.
Land rent terms
Incentives
Land rent
Industrial plots are leased for 50 years
A long term land lease is very comparable to ownership because of its long duration.
The standard lease rate is 1% of the plot valuation per year.
If the area plan and master plan have not changed the lease automatically is renewed for 50 years in the end of the first 50 years.
If a contract is not renewed the city of Reykjavik will purchase them for a fee estimated by individual, third party valuators.
Incentives
Possibility of a rebate on real estate tax
Data center locations
Reykjavik can offer two excellent locations for large scale data centers (over 200.000 sq.ft.):
Esjumelar and Hólmsheiði
All locations are less than 20 minutes from the city center and offer great access to energy and fiber connections.
BÚSTAÐAVEGUR
Connections
All location are close to the energy grid witha sub station near by.
Landsnet operates the electricity transmission system and administering its system management between regions.
Reykjavik energy manages the local energy network
BÚSTAÐAVEGUR
BÚSTAÐAVEGUR
HPC for the Danish Meteorological Office
LAMBHAGAVEGUR
ESJUMELARTotal area size: 120 ha.
Possible to design plots according to need.
Well connected to road (next to highway 1, electricity (sub station in ) and data connections
Reykjavik energy sub station located next to the industrial park
Current sub station capacity around 20 MW
Possible to increase capacity
City Center
ESJUMELAR
HÓLMSHEIÐI
Two MOU‘s signed with data centers
Master plan: office, services and lightindustry
Area plan being developed
Well connected to road, electricity and dataconnections
Next to a major substation (Geithals)
Only 15 minutes to downtown Reykjavik
7
9
City Center
HÓLMSHEIÐI
Reykjavik Science City
12
3
1. University of Iceland
2. University hospital
3. Hlíðarendi
4. University of Reykjavik
5. Skerjafjörður 4
5
City CenterThe most excitingdevelopment area in Iceland in theReykjavik Science Citynext to downtownReykjavik.
The area consists of two universities, a university hospital and several excitingdevelopment plots.
Alvogen ( biotech)
ccp – it
University of Iceland – Science Park
University hospital – new wing
New hospital wing at the University hospital
Project value around 400 million €
Hlíðarendi – new mixed use area
780 apartments
Shops on selected ground floors
Hotel
Sports facilites
University of reykjavik
390 student apartments
Connected to Reykjavik University
skerjafjörður – new residential area
Around 1.400 apartments in a new residentialarea with beutiful ocean views
For more information contact:
Department Economic DevelopmentCity of [email protected]: +354 411 1111
