The 67 acres property was transferred from AFK to the subsidiary Vindholmen Eiendom AS in 2018.
The transformation from industry to mainly homes was approved by the city council in February 2018. There is now an area plan for the entire district, as well as a detailed zoning plan for the first four construction phases. When finalized, Bryggebyen will consist of 700 homes build in 12 stages.
The area is considered to be very attractive due to its proximity to the sea, its proximity to public transport and good sun conditions. The first stage of construction consists of approximately 6,500 square meters BRA-S divided into 82 apartments. Sales start in the spring of 2019. Pending satisfactory sales, the first residents will move in early 2021. The entire project is planned to be developed over 10-15 years. Vindholmen Eiendom is the builder of the project.
Arendals Fossekompani (AFK) is an industrial investment company that invests in energy and technology related companies with an international market potential. AFK is also a producer of hydro power, a property developer and a financial investor.
Cogen Energia builds and operates cogeneration power plants for higher energy efficiency, reduced CO2-emissions and increased competitiveness.
EFD Induction provides industrial induction heating processes in defined market segments around the world.
Bøylefoss Hydropower Plant
For more than 100 years, Bøylefoss Hydropower Plant has delivered electric power to the industry and households.
Flatenfoss Hydropower Plant
Flatenfoss is situated between Nelaug and Bøylefoss in Nidelva (the Arendal river). The power plant came in to operation in 1927.
Kilandsfoss kraftverk AS has a consession to utilize the height of fall between Flatenfoss and Bøylefoss in Nidelva.
Glomsdam hydropower plant is under planning in Glomsdam at the outlet of Fyresvatn in Telemark.
NorSun manufactures and markets high performance products for the global solar energy industry.
Arendal Airport Gullknapp
AFK is the principal owner of Arendal airport Gullknapp AS (ALG), a newly built airport in Froland, 15 minutes north of Arendal city center.
Vindholmen Eiendom (Bryggebyen)
At Vindholmen, three kilometers outside Arendal city center, Arendals Fossekompani converts an old maritime business area into a new living district.
Steinodden Eiendom AS in Kilsund in Arendal is a 8000 square meters property in a sunny location by the sea.
Since the deregulation of the Norwegian energy market, Markedskraft has been a knowledge specialist in the European power market.
NSSLGIobaI is a leading independent provider of satellite communications and IT solutions with innovation and customer service at the core of its DNA.
Scanmatic deliver robust system solutions and products in the fields of instrumentation, data collection and remote monitoring and control.
Tekna delivers equipment for powder production of advanced materials. Tekna is also a producer of such powder.