“The transformation underway in a classic Million Program* neighborhood is both unique and aggressive,” says Maria Säterdal, Property Manager, Stena Fastigheter in Fisksätra. “Fisksätra is situated by the sea in an environment of significant natural beauty. Giving the neighborhood a new lease on life with new buildings, while renovating, remodeling and adding to the existing buildings is a massive undertaking with a clear message: We believe in the neighborhood.”

ADDING NEW FORMS OF HOUSING

Stena Fastigheter is a long-term property owner in the areas where it owns and manages homes. In Fisksätra, the company presently manages 2,500 rental apartments, and now new forms of housing, such as nursing homes and condominiums, are being added to blocks otherwise dominated by rental apartments.

“This gives people who are willing and able to own their homes the opportunity to move to the neighborhood, as well as our present tenants the opportunity to stay, which is positive,” says Maria Säterdal. “Neighborhoods with mixed forms of tenancy have good social sustainability.”

In parallel, Fisksätra Centrum is being remodeled and expanded. Shops, restaurants, libraries and hairdressers are gradually moving into the modern urban center. In addition, new infrastructure, roads, water supply and waste collection facilities are being built. The municipality is investing in a new multi-use arena and Region Stockholm is upgrading the Saltsjöbanan suburban rail line with double track.

“When we enhance neighborhoods, we also gain new opportunities, both for our business and for our tenants and customers,” says Hakar Ahmad, Project Manager for Stena Fastigheter’s new production. “Here we’ve worked with the municipality to calibrate an end-product with urbanity in mind. Fisksätra will be safe and vibrant, enabling ample opportunities for interaction.” 

WHAT MAKES WORKING ON THIS URBAN DEVELOPMENT PROJECT ESPECIALLY REWARDING?

“As always, what’s most rewarding is working with people, and above all with my colleagues,” says Hakar Ahmad. “I also find it stimulating to see how our overall approach to Fisksätra simplifies everyday life for so many people. By investing in a mix of commercial and residential properties, we’ll also be able to meet the needs of our tenants as their life circumstances evolve. I think this is a good example of how thoughtful urban development works in practice.”

“Through the people who live and work here, in both the existing and new buildings, Fisksätra is taking a big step towards the sustainable society of the future in overcoming destructive, unsustainable forces. Being part of this development is both fascinating and extremely exciting,” says Maria Säterdal in closing.