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Fornebu – Transformation from Airport to a New city

Fornebu – Transformation from Airport to a New city. PRIO Cyprus Center, Nicosia 30.09.11 Planning, landownership and economy. Fornebu before Oct. 1998. Fornebu 2020!. 6300 housing units 12-18000 inhabitants 15-25000 workplaces. Ownership of airport grounds.

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Fornebu – Transformation from Airport to a New city

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  1. Fornebu – Transformation from Airport to a New city PRIO Cyprus Center, Nicosia 30.09.11 Planning, landownership and economy

  2. Fornebu before Oct. 1998

  3. Fornebu 2020! • 6300 housing units • 12-18000 inhabitants • 15-25000 workplaces

  4. Ownership of airport grounds • Location : All within the Municipality of Baerum – 5 miles from the City center of Oslo. • Size of airport : 340 hectars (3,4 km2) • State ownership : 54 % • The City of Oslo : 46 % • The Municipality of Baerum: no ownership – but planning authority and provider of sosial infrastructure

  5. Planning - development cost - profit • Strategy of the State : Selling land to partially finance a new airport in another location • Strategy of the City of Oslo : Selling land when planning completed ------- • Main technical/green infrastructure : 200 mill euro (landowners) • State/Oslo sold planned areas to developer : 400 mill euro • Social infrast. 1. phase (schools etc) : 150 mill euro (municipality) • Developer sold the prosject to another company : Profit 300 mill euro

  6. Models for planning and financing development • Assumption : At the outset there are several or many landowners with autonomus interests • Model 1: Landowners selling land to developer before starting planning • Model 2: Selling land after planning but before development • Model 3: - Owners stick together through planning and development, each with a share corresponding to the size of the lot they own. - Make agreement with financial institutions/developers - Value of land and dividends from development is paid out successively through development process – or in the end.

  7. Fornebu – Master plan 1999 • Building zone 200 ha • Green areas 130 ha

  8. Kommune-delplan 1 (KDP-1)

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