Køge Municipality is offering 52,000 m² of building rights at Køge Nord Station – A wide range of possibilities: Hotel, conference centre, offices, retail and housing

Køge Municipality has major development plans and is now offering a total of 52,000 m²of building rights on land ready for development, directly adjacent to Køge Nord Station. EDC Erhverv Poul Erik Bech will manage the tender process on behalf of Køge Municipality, and the opportunities are numerous, with a hotel and conference centre as top priorities alongside offices, followed by retail outlets and potentially housing. The location is attractive, with a transport hub at the station, maximum visibility with up to 130,000 daily passers-by towards the Køge Bugt Motorway, and just a 20-minute direct train journey to Copenhagen Central Station.

Køge is currently undergoing a transformation that extends far beyond its role as a suburb of Copenhagen. With Zealand University Hospital in Køge, the extension of the Køge Bugt Motorway and Køge Nord Station offering direct access to Copenhagen – as well as good connections to the rest of the country and abroad – there is a positive atmosphere in the municipality. Project Manager at Køge Municipality, Johan Leo, says:

“We are in a good position in Køge Municipality, where the town is growing significantly and we have the highest job growth on Zealand. Many companies are choosing to locate here, and the business community is attracting employees from across the region; the strategic investments in a strong infrastructure are really starting to pay off. At the same time, we will also benefit in the long term from the Fehmarn Belt link to Germany. We are therefore ready with a new initiative to future-proof development in the municipality and are offering large, ready-to-build commercial sites totalling 52,000 near Køge Nord Station. We envisage several possible scenarios for this major project, with many opportunities for one or more prospective buyers.”

“The council is keen to engage in constructive dialogue with potential buyers and will be open to accommodating the wishes of prospective buyers. Our top priority is to build a high-quality hotel, ideally with a well-functioning conference centre that can attract more events to the town. At the same time, offices are an obvious fit given the prime location right by the station, and businesses could, for example, make use of the canteen in the conference centre. Furthermore, we will also be open to retail shops, a supermarket and cafés, and we will not rule out a well-thought-out residential project. The possibilities are therefore many, and we invite interested parties in the municipality to engage in dialogue about the site’s potential and the next steps in Køge’s development.”

Mixed-use commercial development ready for the future
The areas around Køge Nord Station can be planned for mixed-use commercial development, where businesses can combine production, research, development, laboratories and administration in a single location. At the same time, the municipality is working purposefully to retain the industries that are already strongly represented in Køge. Mikkel Emil Valeur, Partner, EDC Erhverv Poul Erik Bech Roskilde, says:

“The area is a key hub at the gateway to the capital and a central part of the municipality’s business development strategy. The site is ideally suited for offices, professional services and hotel and conference facilities, but there is particular potential for manufacturing companies, including food production, life sciences, energy and climate solutions, seeking to establish themselves in an urban, visible and sustainable setting with access to a highly skilled workforce.”

John Borrisholt, Director and Partner at EDC Erhverv Poul Erik Bech Roskilde, adds: “The area is planned to accommodate up to 52,000 m² of floor space in buildings of varying heights up to 30 metres, with a maximum of eight storeys. With good infrastructure, including a station and motorway, and improved market conditions for hotels and conference centres driven by growing tourism, this is also a solution that the municipality has high on its wish list . However, the framework is fairly open, and it will be very exciting to see what good ideas potential buyers come up with for developing the area.”

The tender process will be conducted as three separate tenders within the same plot of land, where Køge Municipality wishes to see the area developed. The tenders will be conducted separately, but a buyer has the option to bid on all three tenders, which will be viewed favourably in the municipality’s assessment of the bids received.

Read more about the matter at www.edc.dk/469007427

John Borrisholt

Direktør, partner, Cand.merc.jur. MDE
Phone: +45 58587939
Mobile: +45 23384312
E-mail: jsb@edc.dk

Mikkel Emil Valeur

Partner, Erhvervsmægler, Cand. merc., Valuar
Phone: +45 58587873
Mobile: +45 24942474
E-mail: mev@edc.dk