Picture of Kineum building in Gothenburg

Urban development in Gothenburg

With a focus on sustainability, Gothenburg is expanding and the city is densifying. An estimated EUR 100 billion is projected to be invested in property developments and infrastructure between 2016 and 2035. The opportunities for investors and innovators in sustainable urban development are tremendous.

  • 100 BN

    to be invested in properties and infrastructure 2016-2035

  • # 1

    most sustainable destination in the world (GDSI, 2022)

  • 120 K

    new jobs 2016-2035 

Urban development: Gothenburg's sustainable transformation

Gothenburg is on a new path towards becoming a more sustainable and interconnected city. But it’s not just about new buildings and places. We’re creating possibilities for meetings, interaction, experiences and development. This is generating immense optimism for the future, and part of the reason why we are attracting people, companies and investment like never before. 

The region is bustling with development projects, many of which are in ideal city locations. One such project is RiverCity, where former shipyard areas in the heart of Gothenburg are being given a revival and new city areas are emerging. With 5 million sqm being developed, including 25,000 apartments and workplaces for 50,000 people, it’s the largest urban development project in Scandinavia. One of the landmark features is the skyscraper Karlatornet, which is scheduled for completion in 2024. At 246 metres-tall, it is set to become the Nordic countries' tallest building.

Picture i building cinstruction i Gothenburg

New infrastructure projects

In Gothenburg, well-functioning logistics and transport are already in place. The city is also investing heavily in infrastructure projects and public transportation to meet the demands of tomorrow. Notably, a new tunnel under the Göta River, the Marieholm Tunnel, opened in December 2020, and a new bridge in the city centre, the Hising Bridge, opened in May 2021. Looking ahead, Gothenburg will see the construction of a new rail tunnel under the central city known as the West Link.

Picture of Marcus Scoliège

Gothenburg is carrying out a large-scale urban expansion. At the same time, we have highly ambitious sustainability goals. Expertise, innovative solutions and collaboration partners are needed to keep driving progress towards a sustainable city.

– Marcus Scoliège, Head of FDI, Business Region Göteborg

Picture of Lindholmen in Gothenburg

Virtual tour

Take a virtual tour and see some of Gothenburg's energy-efficient and innovative buildings. The VR-tour can be enjoyed without VR-glasses. 

Take on the VR-tour

Opportunities for innovative companies 

Gothenburg’s extensive plans demand not only major investments but also innovative and sustainable solutions. This presents opportunities for investors and businesses offering everything from smart energy solutions and ideas within traffic systems to different types of housing. 

Businesses and academia are also encouraged to use the city as a test arena for new ideas. More and more exciting urban development and innovation projects are underway. One such project currently underway is Gothenburg Green City Zone, an area of the city where new technology for both vehicles and infrastructure are being tested with the aim of achieving emission-free transport by 2030. Another example is HSB Living Lab, where students and researchers live inside a dynamic building in order to test innovations and technical solutions intended for next-generation housing. Another valuable asset for companies is Johanneberg Science Park, a collaboration arena for academia, public actors and the private sector, which drives national and international innovation projects and tests new solutions.

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