The Malmö District Turning Industrial Ruins Into Climate Assets—And Why Oatly Moved In [Forbes]
Blackstone Inc. (BX)
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Source: Forbes
Not the metaphoric steel beams jokingly marketed as the main ingredient of Scottish drink brand Irn Bru , but actual girders. The girders were sourced from a databank of materials rescued, stored, and listed online by Varvsstaden AB , the urban regeneration developer in charge of reshaping the city's Varvsstaden district, a historic former shipyard that closed in stages throughout the 1980s and 1990s. Stockholm-listed real estate company Balder and construction company PEAB own the development company, a previous incarnation of which bought the 190,000-square-meter former shipyard in 2005, later levelling what couldn't be saved while retaining nine historic brick structures, including the Gjuteriet building, now home to Oatly. The alt-dairy heavyweight's “new” HQ was fashioned from reclaimed materials and erected in the shell of a former foundry dating to 1910. Restored by architecture firm Kjellander Sjöberg , the building's partially ruined exterior walls were reimagined with re
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