The Astrup Fearnley Museum of Modern Art, shown at left and below, is a major anchor of the new development, helping give this waterfront location back to Oslo residents. (Nic Lehoux)

The Astrup Fearnley Museum of Modern Art, shown at left and below, is a major anchor of the new development, helping give this waterfront location back to Oslo residents. (Nic Lehoux)

The goal of Tjuvholmen is to create a modern, mixed-use waterfront community that includes residential and office spaces, hotels, restaurants, and an art museum. (Finn Ståle Felberg)

The goal of Tjuvholmen is to create a modern, mixed-use waterfront community that includes residential and office spaces, hotels, restaurants, and an art museum. (Finn Ståle Felberg)

Developer: Tjuvhomen KS/AS and Niels Torp AS Arkitekter MNAL
Designers: HRTB AS Arkitekter MNAL, and others.
Size: 126 acres (51 ha)

Tjuvholmen is a completely new borough of Oslo and part of the grand plan called the Fjord City, intended to recover the waterfront. The complete 126-acre (51 ha) Tjuvholmen area consists of more than 900 dwellings and working space for 1,500 people at a cost of around €1 billion (US$1.2 billion).

Following a 2003 master plan by renowned Norwegian architect Niels Torp, the project includes the Astrup Fearnley Museum of Modern Art, a first-class hotel, restaurants, cafés, and convenience shops. The development has followed the master plan with only minor exceptions and with no controversies during its execution. Risk management has allowed the development to proceed without any financial constraints. The developers have fulfilled the Council of Oslo’s vision to give the seaside back to the local residents. Tjuvholmen is a spearhead development of the new Fjord City, transforming it from a closed port into a modern and livable part of town.

Tjuvholmen is a 2014 Global Awards for Excellence winner. Submissions for the 2015 Global Awards for Excellence are due March 16, 2015. Click here to learn more.

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