Ártúnshöfði
Description of the action and objectives
Green Deal action
Ártúnshöfði, Elliðaárvogur is Reykjavík's largest development area. The plan is for this new district to have up to 8,000 apartments housing up to 20,000 city residents. The initial development areas will include 3,500 residential units, two primary schools and one consolidated school, alongside thriving commercial and business activities at Krossamýrartorg. The backbone of the development runs alongside the planned CityLine, which passes through the center of the planning area.
Plan for 2024-2025: Ártúnshöfði is divided into eight land-use planning areas, with plans for two of these already approved. In the harbor district, ground settlement work is ongoing, and three lots will be ready for construction in 2024. In land-use planning Area 1, development has begun on two lots, with residents expected to move into the first homes in 2025. More lots in this area are expected to begin development in 2024. Utility installation, street construction and surface finishing will continue for the next two years in Area 1. Land-use planning for the next areas (2, 6 and 7) will continue in 2024, along with design work for streets, green spaces and the CityLine.
Implementation period
Planned completion in the second half of 2025
Status: In progress
Status report on July 1, 2025
Area 1: Street construction and utility installation are well underway, with completion scheduled for June
2026. Housing development is in full swing. Development at Krossamýrartorg is in preparation.
Area 2: The land-use plan for the first part of the area is complete. The plan calls for completing
land-use plan for other parts of area 2 during winter 2025/2026.
Area 6: Land-use planning continues, and the area will be planned in phases.
Area 7: Land-use planning for the first phase of the area is nearing completion, and the next phase is in preparation.
Older status reports
| Timeline | Progress description | |
| July 2024 |
Area 1: Street construction and utility work well underway. Residential development in full progress.
Area 2: Land-use planning for the first section of the area has been completed. Work on other sections will begin this fall.
Other areas: Land-use planning is either beginning or already in progress in collaboration with stakeholders in the respective areas.
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Related actions
Economic objectives
- 1. Responsible financial management | Green Deal The City's Financial Policy is based on sustainability, stability, predictability, and transparency.
- 2. Dense and mixed development | Green Deal Denser, mixed housing with neighborhood sustainability at its core.
- 3. New employment opportunities of the future | Green Deal Future job opportunities will be based on knowledge, innovation, and sustainability.
- 4. A favorable environment for business and innovation | Green Deal The goals of Reykjavík City in the development of new industrial areas for businesses until 2030 are efficient land use, diverse economy, and industrial zones for companies of all types and sizes.