2. Dense and mixed development
Growing City
Goals of the Green Deal in finance, development, and employment matters.
Reykjavík City's goal for housing construction is to build 1,000-1,500 new apartments per year until 2030 in dense, mixed-use development with neighborhood sustainability as a guiding principle.
- The city has grown, and the number of residents and jobs has increased while emissions from car traffic have decreased
- In the last decade, 10,000-15,000 new dwellings have been developed in Reykjavík, all on densification sites that enhance the sustainability of neighborhoods and make better use of the city's infrastructure
- 80% of the new dwellings are within the influence area of the CityLine, and at least 90% are within the current urban limits
- A diverse range of housing options is available for all groups - 25% of the new dwellings in neighborhoods have been built by nonprofit housing organizations.
Key areas for development: Ártúnshöfði, Skerjafjörður, Vogabyggð, and development areas along the CityLine.
Actions under the goal
| Action name | Status | Completion | Updated | Departments |
|---|---|---|---|---|
| Housing plan | Completed | 2023 | January 2024 | Office of the Mayor & Chief Executive Officer Department of Environment & Planning |
| Housing for disabled individuals | Completed | 2022 | January 2024 | Department of Welfare Office of the Mayor & Chief Executive Officer Department of Environment & Planning |
| New map view of housing construction | Completed | 2022 | January 2023 | Office of the Mayor & Chief Executive Officer |
| Green housing of the future | In progress | 2026 | January 2024 | Office of the Mayor & Chief Executive Officer |
| Affordable housing for young people and first-time buyers | In progress | 2025 | January 2024 | Office of the Mayor & Chief Executive Officer Department of Environment & Planning |
| Reinventing Cities | In progress | 2026 | January 2024 | Office of the Mayor & Chief Executive Officer Department of Environment & Planning |
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 Good land use, diverse economy, and premises for all types of companies of all sizes.