Mannverk is the developer of the Fannborg site in Kópavogur and is building 163 apartments in five buildings, as well as retail and service spaces on the ground floor. Parking will mostly be accommodated in a two-level underground garage with 305 spaces, and surface areas will be used for public spaces. The development strengthens the town center as a vibrant hub where people can live, work, and enjoy services in the same area.
The total area of the project is:
Apartments: 11,860 m²
Retail and services: 1,880 m²
Common areas: 1,660 m²
Demolition preparations are ongoing, with work scheduled from after Christmas until March 2026. Earthworks will partly start in February–March, and construction will begin in May–June 2026. Completion is scheduled for the end of 2029.