Fannborg Site in Kópavogur

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.

Laugarás Lagoon is now open

What was once a vision has now become reality; the construction of Laugarás Lagoon is complete, and today, October 15, 2025, the lagoon welcomes its very first guests.

The lagoon spans approximately one thousand square meters and has two levels, connected by a striking waterfall walkway. The outdoor area features two saunas, an outdoor shower, a cold plunge pool, and a hot tub set in a forest clearing, offering a unique experience of tranquility and nature. A key part of the overall experience is a visit to the restaurant Ylja, where chef Gísli Matthías Auðunsson serves a diverse, wholesome menu sourced largely from local farmers.

The project was executed by Mannverk, with architecture by T.ARK, engineering design by Efla, and lighting design by Hildiberg. Þórunn Arnardóttir served as project manager and Jakob Ásmundsson as construction manager. Together, these teams have created a unique bathing lagoon where nature, geothermal warmth, and design meet in harmony.

We hope that visitors will find here serenity, inspiration, and a meaningful connection—to the land, the water, and themselves.