Danica Pension in collaboration with Henning Larsen Architects, COWI and Alectia has unveiled plans for a new $1.2bn building to be built in Lyngby, north of Copenhagen, Denmark.
Planned to be located on a 16,350m² plot in Lyngby city centre, in the street of Kanalvej between Klampenborgvej and Toftebæksvej, the building will cover an area of 40,000m² after completion.
The new building will feature student residences and Microsoft’s new Danish headquarters, as well as new retail and urban spaces.
Microsoft is planning to move its 900 employees in Denmark to the new headquarters in Lyngby after completion of the project.
Microsoft Denmark CEO Niels Soelberg said, "The citizens can use our open café and technology area, students can use our allocated study area, and we will regularly host different events that will connect us even closer to the local area and Denmark."
The project also includes construction of about 400 residential spaces, 1,000 work places and around 800 parking lots.
Henning Larsen said the project marks an important step in the development of the municipality’s visions for Lyngby-Taarbæk City of Knowledge and Urban Development 2020.
The project is expected to develop Lyngby-Taarbæk into a university town developing nine areas of the city to make them centres of knowledge and creativity.
Lyngby-Taarbæk Mayor Soren Rasmussen said the project reflects an interesting urban development strategy.
"Knowledge-intensive businesses are connected to urban life and the local study community," Rasmussen said.
"In addition, the building will create a lot of new jobs and provide a welcoming, dynamic urban space where city centre and green areas meet."
Construction on the project is due to start later in 2013 and is expected to be complete by 2016.
Image: After completion, the new building will feature student residences and Microsoft’s new Danish headquarters. Photo: Henning Larsen Architects.