​Today a new chapter is being written in the history of Kvarnholmen, the island in the middle of the inlet to Stockholm. When Erik Langby, municipal executive board chairman of Nacka, uses the shovel to break ground for the first of a total of 2,100 residential units on the island, he will also mark the end of a century-long industrial era.

“Kvarnholmen has a long history as a hub for modern Swedish functionalist architecture. The first townhouses ever built in Sweden were built here,” says Johan Skoglund, CEO at JM AB. “Now we’re placing Kvarnholmen on the map once again with modern homes, a unique a waterfront location and an exciting history.”

Interest in the first homes on the new Kvarnholmen has been strong: the entire “Kajhusen” project was sold out within three months.

“Kajhusen”, consisting of three buildings with a total of 54 apartments, is located right on the north wharf of the island with a view of the inlet to Stockholm and Djurgården. The buildings feature modern architecture, but with brick and stucco siding that blends in with the surrounding built-up area.

Today’s groundbreaking ceremony will celebrate the project start for “Kajhusen,” with participants including Erik Langby, municipal executive board chairman of Nacka and Johan Skoglund, CEO at JM AB.

About Kvarnholmen Kvarnholmen has played an important role in Swedish architectural and industrial history. In 1922, KF (Consumer Cooperative Society) bought the island, where an entire industry and worker community was built, including its own architectural firm. The purpose was to break the old mill monopoly. In 1928, architect Olof Thunström designed Sweden's first functionalist housing neighborhoods, including Sweden's first townhouses. In 1992, the bakery plant closed and a chapter of Swedish industrial history came to an end. In 2011, almost 90 years since the start, the first residents will move into “Kajhusen.”

For high-resolution images please see www.jm.se/nyhetsrum 

For more information, please contact: 
Martin Asp, project manager Kvarnholmen: 08-782 89 85, 
Tomas Eriksson, press officer: +46 (0)8-782 86 61

JM is one of the leading developers of housing and residential areas in the Nordic region. Operations focus on new production of homes in attractive locations, with the main focus on expanding metropolitan areas and university towns in Sweden, Norway, Denmark, Finland and Belgium. We are also involved in project development of commercial premises and contract work, primarily in the Greater Stockholm area. JM shall promote long-term quality and environmental management in all its operations. Our annual sales total approximately SEK 9 billion and the company has about 2,000 employees. JM AB is a Swedish public limited company listed on NASDAQ OMX Stockholm, Mid Cap segment..

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