Magnolia Bostad awarded land allocation for approx. 200 homes in Norrtälje Municipality
Magnolia Bostad has been awarded a land allocation in Norrtälje. The Company is to develop approximately 200 new homes in the new neighbourhood Lommarstranden.Situated by the water, Lommarstranden offers proximity to beautiful nature, good transportation connections and local services. When completed the area will include over 1,000 new rental and tenant-owned residential units, apartments as well as small houses. Currently, Magnolia Bostad is performing preliminary investigations in cooperation with the municipality. Local planning is to be initiated in early 2016 and is estimated to