Transformation Cruquiuseiland Amsterdam

Dutch area and real estate developer AM has acquired the property of United Technologies Corporation (UTC) at Cruquiusweg in Amsterdam and will transform the current location of Chubb Fire & Security (part of UTC) in the eastern port into a lively residential and commercial area.

Cruquiusweg is a strategic location that will undergo a complete metamorphosis. As the most southern peninsula of the eastern harbour area it has the potential to transform the outdated industrial location into an attractive area to live and work.

For the acquired location of 1.3 hectares a plan vision has been developed by AM in collaboration with KCAP Architects&Planners and a.s.r. vastgoed vermogensbeheer. Based on the business model ‘I AM YOU', which is based on key values like conceptual strength, innovation and co-creation, the plans for the coming period will be evaluated further in cooperation with the local residents, the municipality of Amsterdam and other stakeholders. The proposed program consists of owner-occupied and rental housing combined with spaces for working and commercial functions.

Click here to read the entire press release by AM (in Dutch).