Altera appoints Madeline Buijs as Head of Research & Strategy
Last week marked the completion of Nautisch NDSM, a new urban block located on the iconic NDSM Wharf on the northern banks of the River IJ in Amsterdam. The project, developed by G&S& (an award-winning area developer and part of VolkerWessels), consists of 268 apartments, an office building, commercial facilities, a courtyard garden and a parking garage. Real estate investor Altera Vastgoed NV (Altera) has acquired and will rent out 157 mid-rent apartments, 24 private sector rental apartments, 951 m² of commercial space and 90 parking spaces.
Nautisch NDSM offers residents a unique living experience thanks to its central location, with at its heart a green courtyard garden, and close proximity to the Amsterdam Marina. Designed by Liesbeth van der Pol of architect group Dok architects, the complex takes its cue from the nautical atmosphere, matching the maritime environment and the rich history of the NDSM Wharf. Construction was undertaken by Kondor Wessels Amsterdam (also part of VolkerWessels).
The combined 181 rental properties range in size from 42 to 125 m². The project has a low EPC of 0.2 and includes 238 photovoltaic (PV) panels and a thermal energy storage system combined with district heating. Residents have access to a large communal roof garden on the roof of the car park (level +1).
The 157 mid-rent apartments meet the criteria set out under the City of Amsterdam’s “More Mid-Market Rental Homes Action Plan”. This plan aims to provide affordable rental housing for the group of tenants who do not qualify for social housing or have a household income that is not sufficient to be able to afford more expensive private sector housing.
The entire project, which covers approximately 32,500m² of floor space, consists of 268 apartments, an office building, various commercial spaces, a collective courtyard, a multi-storey car park with 142 parking spaces and facilities for bicycle parking.
Altera CEO
Jaap van der Bijl
: “The completion of our apartments in Nautisch NDSM enables us to provide every target group with affordable mid-range rental sector housing at this central location in Amsterdam. These apartments are sustainable, so they are a great addition to our young and sustainable residential portfolio.”
Diko Ruit
(on behalf of G&S&): “The completion of Nautisch NDSM marks an important step in the development of the NDSM Wharf. The combination of living, working and recreation at this spot on the river IJ makes Nautisch NDSM a valuable addition to Amsterdam Noord.”
Location
The project is located on the NDSM Wharf, an area development where a new residential (approx. 5,000 homes) and work area will be realised until 2032. The area is part of the northern banks of the IJ west. This is one of the neighbourhoods that will make a major contribution to the housing supply of Amsterdam’s growing population growth in the years to come. Until 2025, it will even be the fastest growing neighbourhood, expanding from over 4,000 to over 17,000 residents. The most important locations for growth are the NDSM Wharf and Overhoeks as well as Buiksloterham, which lies between the two.
The project is located directly on the shore of the River IJ, on the site of the former NDSM Wharf in Amsterdam Noord. NDSM is one of the creative hotspots of Amsterdam.
The letting and marketing of the apartments were carried out by Wooove and the properties are being managed by Schep Vastgoedmanagers.
