1,600 homes; two-thirds affordable
The plans for the area are ambitious: about 1,600 new homes will be built on about 5 hectares, two-thirds of them in the affordable segment. Some 30,000 m² will also be available for companies in the manufacturing industry, offices and catering. The area is located directly on the IJ and overlooks Java Island. Water and nature will have a prominent role in the area. This not only contributes to the quality of life, but also provides cooling and helps make the area climate-adaptive.
Heleen Aarts, CEO Amvest: "Amvest has been developing affordable housing in attractive Amsterdam residential areas for over 25 years. The extensive Draka site is a logical addition to our list of transformations of former industrial areas. Together with our partners and the municipality, we are looking forward to turning Draka into an open, lively urban district - already during development - where thousands of people will soon find a nice home and enjoy living."
Future-proof and nature-inclusive
With this area development, AM and Amvest are aiming for a future-proof and inclusive neighbourhood that matches the dynamics of the Hamerkwartier. The design pays a lot of attention to climate adaptation, nature-inclusive building and a lively mix of living, working and meeting. The Draka site will thus become a new urban district, with plenty of room for affordable housing.
Quality and affordability
Ronald Huikeshoven, board chairman AM: "With the purchase of this area, we are once again investing in the future of Amsterdam and contributing to the urgent housing challenge. On this beautifully located site, we want to realise a sustainable, high-quality residential environment. We are committed to quality, affordability and careful integration into the character of the surroundings. Together with partners, we want to develop a new neighbourhood here that is valuable for current and future generations."
Realisation
Demolition work is expected to start at the end of this year. AM and Amvest will then start work on the remediation. The site will be realised in phases. Construction is expected to start in 2027, as soon as the zoning plan is in place.
The Draka site was closed off with a large fence for the past decade. AM and Amvest will make the site accessible to the city again, even during the phased development and realisation.
