Ørestad Development Corporation

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The Ørestad Development Corporation (Danish: Ørestadsselskabet I/S) was a company responsible for urban redevelopment of Ørestad south of Copenhagen, Denmark. The company was authorized by the Ørestad Act passed in 1992, and was established in 1993, co-owned by the Copenhagen Municipality (55%) and the Ministry of Finance (45%). It was also responsible for building parts of the Copenhagen Metro.[1] The company was dissolved in 2007. Its Metro-related activities were taken over by the Metro Corporation (Danish: Metroselskabet), a newly formed company that consolidated ownership and operation of the Copenhagen Metro. Its redevelopment-related activities were merged into the Area Development Corporation (Danish: Arealudviklingsselskabet).[2]

References

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