Chairman of the Board


Key figures


About Mannvit

Projects Examples

Project examples 2013

Hotel and apartments adjacent to Harpa

Mannvit is involved in the preparations for construction on the site beside Harpa Concert and Conference Centre. The aim is for the construction work on the new hotel, and residential apartments on a nearby site, to begin in 2014 and be completed in 2017. The total investment in the project is estimated to be ISK 14bn. In total there will be over 250 rooms in the hotel and 90 apartments and shops in the five buildings built next to the hotel. “In this case we are taking on new challenges as an engineering and technical firm by managing the entire project from start to finish, i.e. bid submission, financing, negotiations with the hotel operator, engineering, tendering, procurement, construction management, supervision and delivery of the buildings”, says Tryggvi Jónsson, Managing Director of Infrastructure.


Based on the initial concept for the development of the site, the extent of the hotel building has been decreased, from 450 rooms to 250 rooms, while the planned space for apartments and shops has been increased instead. The hotel will be a five-star hotel with links to Harpa as accommodation for conference guests.


The project is owned by Mannvit, T-Ark and Auro Investment Partners LLC. Mannvit will be responsible for project management and the overall supervision of the project. Planning and preliminary design work have already begun. The project is expected to create over 200 new jobs and it is estimated that between 100 and 150 employees will work in the hotel itself when it opens its doors for business.

“It has been demanding and enjoyable to be involved in the design and construction of the first luxury hotel in Iceland that creates a new quality category in hotel accommodation, something that has been lacking in this country. The apartments and the hotel, together with the planned square and walkway, will create a link between Harpa and the City Centre and play a large role in the revitalisation of the port area.“

Gunnar Páll Stefánsson

Project Manager