Scandic Hotels, a Swedish hotel chain based in Stockholm, a pioneer within sustainability, boasting the majority of its properties certified with the Nordic Ecolabel requirement and Axfast, a commercial property management company also headquartered in Stockholm, focusing on high - end and centrally located properties in the Stockholm region will, develop a 135 - room Scandic Go Hotel in central Stockholm, the capital and most populous city of Sweden, as well the largest urban area in the Nordic countries, encompassing 14 islands and more than 50 bridges on an extensive Baltic Sea archipelago, well known for Gamla Stan, its stunning historic Old Town, renowned medieval attractions, and several museums.
The development is part of Scandic Hotels’s broader strategy to expand the Scandic Go Brand through new construction, acquisitions, and a range of property types.
The hotel, a property owned by Axfast, will be located beneath Drottinggatan, Stockholm’s primary pedestrian and shopping artery, stretching roughly 1.5 kilometres through the city centre intersecting with Klarabergsgatan, a car - free street features an endless mix of global retail brands, bustling cafes, and local Swedish boutiques, linking the historic Old Town (Gamla Stan) to the vibrant district of Vasastan, near Stockholm’s central station and bus terminal.
With construction starting this year and an opening planned for 2027, the project will convert part of on existing building previously used for retail and warehouse purposes, into a mixed - use property with hotel accommodations, retail premises and offices.
The building, originally completed in 1959, will be repurposed from areas that have been vacant or used for storage and will be Scandic’s first underground hotel.
The property will feature 135 windowless rooms across four floors. Shared spaces and staff rooms will have access to windows. Check in will be available one floor below ground or digitally.
Scandic Go rooms without windows are already available at several other Scandic hotels, and interest in windowless rooms has increased, particularly among guests who prefer a darkened deeping environment.
The building will be certified according to the BREAM In - Use Excellent standard and the hotel’s operations will be certified by the Nordic Swan Ecolabel, the official environmental certification for the Nordic countries, meeting requirements for climate to ensure minimal environmental impact. This special certification reflects the hotel’s commitment to using labelled products and chemicals, utilizing 100% renewable electricity, reducing water consumption, and minimizing food waste.
The Property will operate under the Scandic Go brand, a budget - friendly, urban hotel brand designed for the economy segment, offering essentials at a lower price point to allow to spend more time and money exploring the destination.
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