{"id":74367,"date":"2023-07-24T11:50:18","date_gmt":"2023-07-24T15:50:18","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/european-country-plans-city-with-high-rises-made-of-wood-engineered-timber-74367"},"modified":"2023-07-24T11:50:18","modified_gmt":"2023-07-24T15:50:18","slug":"european-country-plans-city-with-high-rises-made-of-wood-engineered-timber","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/european-country-plans-city-with-high-rises-made-of-wood-engineered-timber-74367","title":{"rendered":"European country plans city with high-rises made of wood: &#8216;Engineered Timber&#8217;"},"content":{"rendered":"<div>\n<p>A <a href=\"https:\/\/www.foxnews.com\/category\/world\/world-regions\/sweden\" target=\"_blank\" rel=\"noopener\">Swedish development company<\/a> has revealed its plan to build a city made entirely out of wood.\u00a0<\/p>\n<p>&#8220;Sweden is progressive when it comes to wood construction,&#8221; Annica An\u00e4s, the CEO of Atrium Ljungberg, told The Economist, &#8220;but I don\u2019t see any reason why it shouldn\u2019t work elsewhere.&#8221;<\/p>\n<p>&#8220;Stockholm Wood City&#8221; will reportedly be located in Sickla, a municipality to the south of the Swedish capital Stockholm. Construction is scheduled to begin in 2025 and conclude a decade later, according to An\u00e4s.<\/p>\n<p>The project will <a href=\"https:\/\/www.foxnews.com\/category\/world\/environment\" target=\"_blank\" rel=\"noopener\">incorporate environmentalist aspirations,<\/a> replacing traditional materials, such as steel and concrete, with wood. Development company Atrium Ljungberg reportedly hopes to reduce the &#8220;carbon footprint&#8221; of construction by 40%.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/world\/greta-thunberg-charged-disobeying-law-enforcement-climate-protest-sweden\" target=\"_blank\" rel=\"noopener\"><strong>GRETA THUNBERG CHARGED WITH DISOBEYING LAW ENFORCEMENT DURING CLIMATE PROTEST IN SWEDEN<\/strong><\/a><\/p>\n<p>The project will largely use a special type of wood called &#8220;engineered timber,&#8221; which are large composite wood panels in which its layered fibers have been adhesively connected.\u00a0<\/p>\n<p>Employed in various construction sites, it is known for increasing structural strength and can be industrially produced, allowing for a quicker and <a href=\"https:\/\/www.foxnews.com\/category\/world\/united-nations\/sustainable-development\" target=\"_blank\" rel=\"noopener\">higher-quality construction process<\/a>.\u00a0<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/world\/new-zealand-become-1st-country-world-ban-thin-plastic-bags-supermarkets\" target=\"_blank\" rel=\"noopener\"><strong>NEW ZEALAND TO BECOME 1ST COUNTRY IN THE WORLD TO BAN THIN PLASTIC BAGS AT SUPERMARKETS<\/strong><\/a><\/p>\n<p>For &#8220;Stockholm Wood City,&#8221; this material will reputedly play a large part in meeting the completion deadline of 2035 and in achieving a set goal of a 20% return on the investment for the company.<\/p>\n<p>An\u00e4s hopes this may inspire a surge in wood construction <a href=\"https:\/\/www.foxnews.com\/world\" target=\"_blank\" rel=\"noopener\">throughout the world<\/a>.\u00a0<\/p>\n<p>The city will encompass 250,000 square meters of land, or approximately 2.7 million square feet, which is the size of nearly 47 football fields.\u00a0<\/p>\n<p>The site specifically will include 2,000 homes, 7,000 offices, restaurants, and shops, all structured with wood, per the report. It is slated to cost around $1.4 billion.<\/p>\n<p>Some traditional construction materials other than wood will also be used, but only for necessary foundational elements.\u00a0<\/p>\n<p>The group believes it can avoid some of the more obvious hazards, such as fire, due to advances in safety technology, fire safety methods and wood-refining methods.\u00a0<\/p>\n<p>Axios highlighted previous examples of wood composites that have proven highly successful despite these fire safety concerns, such as Singapore&#8217;s college campus with buildings made almost entirely out of timber and the 280-foot-tall timber skyscraper in Norway.\u00a0<\/p>\n<p>Engineered timber has proven to resist fire damage well, as demonstrated by the U.S. Forest Service during construction testing and other research according to the report in The Economist.\u00a0<\/p>\n<p><i>Fox News Digital&#8217;s Peter Petroff contributed to this report.\u00a0<\/i><\/p>\n<\/div>\n<p><a href=\"https:\/\/www.foxnews.com\/world\/european-country-plans-city-high-rises-made-wood-engineered-timber\">Source &#8211; https:\/\/www.foxnews.com\/world\/european-country-plans-city-high-rises-made-wood-engineered-timber <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Swedish development company has revealed its plan to build a city made entirely out of wood.\u00a0 &#8220;Sweden is progressive when it comes to wood [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-74367","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - 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