The projected developments will cover an area of some 17 hectares (42 acres). A conceptual design has already been drawn up for the site, and space has been allocated for a marina, park, esplanade, ferry terminal, hotels, offices, shops and various cultural attractions.In addition, a large area will be allocated for apartments. In total the project covers a floor area of some 185,000 square metres. "We must review the master plan and translate it into what is going to be tendered for. For example, more than 75,000 square metres of floor space have been allocated for housing, but no decision has yet been made as to the nature of the properties – whether they will be holiday homes for tourists or accommodation to satisfy local housing needs," says Project Manager Jens Ove Skjærbæk.He adds, "The marina will also occupy a good deal of space. And in contrast to the old part of the city - which has very narrow streets – substantial areas have been reserved as open spaces to encourage more town life. These will become the city’s oases."