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As the Smedvig family office transitioned from offshore into real estate, it was among the first to realize that a long-term, technology-driven strategy paired with human-centric design was paramount to staying ahead of the pack. The EU New European Bauhaus initiative became the benchmark.
New European Bauhaus blends sustainability, inclusivity, and aesthetics to create beautiful, green, and accessible living spaces. It takes inspiration from the original Bauhaus movement, focusing on innovative design and architecture that meets environmental and social challenges. Stavanger is a New European Bauhaus lighthouse city, with Site 4016, Smedvig's new commercial transformation area, as the trailblazer project