The Westfjords village of Bíldudalur will be getting its first new apartment building in 29 years, RÚV reports. The building is being constructed by Íslenska kalkþörungafélagið, a company that harvests and processes red algae from Arnarfjörður fjord, for its employees, as there is a lack of available housing in the village.
The newest apartment building in Bíldudalur will have eight units for employees of the company. “There’s nothing for rent. There’s a shortage and there’s a lot of expansion here[...] And we just took the leap,” said Einar Sveinn Ólafsson manager of new investments at Marigot, the company that owns the algae processing plant in Bíldudalur.
“We can’t get staff if they can’t get housing—whether the chicken or the egg comes first—but we’ve been operating for ten years and this is our way out of these difficulties.”
The new housing will be the first such development in the town since 1989. It arrived on a boat from Estonia last week and construction is underway.