A family-owned investment and development company built on a simple idea:
The best value is created when people thrive.
Milepel has developed places, experiences and communities in Western Norway for nearly thirty years. Not because property is the goal in itself, but because good places change lives. Milepel will keep evolving through new people, new ideas and new generations, with the same conviction at its core: quality of life is the most important return.
Partners
We thank our partners: 1:1 Arkitekter, Grieg Arkitekter, Opus, Asplan Viak, SR-Bank and Nordea.
Our story
From a single flat to an ecosystem.
1996
The first milestone
Christian Foss (22) renovates and sells his own flat. The same year, Substansia takes over the old Skogen Hotel in Håkonsgaten, which becomes the Crowded House concept.
2002–2004
A hotel for your inner room
An anonymous guesthouse in Sandviken becomes Hotell Sandviken Brygge, a high-profile hotel with owner apartments, restaurant and spa.
2007
The year everything accelerated
The Ulriken cable car is acquired to restore one of Bergen’s greatest attractions. The Reksten building is revitalised. Eger Shopping in Egersund is taken over, and the major Bjånes project begins.
- M.
2008
Milepel AS is founded
The business is gathered in Milepel AS, a development company for residential, leisure and commercial property.
2009
The mountain in the middle of the city
Ulriken643 reopens on 1 May after extensive renovation, with a new mountain restaurant and Skyskraperen, Bergen’s highest-altitude dining venue.
2012–2013
Campus takes shape
Fjøsangerveien 33 is fully renovated into furnished student housing. The following year, 30 apartments are built and sold in the old twine factory in Møllendal.
2016
Skjoldnes and Bjånes
Skjoldnes is zoned for around 225 homes with a holistic resort mindset. At Bjånes, work on an entirely new district by the Bjørnefjord takes shape, backed by the adopted municipal plan.
Today
One ecosystem
Places, experiences, communities and investments are developed as one continuous ecosystem, with quality of life as the most important return.
Our values
Four words we steer by.
Our values are not posters on a wall. They are working rules that decide which projects we say yes to, how we build, and who we build with.
Trust
We build relationships that outlast any single project. Neighbours, municipalities, partners and customers should find that we keep our word, year after year.
Quality
We make deliberate choices and follow the details all the way, from the first sketch to the last light fitting. Quality is the sum of a thousand small decisions made with care.
Curiosity
We look for the opportunities others have not seen yet. Every place carries a story and a potential, and our job is to find it and bring it forward.
Responsibility
We develop with respect for people, places, history and generations to come. What we build should stand for a long time and make the neighbourhood richer.