The construction of Aker Brygge was carried out in four steps by the realtors Aker Eiendom AS. A few old industrial buildings were demolished, while several of the major workshop halls were rebuilt as shopping areas. The first step of the construction was finished in 1986, with Telje, Torp and Aasen as architects. The fourth and final construction, the Storebrand insurance building facing Munkedamsveien, was completed in 1998. The area consists of a shopping center with shops and restaurants, a cinema, office space, and apartments. Additionally, there is a small boat harbour, and a terminal for the ferries to Nesodden. The area measures 260,000 m2.