Filipstad is situated near the attractive Skillebekk neighbourhood and borders the popular Aker Brygge residential, business and shopping quarter, and the Tjuvholmen development zone. An open peninsula in the centre of Pipervika bay, Tjuvholmen lies just south of already developed Aker Brygge and near City Hall and downtown.

Bjørvika is situated between the ruins of medieval Oslo and the vibrant city centre. Ekeberg with its wide-open natural and park lands rises up to the south, and richly textured inner-city Oslo to the east. Southwest-facing with attractive vistas of the fjord, Bjørvika is also home to Oslo's spectacular new Opera House.

Several of the properties in the Fjord City project are scheduled for development in the near future. The new port area will open up for further development as port activities are moved south of the city and consolidated in a single, modern facility.