For more than a houndred years Akers Mekaniske Verksted was a shipyard, but in 1982 the old wharf was turned into a modern place. Before the shipyard was established there in 1854, the area was known as Holmen. It was an old yard where some industrial corporations established, and a suburban establishment grew in the early 1800s. The construction of Aker Brygge was carried out in four steps by the realtors Aker Eiendom. A few old industrial buildings were demolished, while several of the major workshop halls were rebuilt as shopping areas. Aker Brygge is one of the most popular places in summer, and it´s full of both locals and tourists. The prices can be a bit high here, so if you are on a budget it´s better to eat and drink other places. Fueled by oil wealth, steel-and-glass buildings now rise from what had been a relatively dilapidated section. Some of the best shops, restaurants, a cinema, and cultural attractions are here, along with offices, luxurious apartments for such well-heeled owners and leisure-boat docks. Right next to it lies the city hall, the old fortress, the dock for many of the cruiseships coming here and it´s just a few minutes walk from the royal castle, the main street and many historical and important buildings. Additionally, there is a small boat harbour, and a terminal for the ferries to Nesodden and the islands in Oslofjord. But anyway you should visit this place at least once.