In 1735, Andreas Bjørn, obtained permission from King Christian VI to reclaim the area to establish a shipyard in the grounds.
He was a successful grocer and industrialist who was now moving into ship building, founding his own shipyard in the grounds.
[4] The northern part of the island was sold to Royal Greenland Trade Department in the late 19th century[5] and Burmeister & Wain took over Jacob Holm's shipyard in 1898.
[6] The company had most of its facilities in the southern part of Christianshavn, in the area now known as Christiansbro, but established a branch at Wilders Plads.
It is known as Den Gule Misundelse' ("Yellow Envy") and replaced some of Burmeister & Wain's old buildings.