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The so-called Valshverfi neighborhood.
Residents of Smyrilshlíð and Haukahlíð plan to file a formal compensation claim against the City of Reykjavík over changes to the zoning plan for the so-called I-lot in the Valshverfi neighborhood in Vatnsmýri. One resident says the city failed buyers who purchased apartments in the area based on promotional material that did not include development on the lot.