A small Swedish town called Kiruna is attempting to move itself 2 miles east, starting with a brand new city hall.

The town currently rests on sinking land that has grown less and less stable due to the local iron mine.

In an effort to preserve its history and economy, Kiruna will construct around 3,000 new residences by 2040.

The transformation begins with the construction of a new town hall and the demolition of an old one, which was once dubbed Sweden's most beautiful public building.

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The Arctic town of Kiruna isn't for everyone. Its population is small (around 18,000 people), its temperatures are frigid, and its location is remote (90 miles north of the Arctic Circle).

More troubling still, the Swedish town is sinking.

As the home of the world's largest iron mine, Kiruna has a long history of digging below ground. Over time, iron excavations have caused the ground to unsettle, jeopardizing the safety of homes, businesses, and historic buildings.

Read more: 7 places that are sinking faster than anywhere else in the US

But locals remain determined to preserve the history and economy of their beloved hometown.

In 2004, Kiruna came up with a $1 billion plan to move itself a couple miles east, onto more stable territory.

Nearly a decade and a half later, the town finally unveiled the first of its new buildings — a gold-flecked town hall and community center known as "The Crystal." Take a look at its design.