Peab builds Herkules Park in Skien
Peab has been commissioned to build 40 new apartments at Hjellevannet in Skien. The customer is Klosterfoss Utvikling and the contract is worth NOK 119 million.Klosterfoss Utvikling, which is owned by Citycon and Peab Eiendomsutvikling, is responsible for the development of Herkules Park and has during the past decade built 160 homes in the area. Now it is going to build two six story buildings with 40 one to four bedroom apartments and a garage with 42 parking spaces. “We’re ready to get this project going. Ground conditions are good and we expect an efficient construction process and