Veidekke ASA: To build homes for SKB in Stockholm

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Veidekke has been contracted by SKB, Stockholms Kooperative Bostadsförening, to build 128 new cooperative rental apartments in Hagastaden, Stockholm. The Kvarteret Lysosomen project is a design and build contract worth SEK 295 million. Construction starts in Q3 2019, and the project is currently expected to be ready for occupancy in the autumn of 2022.

The buildings comprise up to twelve floors, with an inner courtyard and commercial premises at the lower levels. When construction starts in Q3 2019, the garage is the first to be built. Construction will then pause while the City of Stockholm completes the street, after which the actual buildings will be erected.

“We are thrilled to be entrusted with this project and look forward to a close and involved collaboration with SKB. Kvarteret Lysosomen is Veidekke’s fifth project in Hagastaden. We have confidence in our presence there and in our relations with the city and the surrounding property owners’ ongoing projects,” says Gunilla Lindgren, department manager at Veidekke Bygg Bostäder Stockholm.

The Hagastaden district in Stockholm is planned for completion by 2025, with approx. 50,000 jobs and 6,000 residential units. Hagastaden comprises educational institutions, companies, research institutes, hospitals, cafes and restaurants, cultural and service buildings and parks – including one of Stockholm's largest park initiatives, connecting Hagastaden with Hagaparken. The metro station Hagastaden, with four access points, will be located on the new "Gula linjen" (Yellow Line), which will connect Odenplan with Arenastaden in Solna.

For press photos, see www.flickr.com/photos/veidekke, for more information, contact:
Gunilla Lindgren, dept. manager Veidekke Bygg Bostäder Stockholm, gunilla.lindgren@veidekke.no, +46 073-662 52 06
Arne Svensson, regional dir. Veidekke Bygg Bostäder Stockholm, arne.svensson@veidekke.no, +46 070-512 14 90
Jimmy Bengtsson, EVP/Country Manager Veidekke Sweden, jimmy.bengtsson@veidekke.se, +46 070 537 91 10

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Veidekke is one of Scandinavia's largest construction and property development companies. The company undertakes all types of building construction and civil engineering contracts, develops residential projects, maintains roads, and produces asphalt and aggregates. The company is known for its involvement and local knowledge. Its annual turnover is NOK 36 billion, and half of its 8,600 employees own shares in the company. Veidekke is listed on the Oslo Stock Exchange and has always posted a profit since it was founded in 1936. 

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