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Nordic construction company Peab has received a contract worth Skr337m for the construction of a new assisted-living facility in Sweden.

To be built for Orsa Municipality, the facility will feature 108 apartments, of which 18 units will be used for short-term stays and the remaining to house permanent residents.

Outdoor environmental work consists of redirecting and channelling Skyttola Creek, as well as building a water mirror, walking and driving areas, and parking spaces.

Peab region manager Nils Staffansson said: “We’re really pleased to have won the contract to build Orsa’s new assisted-living facility ‘Slipstenen’.

“We look forward to starting up the project with its fine architecture and exciting floor plans.”

Construction is scheduled to commence later this year.

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The project is anticipated to be ready for occupation in 2027. Peab has registered the order in the third quarter of this year.

Orsa Municipal Board chair Mikael Thalin said: “It feels great to finally begin construction and I really look forward to it. This is a vital investment for senior care in Orsa.”

Earlier this month, Peab secured a contract from Västfastigheter and Västra Götaland County in Sweden for the construction of a greenhouse and visitor centre in the Gothenburg Botanical Garden.