Veidekke has secured a contract from OBOS Nye Hjem to construct the Vollebekk Torgkvartal housing cooperative at Vollebekk in eastern Oslo.

This project will feature 153 environmentally certified apartments, five shared apartments, a kindergarten, commercial premises and underground parking.

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This is the sixth construction stage of the major project, and the design and build contract is worth valued at NOK505m, without including VAT.

Veidekke Bygg Oslo head of department Kaare Gilhus said: “We are very pleased to continue building at Vollebekk. OBOS has a culture that is a good fit with our own, and with one of Oslo’s best housing teams in place, I’m confident that this project will also be successful. We would once again therefore like to thank OBOS for the confidence they have in us and that we can take part in building an attractive residential environment at Vollebekk.”

It will be built as a fossil-free construction project, and the homes will be certified as per the BREEAM-NOR Very Good environmental standard.

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The apartments will be constructed in a block ranging from four to eight storeys around a common courtyard with a playground.

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The project will feature storage areas and parking for bicycles and cars on two underground floors.

The block’s ground floor will feature nine separate commercial premises while the residents will have large communal roof terraces.

Vollebekk is just 13 minutes by Metro from Oslo downtown.

Construction of the project will commence now, with occupation slated for the autumn of 2024.

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Image: The apartments will be constructed in a block ranging from four to eight storeys. Credit: Veidekke.