Construction and civil engineering firm Veidekke has secured a $14.4m (NOK120m) contract from Øgreid Eiendom to construct the first phase of the Søstrene Hinna residential project in Stavanger, Norway.
The scope of work under the contract involves construction of 51 residential units in four terraced houses and two apartment blocks along with a common underground parking facility.
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The whole Søstrene Hinna residential project will deliver 18 terraced houses and 124 apartments across three building stages.
The first 51 homes will be constructed in B1, BB1 and BB2 buildings spanning around 8,000m2 along with storage rooms and underground parking.
Veidekke Bygg Syd director Are Westbye said: “Veidekke has extensive and good experience with carrying out construction of housing projects of this scale.
“This is a great project in an interesting development area in what is becoming one of Stavanger’s most attractive districts.”
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By GlobalDataConstruction work on the project is scheduled to commence in September, with completion planned in 2023.
The company stated that the Søstrene Hinna residential development is the initial point for the development of Hinna Park.
Upon the completion, the area will include nearly 1,500 new homes and 6,000 workplaces along with attractive outdoor areas and parks that will be developed in connection with the project.
Øgreid Eiendom general manager Erlend Aanestad said: “In our project we have emphasised developing homes of high architectural quality and good common areas with social zones and guest bedsits, that we call homes according to the Øgreid Eiendom standard.
“Start of construction has been approved, and home buyers will be a part of a safe and predictable journey from purchase to occupation.”
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Illustration of the Søstrene Hinna residential project in Norway. Credit: Veidekke ASA.
