Veidekke Entreprenad has secured two major development contracts in the Swedish cities of Gothenburg and Malmo.
The first project is a SEK130m ($19.5m) contract from Sweden-based property developer Vasakronan to develop the Perukmakaren quarter in the centre of Gothenburg.
As part of the contract, Veidekke will build new retail premises and hotel, renovate existing shops as well as modernise a 500-space parking facility in Gothenburg’s shopping district.
Vasakronan business area manager in Gothenburg Magnus Tengberg said: "We want to contribute to the develop retail and service in Gothenburg."
"This means that modernisation of the Perukmakaren quarter is to be carried out by an experienced and committed contractor, which in turn will ensure that the immediate surroundings are affected as little as possible," said Tengberg.
The project is scheduled to commence in February 2012 and will be complete by the end of 2014.
In a separate SEK110m ($16.5m) contract with Diligentia, Veidekke will commence work in February/March 2012 on the first of Diligentia’s new commercial buildings in the new Masthusen city district in Malmo.
Veidekke will build an office building with space for 100 employees and shops on the ground floor.
Diligentia market area manager Andreas Ivarsson said: "It is to become a city district that is alive around the clock."
The office block will be built in accordance with Breeam Communities guidelines keeping in mind the social environment, accessibility and the use of as few resources as possible.
The six-storey office building will tap geothermal heat and will have a dark brick and limestone facade.
Construction is expected to be completed in December 2013 and after completion it will offer a total floor area of 9,300m², out of which 7,000m² will be used for offices and 1,800m² for shops.
Image: An artist’s rendering of the new Diligentia office building, one of two Swedish contracts won by Veidekke. Photo: Kanozi Arkitekter/Veidekke.