A Danish subsidiary of the European construction group STRABAG, Züblin, has won a contract worth €103m to build the Axeltorv, AT2 mixed-use project near Tivoli in Copenhagen, Denmark.
The consortium of investors for the project will be led by Denmark's public pension fund, ATP.
The project includes the construction of a 14-storey multi-use building housing offices, retail establishments, public recreational areas, restaurants, cafés and parking facilities.
The 42,000m² building will be designed by Danish architects Lundgaard & Tranberg.
STRABAG CEO Thomas Birtel said that, following the realisation of various different infrastructure and civil engineering projects, this is the second building construction contract of this magnitude for the STRABAG Group in Denmark, after signing the contract for Bryghusprojektet seven months earlier.
The Axeltorv AT2 building project is due to be completed by the end of 2016.
Züblin was selected for the project due to its track-record on partnering processes in the concept model and experience in ground engineering, in-situ construction and value engineering, the company claimed.
In addition to the current project, Züblin also won a contract in 2012 to design and execute the 75m by 75m large and 20m deep building pit worth about €10m, which will be completed this summer.
Züblin employs around 250 people and has three operating units for ground engineering, building construction and civil engineering and marine works.
Image: Züblin to work on the €103m Axeltorv AT2 building project in Copenhagen, Denmark. Photo: courtesy of STRABAG SE.