K2 Bolig has awarded Veidekke contracts to build two residential developments in
Stavanger: Krossen at Hundvåg and Utsikten at Vardeneset. Krossen comprises 20
apartments in one building, while Utsikten consists of 34 apartments across two
buildings. The contracts are design and build agreements with a combined value
of NOK 212 million excluding VAT.
"Together with Krossen and Utsikten, we now have eight residential projects
under construction locally for K2 Bolig this summer. First and foremost, this is
a very gratifying vote of confidence and confirmation of a collaboration that
works exceptionally well. Having the same developer, architect, design-build
contractor, and several key suppliers and consultants across these projects
creates important synergies for all parties, both during the design phase and
throughout construction," says Bendik Aarstad, District Manager at Veidekke
Building Rogaland.
The Krossen development consists of two-storey homes located in Hundvågkrossen,
with the sea as its closest neighbour. The apartments will range in size from 40
to 93 square metres and will feature glazed balconies, a shared parking garage,
and bicycle parking facilities. The Utsikten project is located close to
Vardeneset Church. Apartments will range in size from 40 to 104 square metres.
Residents will have access to a shared community building and guest apartment,
and a KIWI grocery store will be located on the ground floor of one of the
buildings.
"We are very pleased with sales progress so far and the positive market response
these projects have received. These are attractive apartments offering excellent
sunlight and views, well-conceived layouts, and striking architecture. We look
forward to commencing construction together with Veidekke," says Kjersti Alvik
Kulleseid, Project Director at K2 Bolig.
Construction work will commence almost immediately. Handover of the Krossen
project is scheduled for late 2027, while Utsikten is expected to be completed
in autumn 2028.
The contracts were included in Veidekke's order backlog for the second quarter.
For further information, please contact:
District Manager Bendik Aarstad, Veidekke Bygg Rogaland, tel. +47911 93 701,
bendik.aarstad@veidekke.no (are.westbye@veidekke.no)
Communications Manager Helge Dieset, Veidekke, tel. +47 90 55 33 22,
helge.dieset@veidekke.no
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Veidekke (https://www.veidekke.com/) is one of Scandinavia's largest
contractors. In addition to undertaking all types of building and civil
engineering assignments, the group also maintains roads and produces asphalt and
aggregates. Veidekke emphasises stakeholder involvement and local experience.
Its annual turnover is approximately NOK 43 billion, and half of its 8,000
employees own shares in the company. Veidekke is listed on the Oslo Stock
Exchange and has posted a profit every year since its inception in 1936.
slo Stock\
Exchange and has posted a profit every year since its inception in 1936.\