After completing the interaction phase,Veidekke has signed a contract with theStudent Welfare Organisation in Agder (SiA) to construct two buildings in solid wood with housing for 400 students, commercial areas and underground parking in Kristiansand. This commission is a design and build contract worth almostNOK 450 million , excluding VAT. "We would like to thank SiA for their good, close cooperation during the interaction phase and that we have now also been awarded the actual construction commision. There is a great need for more student housing in Kristiansand and it is a great pleasure for us to build something that means so much to many people here in the city.Veidekke has built beautiful student housing in solid wood in many towns and cities around the country, which is why we are now pleased to build the same here in Kristiansand," says district managerAtle Monan of Veidekke Bygg Agder. The project is located at Lund Torv near the city centre and consists of two buildings in solid wood of five and six storeys above ground. The total area is just over 17,000 m[2], which will accommodate 400 students in 371 residential units plus commercial areas on the ground floor and a parking facility in the basement. There will also be common functions such as laundry, storage rooms, bicycle parking and caretaker areas, as well as development of the outdoor area between the buildings. Demolition work will start next week and building is scheduled to start in early October, with occupation in time for the start of studies inAugust 2025 . For further information, please contact: District ManagerAtle Monan , tel +47 38 03 12 37, atle.monan@veidekke.no Communications ManagerHelge Dieset , tel. +47 90 55 33 22, helge.dieset@veidekke.noVeidekke's press photos (https://veidekke.fotoware.cloud/fotoweb/archives/5028 -Pressebilder-Veidekke/) Subscribe to messages from Veidekke (http://veidekke.com/no/borsmeldinger/abonner-pa-meldinger/) Veidekke (http://www.veidekke.no) 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. Annual turnover is approx.NOK 39 billion , and almost half of its 8,000 employees own shares in the company.Veidekke is listed on theOslo Stock Exchange and has posted a profit every year since its inception in 1936.
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