Oslo S utvikling (OSU) has awarded a for the Mariakvartalet residential project in Bj酶rvika, Norway.

Under the contract, Veidekke will serve as a design and build contractor for the project.

The construction contract will commence upon achieving sufficient sales, which are slated for commencement in the second quarter of this year.

Designed by Lund+Slaatto Arkitekter, the Mariakvartalet project will include 245 apartments, shops, restaurants, a kindergarten, and cultural offerings.

Greenhouse gas emissions at the project will be reduced by at least 20%, and the construction site will be fossil-free.

Archaeological excavation activities are currently being carried out on the site centrally located between Clemenskvartalet and the green public space Kongsbakken in Bj酶rvika.

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OSU project director Jostein 脜dalen said: 鈥淥SU is very pleased to sign the contract with Veidekke, which is the largest construction contract ever for OSU.

鈥淰eidekke is considered to have submitted the best offer and has contributed good input for added value in the contract negotiations. At the same time, they are capable of meeting our high demands towards quality and sustainability in our projects.鈥

Earlier, Veidekke was involved in construction works in Bj酶rvika, including Munch Museum, the Opera, Diagonale and the S酶rengstranda residential project.

Veidekke Bygg Oslo director Anders Haugen said: 鈥淏uilding good environmentally certified homes with high sustainability goals is something we especially appreciate.

鈥淲e have concluded a phase where we have developed the project together and are ready to start building, which is planned in the course of the year.鈥