Swedish property and construction company Skanska has signed an agreement with Riksbyggen to build multi-family houses with 127 condominium apartments on Masthuggskajen in Gothenburg, Sweden.
The SEK 330 mln (€29.6 mln) project comprises two nine-storey buildings with a combined area of about 17,000 m2, of which some 1,800 m2 will be taken up by retail premises on the ground floor.
Construction will kick off in Q1 2023 with completion due in the fall of 2025.
The Swedish Green Building Council awarded the Masthuggskajen neighbourhood its Citylab Project of the Year 2020 award for its impact on sustainable urban development.
The densely populated, waterfront neighbourhood in the heart of the city, famed for its vibrant cultural life, will soon house an additional 1,300 houses, parks, preschools, hotels, and up to 6,000 workplaces.
