AF Gruppen ASA

AF continues to develop Bispevika

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AF Gruppen has entered into a final agreement for site preparation and basement work at Clemenskvartalet, Bispevika Syd, Field B8a.

AF Gruppen has entered into a final agreement for site preparation and basement work at Clemenskvartalet, Bispevika Syd, Field B8a. . Ill.OSU
AF Gruppen has entered into a final agreement for site preparation and basement work at Clemenskvartalet, Bispevika Syd, Field B8a. . Ill.OSU

The client is Clemenskvartalet Bolig/FBK, which is owned by Oslo S Utvikling and HAV Eiendom. The project is located south of Bispekilen, along Kong Håkon 5s gate and the water plane at Middelalderparken and is the first field initiated by OSU in Bispevika Syd.

The agreement is a collaborative turnkey contract and the value of the contract is estimated at NOK 420 million excl. VAT. The building has a BREEAM environmental classification of “Very Good”. The soil mechanics in this part of the city are demanding, including the regard to archaeological management.

The work includes the design and execution of site preparation and concrete work for basements. The size of the plot is about 8,500m2. Clemenskvartalet will comprise of approximately 270 apartments and businesses on the ground and 1st floors. This contract covers the execution of the basement consisting of two underlying basement floors. The work started in 2019 and so far about 50 prosent of the contract has been completed. Completion is expected in April 2021.

“Bispevika is an exciting area for urban development on which we have collaborated with Oslo S Utvikling (OSU) for several years in Bispevika Nord. After completing the Dronninglunden residential project and now with Vannkunsten under construction, we are pleased to be able to deliver the next step in Bispevika Syd in close cooperation with Clemenskvartalet and OSU,” says Geir Flåta, Executive Vice President of AF Gruppen.

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AF Gruppen has entered into a final agreement for site preparation and basement work at Clemenskvartalet, Bispevika Syd, Field B8a. . Ill.OSU
AF Gruppen has entered into a final agreement for site preparation and basement work at Clemenskvartalet, Bispevika Syd, Field B8a. . Ill.OSU
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About AF Gruppen ASA

AF Gruppen ASA
AF Gruppen ASA
Innspurten 15
0603 Oslo

+47 22 89 11 00https://afgruppen.com

AF Gruppen is a leading contracting and industrial group that was formed by an entrepreneurial spirit and execution capabilities. The group has 5,700 employees and revenue reached NOK 22.5 billion in 2019. AF Gruppen is listed on Oslo Stock Exchange (AFG).

We provide a broad range of services with seven operational business areas: Civil Engineering, Building, Betonmast, Property, Energy and Environment, Sweden and Offshore.

www.afgruppen.com

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