OSU awards Veidekke €41m to build environmentally certified residential project (NO)

Veidekke: New residential project in Bjørvika

Oslo S Utvikling (OSU) has awarded Veidekke the commission to build the environmentally certified residential project Vannkunsten Syd in Bjørvika in Oslo. The contract is a design and build contract valued at c. €41m excluding VAT.


Vannkunsten Syd consists of five separate buildings with a total of 91 apartments. Overall, the project is 15,500m2 in size, of which 12,400m2 are homes with underground parking and 3,100 m2 are commercial areas. The project will be certified in accordance with the BREEAM NOR environmental standard.


We would like to thank OSU for their confidence in us and yet another interesting and sustainable construction assignment. We are proud to be part of building Bispevika, which will be an attractive and unique area on the seafront in the centre of Oslo. We particularly appreciate that everything will be environmentally certified and look forward to implementing the project in good and close cooperation with OSU and all parties involved,” says director Anders Haugen in Veidekke Bygg Oslo.


OSU is responsible for much of the development in Bjørvika, including the Mariakvartalet residential project where Veidekke is currently starting construction of the basement. The Vannkunsten project has been developed in two phases, where the first nine buildings north of Bispekilen are clad with grey Oppdal slate and were completed in 2021. Vannkunsten Syd, which Veidekke will build, consists of five new buildings in three different sizes that will have Otta slate rust façades.The shortest buildings will be closest to the sea, and as you get closer to the city they will increase in height.


Veidekke’s offer was the best, and we feel confident that they will carry out the project in line with our customers' expectations,” says Lars Holm, CEO of Oslo S Utvikling.


Construction is scheduled to start in September, with completion expected in the autumn of 2025.

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