Skanska starts major residential project in Helsinki
Skanska’s Finnish subsidiary will start a major residential construction project in central Helsinki. The whole project is valued at FIM 500 million.
SKANSKA STARTS MAJOR RESIDENTIAL PROJECT IN HELSINKI
Skanska’s Finnish subsidiary will start a major residential construction project in central Helsinki. The whole project is valued at FIM 500 million.
The project will include about 700 apartments with a total surface area of 40.000 m2. Besides new apartments, commercial and office premises totaling 2.000 m2 will be built. The traffic arrange-ments for the quarter including 500 parking lots will be constructed under the yard area.
Skanska has acquired the needed building right by a deal signed with the Finnish Tradeka Corpora-tion and has previ-ously bought the building sites.
Construction work will begin in April 1997 and the whole project is expected to be completed in 1999.
Danderyd, January 29, 1997
SKANSKA AB
Group Public Affairs