Peab builds apartments in Norrköping

Peab has been commissioned to build 121 apartments in Söderport, in the center of Norrköping, Sweden. The customer is Grundingen Fastighets AB and the contract is worth EUR 13.2 million.

Peab builds apartments in Norrköping.
Peab builds apartments in Norrköping, Sweden.

City block Balkongen comprises new production of 121 apartments in six buildings with exterior corridors. The residences consist of smaller and space-efficient one, two and three room apartments from 35 to 79 square meters. Green inner courtyards with room for active spaces where residents can do sports like boule or basketball will be built in between the buildings.

Söderport is located about fifteen minutes walking distance from the center of Norrköping and is directly connected to the new tram system. This makes it possible to enjoy city life while having access to nature and sports arenas.

“We look forward to beginning this project immediately. The apartments will be a welcome addition to the rental market in Norrköping. Being so familiar with the area and our long experience of similar residential construction makes us well-equipped for this kind of project,” says Anders Bergeling, Region Manager Peab.

The project is a turnkey contract. Construction will begin immediately and the first renters are expected to move in during the early summer of 2022.

The project will be order registered in the first quarter 2020.

In connection with this contract a Letter of Intent has been signed between Grundingen Fastighets AB and Peab for another four blocks in Norrköping.