Skanska Invests EUR 175M in Citygate
Sweden Skanska invests approximately SEK 1.8 billion (EUR 175M) in the office project Citygate in Gothenburg, Sweden. The construction contract is worth about SEK 1.5 billion, which will be booked in the order intake for Sweden in the fourth quarter of 2018.
Citygate will have 36 floors, equivalent to 144 meters, which will make it the tallest office building in the Nordic region. It will have a leaseable area of approximately 42,000 square meters.
The office building will be WELL certified, which is based on medical and scientific research on how built environments effect people, as well as LEED certified (Leadership in Energy & Environmental Design).
The Citygate project will also take extensive social responsibility to counteract exclusion and promote employment in the city of Gothenburg.
Citygate has been developed together with the Danish architectural office Henning Larsen Architects. The project starts in December this year and will be completed in March 2022.