“This contract extends the good partnership between OBOS and Veidekke on the Teieparken residential project. This started with a partnership agreement on project development back in 2017, which proceeded to the development contract in 2018 for the first 64 apartments that now have been completed. We are grateful for the confidence shown in us to continue building,” says district manager Lars N. Hjertås of Veidekke Bygg Vestfold and Telemark.

Teieparken will be a green and vibrant city district for everyone in central Tønsberg. The actual park (which is public), will be at the heart of the vibrant residential community. Here walkways will be developed, in addition to plenty of space for play and recreational areas. The 167 apartments in the third stage will be in buildings of between two and five storeys above underground parking.

“Teieparken is a big and important project for OBOS and our members in Vestfold, and we are pleased to extend the partnership with Veidekke Bygg. It is particularly pleasing to us to offer BREEAM certified homes in Vestfold as a part of our environmental initiative in OBOS,” says EVP Arne Baumann of OBOS Boligutvikling.

Sales are scheduled to start in January.