The contract consists of two separate projects, Gunillanpuisto and Svanströminkuja. The Gunillanpuisto project comprises two buildings with 66 tenant-owned apartments and a parking garage. The Svanströminkuja project includes 77 rental units for seniors across two conjoined buildings. All buildings will be fitted with geothermal heating systems.

“This project is a good continuation of the solid and long-term relationship between the City of Helsinki and NCC,” says Catarina Molén-Runnäs, Head of Building Nordics, NCC.

Construction will commence in early 2023 and both projects are scheduled for completion at the end of 2024.

The contract is valued at approximately SEK 300 million and will be registered among orders in the NCC Building Nordics business area in the fourth quarter of 2022.