Strabag wins Stockholm station development
By Sarah Ann McCay19 September 2013
Strabag Projektutveckling, the Swedish subsidiary of European construction group Strabag, has been appointed general contractor and development partner for the construction of a mixed-use extension to the Stockholm Citybanan Commuter Station.
It is Sweden’s largest and busiest railway terminal.
The multi-functional building, named Orgelpipan 6, will offer 29,000m² of state-of-the-art space, including residential, retail and hotel units.
Orgelpipan 6 will comprise 20 residential apartments - with panoramic views of the Riddarfjärden fjord - for which Strabag will have a 50% involvement in the development. A 400-room Scandic Hotel will be beneath.
Orgelpipan 6 will also comprise a shopping centre as well as a commuter station area. Responsibility for the construction of the entire building will lie with Strabag as general contractor.
Development costs remain undisclosed but have been budgeted in the triple-digit million Euro range, according to Strabag. The contractor will contribute a small portion of its own capital to the project.
Thomas Birtel, CEO of Strabag, said, “Orgelpipan will open up an attractive and at the same time functional space in the centre of Stockholm. Together with our client and partner, the state-owned Swedish real estate company Jernhusen, we are offering the city of Stockholm one of the most modern high-rises in Sweden.”
Sonja Wertitsch, sub-division manager for building construction and project development for Strabag in Sweden, said, “There will be a direct underground connection from Orgelpipan to the €2.5 billion Citybanan infrastructure project, which should be completed by 2017.”
Completion is expected by December 2015.