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Veidekke: To Build 51 apartments in Arendal

25. September 2026 kl. 14:03

Veidekke has been awarded the contract to construct the fourth phase of the Bryggebyen development project in Arendal for Vindholmen Eiendom AS. The design and build contract is valued at approximately NOK 190 million, excluding VAT.

Bryggebyen is a major urban development project in Arendal, initiated by Arendals Fossekompani. Phase 4 is the first stage of the development that Veidekke will undertake.

"We greatly appreciate the trust that Vindholmen Eiendom and Arendals Fossekompani have placed in us through this contract, and we are now looking forward to commencing the construction works," says Atle Monan, District Manager at Veidekke Bygg Agder.

The project comprises the construction of 51 apartments together with a parking facility and shared outdoor areas, marking an important step in the continued development of Bryggebyen at Vindholmen.

"We are pleased to be working with Veidekke on yet another project and to contribute to the further development of the local community in Arendal. The project will generate important economic activity and opportunities for local businesses and suppliers, including consultants, contractors, and everyone involved. Construction cranes will soon return to the city, and we look forward to seeing the project take shape," says Tor Kristian Skår Myre, Project Manager at AFK Eiendom.

The seven-storey building will contain one-, two-, and three-bedroom apartments ranging from 47 to 109 square metres, all with sea views. Every unit will have either a terrace or a balcony. In addition, residents will enjoy access to a shared garden and an annex building featuring guest accommodation. Facilities will also include bicycle storage, a shared hobby room/workshop, guest rooms, and a summer lounge.

"Bryggebyen is an exciting project that will leave its mark on Arendal for many years to come. Veidekke has strong local roots and looks forward to contributing our experience and expertise throughout the execution of the project," says Ole Morten Sundsdal, Department Manager at Veidekke Bygg Agder.

Construction of Bryggebyen will commence around the turn of the year and is scheduled for completion by June 2028. The contract will be included in Veidekke's order backlog for the third quarter of 2026.

For more information about the project, visit: Bryggebyen Vindholmen (https://bryggebyenvindholmen.no/)

Illustration of Bryggebyen (Illustration: ALL (Atelier Lorentzen Langkilde) and LY Arkitekter) Atle Monan (Photo: Veidekke)

For further information, please contact: Atle Monan, District Manager, Veidekke Bygg Agder, tel: +47 95 14 27 40, atle.monan@veidekke.no Arve Rødal Brekkhus, Head of Communications, Veidekke, tel: +47 90 13 48 88, arve.brekkhus@veidekke.no Tor Kristian Skår Myre, Project Manager, AFK Eiendom / Arendals Fossekompani, tel: +47 977 46594, tor.myre@arendalsfoss.no

Veidekke's press photos (https://veidekke.fotoware.cloud/fotoweb/archives/5028 -Pressebilder-Veidekke/) Subscribe to messages from Veidekke (http://veidekke.com/no/borsmeldinger/abonner-pa-meldinger/) Veidekke (https://www.veidekke.com/) is one of Scandinavia's largest contractors. In addition to undertaking all types of building and civil engineering assignments, the group also maintains roads and produces asphalt and aggregates. Veidekke emphasises stakeholder involvement and local experience. Its annual turnover is approximately NOK 43 billion, and half of its 8,000 employees own shares in the company. Veidekke is listed on the Oslo Stock Exchange and has posted a profit every year since its inception in 1936.