Serneke has entered into an implementation agreement regarding the prestigious assignment of building a new campus for Mälardalen University in Eskilstuna. The project is valued at about SEK 700 million.
An implementation agreement was signed today between Serneke and Mälardalen University. Together with the Municipality of Eskilstuna, the parties will create a vibrant and modern campus, where all operations will be gathered in a single location. The new university building will be on Hamngatan in the center of the town, where the sports hall and the aquatic center are currently located.
The decision regarding the allocation the project was appealed by Skanska, which had also submitted a bid for the assignment. However, the Administrative Court of Appeal supported the University’s view and recently announced that it will not hear the case as Skanska had requested.
At the same time, Serneke is acquiring all shares in property-owning company NYAB for a little more than SEK 6 million from the Municipality of Eskilstuna. Serneke Project Development will head the development of the project, with the aim of selling the property to a property company. A 20-year lease is signed for the property.
Construction will commence once a building permit has been granted, and it is expected that this could occur in the first half of 2017. During the first quarter of 2017, detailed planning and certain preparatory efforts will commence, including the demolition of parts of the existing buildings. Campus Eskilstuna is scheduled for completion in 2019.