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Base Bolig and INEO Eiendom took over the shares of Skanska Eiendomsutveckling's Jåttå Development Corporation (JUS) and local landowners, according to a press release.
The acquisition takes effect from July 3, 2018.
– We will return to create both beautiful views, townhouses and activity-oriented living areas. We are going to make a destination that will be attractive for the whole city, not just for those who live there, "said Alfred Ydstebø, CEO of the Base Group.
Total 760 dwellings
According to the report, the acquisition includes a power plant This development area is located right next to the bus line and the main collective center of the region, Jåttåvågen station. 6 to 8,000 jobs are nearby, about two kilometers from UIS and the new University Hospital.
The entire area has about 330 objectives, of which JUS has 153.
Skanska and Base / INEO already collaborate in the region on several other projects
– Sales are an adjustment of the plot portfolio in line with the company's strategy. We are now looking for more downtown projects in Stavanger and Sandnes. The good cooperation with Base continues through the development of Kulimport residential property in a joint venture. In addition, Skanska has cooperation agreements in Havneparken in Sandnes and the upper house in Knud Holms carries 8 to Stavanger, says Skanska Eiendomsutveckling executive vice-president, Thorbjørn Brevik
First step this autumn
Development has a temporal perspective of 8-12 years, but the first sub-project (houses in the forest) of 96 apartments will be marketed as early as next autumn
The development zone is located west of Jåttåvågen , on the south side of the Diagonal with the second highest point of Stavanger, Jåttånuten (138 meters). Distances for sports, schools, kindergartens and outdoor spaces are short
– The project is in line with plans for the expansion of the company over the past ten years coming years. We focus on good and future-oriented housing, with large social spaces. Jåttå is a growth area close to the important collective axis between Stavanger and Sandnes, says Roy Klungtvedt, Market Manager at INEO Eiendom.
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