LEMMINKÄINEN CORPORATION INVESTOR NEWS 26 JANUARY 2016 AT 10:15 A.M.
LEMMINKÄINEN SIGNS IMPLEMENTATION-STAGE ALLIANCE CONTRACT FOR KEMPELE HIUKKAVAARA COMMUNITY CENTRE
A consortium comprising Lemminkäinen, Lukkaroinen architects, WSP Finland, Sweco Talotekniikka and Are Talotekniikka together with the City of Oulu and the Oulu Facilities Management Centre have signed an implementation-stage alliance contract for the construction of a community centre in Hiukkavaara, Oulu. The total value of the project is approximately EUR 20.5 million, of which Lemminkäinen’s share is approximately EUR 14.3 million. Construction is due to begin in spring 2016, with completion due by late summer 2017.
The building is due to house a nursery, a primary school with capacity for 700 pupils, morning and after-school clubs as well as youth and sports clubs. The gross surface area will measure 11,600 square metres. The alliance is setting out to run the community centre project cost-effectively, taking the building’s full life cycle into consideration. Under the alliance agreement, the parties make decisions together and potential risks and benefits are shared.
“Right from the planning phase onwards, the model has proved to be highly effective. We have been through the project phase by phase using a modelling approach and we now have a clear, shared vision and implementation plan in place,” commented Pauli Mäkelä, Executive Vice President, Building construction, Lemminkäinen.
In 2014, Oulu’s Facilities Management Centre organised a tendering process that placed an emphasis on the prospective project partners’ capacity for joint working.
“Based on our experience so far, I am confident that we will achieve the objectives we have set out for this new building, including the community engagement and open learning environments aspects,” Jouko Leskinen, Director, Oulu Facilities Management Centre.
Lemminkäinen first announced the development-stage contract on 12 June 2015.
Executive Vice President, Building construction, Finland
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Lemminkäinen is an expert in demanding infrastructure construction and building construction in Northern Europe and one of the largest paving companies in its market. Together with our customers and the more than 5,000 professionals we employ, we build a sustainable society. In 2014, our net sales totalled approximately EUR 2.0 billion. Lemminkäinen Corporation’s share is quoted on Nasdaq Helsinki Ltd. www.lemminkainen.com