Veidekke has been commissioned by Odden 1 AS to build the first construction stage of the Odden residential project in Hinna Park, Stavanger. The project consists of 56 environmentally certified apartments in three buildings in addition to a parking facility. The contract is a design and build contract valued at NOK 208 million excluding VAT.

The project will be implemented through the company Odden 1 AS, which is a collaboration between Stavanger Utvikling, Entra, Camar Eiendom and OBOS Nye Hjem. The first construction stage will consist of three buildings of five to seven floors and a common underground parking facility. The homes are characterised by a large extent of variation with two to six bedroom apartments from 51 to 246 m. Construction works will start in June and the homes will be handed over in the first half of 2026.