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STRABAG subsidiary wins major contract to build 561 apartments in Amsterdam

18 February 2025

© Powerhouse Company (Parkside) / © Rijnboutt (Hillside and Brightside)

© Powerhouse Company (Parkside) / © Rijnboutt (Hillside and Brightside)
© Powerhouse Company (Parkside) / © Rijnboutt (Hillside and Brightside)

© Powerhouse Company (Parkside) / © Rijnboutt (Hillside and Brightside)
© Powerhouse Company (Parkside) / © Rijnboutt (Hillside and Brightside)

© Powerhouse Company (Parkside) / © Rijnboutt (Hillside and Brightside)

"&Amsterdam" with a contract value of 139 million euros
561 rental apartments, 1,000 square meters of commercial space and 200 underground parking spaces
Construction time approx. 3 years, start of construction in April 2025

The Dutch subsidiary of STRABAG, ZÜBLIN Nederland B.V., will carry out a major residential construction project in Amsterdam worth around 139 million euros for Greystar, a global leader in the investment, development, and management of high-quality real estate across the living sector. The three-part building complex "&Amsterdam" with a total gross floor area of 57,017 square meters will be built in the Amstel III development area located in southeast Amsterdam – an area that is currently undergoing a transformation from a monofunctional office district into a lively urban neighbourhood. The urban development project will relieve the scarce rental housing market in the Dutch capital: &Amsterdam consists of three buildings with a total of 561 multifamily apartments on a living space of 48,000 square meters, supplemented by 1,000 square meters of commercial space and an underground car park with around 200 parking spaces.

We are particularly pleased to contribute to the realisation of this important project for Amsterdam with our expertise in sustainable planning and construction. There is an urgent need for affordable yet attractive living spaces everywhere – all the more reason for our ZÜBLIN teams to fully focus on the timely and high-quality completion of &Amsterdam.

Jörg Rösler
Management Board of STRABAG SE, North + West segment

Sophisticated architecture meets sustainable technology

The 561 apartments are divided into different segments: social rental, mid-rental and free sector rental. The unit sizes vary between 30 and 120 square meters. Roof gardens contribute to the green appearance and quality of life, and the 77 m, 45 m and 30 m high buildings are grouped around a shared courtyard garden. On the ground floor of the ensemble, there is commercial space for restaurants, retail or services as well as common areas for residents.

Visually, various façade finishes give the project a dynamic yet cohesive appearance. Another key feature of the design is the integration of sustainable technologies. The building ensemble is equipped with a thermal heat storage system, solar panels on the roof and a rainwater system that discharges the collected water into the sewerage system with a time delay. After its completion in spring 2028, &Amsterdam will fulfil energy efficiency class A++. A BREEAM certification (Excellent) for the building operation is also targeted.

STRABAG unit:

Züblin Nederland B.V.

Contract value:

€ 139 million

STRABAG share:

100 %

Order backlog:

Q1/2025

Segment:

North + West

Client:

GS Amsterdam Bidco B.V., The Hague

Architects:

Rijnboutt (Hillside and Brightside)
Powerhouse Company (Parkside)

Visualization &Amsterdam building complex in Amsterdam

STRABAG subsidiary wins major contract to build 561 apartments in Amsterdam

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Illustration &Amsterdam: three-part building complex

STRABAG subsidiary wins major contract to build 561 apartments in Amsterdam

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&Amsterdam: STRABAG subsidiary ZÜBLIN constructs three-part building complex with 561 apartments in Amsterdam.

STRABAG subsidiary wins major contract to build 561 apartments in Amsterdam

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Birgit Kümmel
Corporate Spokeswoman (dep.) / Head of International Communications

+49 221 824-2480

pr@strabag.com

Marco Reiter
Head of Investor Relations

+43 1 22422 1089

marco.reiter@strabag.com

STRABAG SE ist ein europäischer Technologiekonzern für Baudienstleistungen, führend in Innovation und Kapitalstärke. Unser Angebot umfasst sämtliche Bereiche der Bauindustrie und deckt die gesamte Bauwertschöpfungskette ab. Wir schaffen Mehrwert für unsere Kund:innen, indem wir Bauwerke ganzheitlich, über den gesamten Lebenszyklus betrachten – von der Konzeption über die Planung und Errichtung, den Betrieb und das Facility Management, bis hin zur Umnutzung oder den Rückbau. Dabei übernehmen wir Verantwortung für Mensch und Umwelt: Wir arbeiten an der Zukunft des Bauens und investieren in unsere derzeit mehr als 250 Innovationsprojekte und 400 Nachhaltigkeitsprojekte. Durch das Engagement unserer rd. 86.000 Mitarbeiter:innen erwirtschaften wir jährlich eine Leistung von etwa € 19 Mrd.
Mit einem dichten Netz aus zahlreichen Tochtergesellschaften in vielen europäischen Ländern und auch auf anderen Kontinenten erweitern wir unser Einsatzgebiet weit über Österreichs und Deutschlands Grenzen hinaus. Gemeinsam, im Schulterschluss mit starken Partner:innen, verfolgen wir ein klares Ziel: klimaneutral und ressourcenschonend planen, bauen und betreiben. Infos auch unter www.strabag.com