News

03. April 2009

The building of the Concert and conference hall in Reykjavík to finish in 2011

Austurhofn –TR has taken over the companies Portus and Siturs, that were the owners of the Concert and conference hall project, as well as the adjacent building site at Austurbakki 2, after contracts have been signed between Austurhofn and the Landsbanki, Ministry of education, Ministry of finance the Mayor of Reykjavik and Nysir.

With the agreement Austurhofn takes over all rights and duties that come with the contract about building and the operating the Concert and conference hall. Continuing financing of the project has at the same time been insured and is a part of this agreement. Estimated cost of finishing the project is 14,5 billion Icelandic kronas, including interests during the construction period.

Earlier in the week an agreement was made between Austurhofn – TR and IPC about the execution of the project till the end. It is in substance the same contract as IPC had before apart from changes in the project time and various appendixes, cost cutting possibilities, and other measures necessary to insure a successful project finish. The project is supposed to finish in February 2011 and the building to start operation in April the same year.

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Construction in Keflavík is in full swing
24. June 2021

Construction in Keflavík is in full swing

The design phase in Keflavik which began in the middle of September 2020 has now been completed. The permission to commence is expected within the next few weeks. ÍAV received early permission to carry out the earthworks of the apron to ensure that the concrete paving could commence as early in the summer as possible. ÍAV has dug and removed 120.000 cubic metres of soil and rock and imported 100.000 cubic metres of crushed aggregates since March 9th, 2021.

Sky Lagoon handed over
12. May 2021

Sky Lagoon handed over

ÍAV has handed over the Sky Lagoon project to their client Nature Resort ehf. Sky Lagoon was open to the public on May 1, 2021. Sky Lagoon website is www.skylagoon.com

Móavegur 2-12, Progress Report
30. November 2018

Móavegur 2-12, Progress Report

Since contract signing on Feb 16, 2018, a continuous progress is claimed by ÍAV and sub trades on Móavegur 2-12 project site in Reykjavík. The project is to deliver in a turn-key manner a 155-apartment affordable rental-housing complex entailing six 3-4 storey buildings with a shared underground carpark, with anticipated project completion in June of 2020. The Client Bjarg is a non-profit organization formed by two of Iceland’s largest confederations of labour, ASÍ and BSRB.

Project status on Burfell Power Plant expansion.
14. June 2018

Project status on Burfell Power Plant expansion.

Now about 85% of all construction has been completed on the Burfell power plant expansion. All water chanels have been concluded. The entrance chanel was completed late April and the sewerage chanel was completed in beginning of May.

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