Peab has been commissioned to renovate and rebuild the southern part of Kvarteret Sperlingens Backe at Stureplan in central Stockholm. The customer is Sturegallerian AB and the contract amounts to approximately SEK 2 billion. The assignment is a collaborative contract that comprises a total of approximately 48,000 square meters of the Sture area. The plan includes renovations and re-creation of older buildings, new offices, housing and openings of more public spaces, as well as a new connection to Östermalmstorg metro station. The entire project will have the highest sustainability certification LEED Platinum.Work will begin immediately and is expected to be completed in 2026.