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Skanska builds hospital in New Jersey, USA, for USD 200M, about SEK 1.7 billion

9/8/2016 8:30 AM CET
Press release

Skanska has signed a contract with Inspira Health Network to build a new hospital building in New Jersey, USA. The contract is worth USD 200M, about SEK 1.7 billion, which will be included in the order bookings for Skanska USA Building in the third quarter 2016.

Skanska will build a 5-story, about 41,000 square-meter, hospital with 204 beds. The main tower consists of operating rooms, an emergency department, imaging suites, as well as administrative, dining and support services. The project also includes constructing a new central utility plant, which will provide electrical power, heating/hot water and chilled water.

The new Inspira Health Network Medical Center will be built under the Integrated Project Delivery (IPD) approach, which brings together the client, designer and the builder to align stakeholders and streamline the execution of the project.

Construction will begin in the first quarter of 2017 and is scheduled to be complete by December 2019.
 
Skanska USA is one of the leading development and construction companies in the country, consisting of four business units: Skanska USA Building, which specializes in building construction; Skanska USA Civil, specialized in civil infrastructure; Skanska Infrastructure Development, which develops public-private partnerships; and Skanska USA Commercial Development, which develops commercial projects in select U.S. markets. Headquartered in New York, Skanska USA has more than 10,000 employees and its 2015 revenues were SEK 54.5 billion.

Contact: Michael Iacovella, Vice President, Head of Communications Skanska USC
Telephone +1 917 438 3377

Contact: Andreas Joons, Media Relations Manager
Telephone +46 10 44 90 494