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Skanska signs construction contract for new college campus development for USD 131 million, about SEK 1.2 billion

9/26/2018 8:30 AM CET
Press release

Skanska has signed a contract for USD 131 M, about SEK 1.2 billion, with Collin College in Wylie, Texas, to manage the construction of a new campus for the college. Skanska USA will include USD 131 M in its third quarter 2018 order bookings.

The four-building campus will total about 32,000 square meters and include a student center, campus commons, learning resource center and a central utility plant.

The project will break ground next month and is slated for completion in June 2020. The project architect is Page.

Skanska is one of the leading development and construction companies in USA, specialized in building construction, civil infrastructure and developing commercial properties in select U.S. markets. Skanska also offers services in public-private partnerships. Skanska USA had sales of SEK 59 billion in 2017 and had about 9,500 employees in its operations.