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Skanska constructs campus in Washington D.C., USA, worth USD 78 M, about SEK 510 M

8/12/2013 8:45 AM CET
Press release

Skanska has signed a contract with American University (AU) to construct the school’s new East Campus in Washington D.C., USA. The contract value is USD 78 M, about SEK 510 M, which will be included in order bookings for Skanska USA Building for the third quarter of 2013.

Skanska is responsible for providing construction management services to build the East Campus’ six new buildings, which collectively total nearly 32,000 square meters. The new buildings will be targeting LEED Gold certification.

The precontruction and design has already started and the new campus buildings will open for occupancy in fall 2016.

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 Commercial Development, which develops commercial projects in select U.S. markets. Headquartered in New York, Skanska USA has approximately 8,300 employees and its 2012 revenues were SEK 37.3 billion.

Contact: Pontus Winqvist, Managing Director Asset Management
Telephone +46 10 44 88 851