Skanska expands and renovates University hospital in Virginia, USA, for USD 142M, about SEK 1.2 billion
Skanska has signed a contract with existing client the University of Virginia to renovate and expand its hospital. The contract is worth USD 142M, about SEK 1.2 billion, which will be included in the order bookings for Skanska USA Building for the fourth quarter 2016.
The project is an about 40,000 square meter, 15-level expansion as well as 8,000 square meters of renovation work.
Construction services began in June of 2015. The entire hospital expansion and renovation project is slated for completion in December 2020.
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.