Skanska builds medical education building for The University of Texas at Tyler in USA for USD 111M, about SEK 1.1B

12/29/2022 7:30 AM CET
Press release Non-regulatory press releases

Skanska and its joint venture partner, HGR General Contractors, signed a contract with The University of Texas at Tyler to build a medical education building in Tyler, Texas, USA. The contract is worth in total USD 218M, about SEK 2.2B. Skanska’s portion is worth USD 111M, about SEK 1.1B, which will be included in the US order bookings for the fourth quarter of 2022.

The medical education building, a five-story facility of approximately 75,000 square meters, will support interdisciplinary education for medical students and aid as part of the graduate medical education program expansion throughout the UT Health East Texas Health System.

In addition, the Medical Education Building will provide outpatient and specialty clinical services with exam rooms, specimen collection/processing, and imaging facilities. Auxiliary project components consist of a central utility plant, skybridge, and parking structures.

Construction is slated to begin in December 2022 and expected to reach completion in Spring of 2025.