Skanska awarded contract for Gaillard Municipal Auditorium renovations in Charleston, USA, for USD 77 M, about SEK 525 M

7/23/2012 8:30 AM CET
Press release

Skanska, in a joint venture with Trident Construction, has been awarded a contract from the City of Charleston in South Carolina for renovation and new construction services at the Gaillard Municipal Auditorium for USD 110 M, about SEK 750 M. Skanska’s share of the contract is 70 percent, approximately USD 77 M, about SEK 525 M, which will be included in order bookings for Skanska USA Building for the third quarter of 2012.

The Gaillard Center project includes the addition of a 1,800 seat multi-purpose auditorium, a 3,600 square meter exhibit hall and a new three-story 7,500 square meter municipal office building for City employees. According to the city’s mayor, this will be the largest construction project in the city’s history.

Seeking LEED Silver certification, the project will begin in August and is slated for completion in December 2014.

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 9,400 employees and its 2011 revenues were SEK 31.3 billion.