Skanska constructs higher education buildings in Fort Worth, Texas, USA for USD 105M, about SEK 880M

Rhea-AI Summary

Skanska has secured a USD 105M (approximately SEK 880M) contract with Tarrant County College District to construct two new educational buildings in Fort Worth, Texas.

This project, encompassing around 20,900 square meters, will feature labs, classrooms, and offices, along with extensive landscaping. Construction is set to begin in July 2021 and is expected to complete by the second quarter of 2023. Skanska’s US order bookings will reflect this contract in the second quarter of 2021.

Positive

• Contract worth USD 105M with Tarrant County College District.
• Addition of two educational buildings enhances Skanska's portfolio.
• Project includes comprehensive facilities like labs and classrooms.

Negative

• None.

ÖSTERSUND, Sweden, June 30, 2021 /PRNewswire/ -- Skanska has signed a contract with Tarrant County College District (TCCD) to construct new higher education buildings in Fort Worth, Texas, USA. The contract is worth USD 105M, about SEK 880M, which Skanska will include in the US order bookings for the second quarter 2021.

This phase of work includes two new buildings totaling approximately 20,900 square meters. The buildings will include labs, classrooms, common areas, and offices for counselling and financial aid. Additionally, the project includes site work and extensive landscaping surrounding the new buildings.

Construction begins in July 2021. The project is scheduled for completion in the second quarter of 2023.

Skanska is a world leader in construction and project development in select markets throughout the Nordic region, Europe and USA. Driven by the Group's values, Skanska contributes to a better society by providing innovative and sustainable solutions. The Group has about 32,500 employees, and 2020 revenue totaled SEK 159 billion.

CONTACT:

For further information please contact:

Elizabeth Locke, Communications Director, Skanska USA, tel +1 214 763 52 55

Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10 449 04 94

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

 

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20210630 US education buildings

 

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SOURCE Skanska

FAQ

What is the value of the contract Skanska signed with Tarrant County College District?

The contract is worth USD 105M (approximately SEK 880M).

When is the construction of the new buildings in Fort Worth, Texas expected to start?

Construction is scheduled to begin in July 2021.

What is the expected completion date for the Tarrant County College project?

The project is expected to be completed in the second quarter of 2023.

How large is the construction project for Tarrant County College?

The project includes two new buildings totaling approximately 20,900 square meters.