Skanska expands hospital in San Antonio, Texas, USA, for USD 95M, about SEK 960M

Rhea-AI Summary

Skanska has secured a USD 95 million contract with CHRISTUS Health for an expansion project at Christus Santa Rosa Hospital-Westover Hills in San Antonio, Texas. This contract will contribute to the US order bookings for the fourth quarter of 2022. The project entails a 50,000 square meter five-level concrete tower addition and minor renovations, to be executed in three phases. Construction is expected to commence in January 2023 and conclude by February 2025.

Positive

• Contract worth USD 95 million with CHRISTUS Health enhances Skanska's order backlog.
• Expansion project contributes to the healthcare sector, possibly boosting Skanska's reputation and future project opportunities.

Negative

• None.

STOCKHOLM, Dec. 29, 2022 /PRNewswire/ -- Skanska has signed a contract with CHRISTUS Health for an expansion to Christus Santa Rosa Hospital-Westover Hills Hospital in San Antonio, Texas, USA. The contract is worth USD 95M, about SEK 960M, which will be included in the US order bookings for the fourth quarter of 2022.

The project consists of a five-level cast in place concrete tower addition at the hospital, approximately 50,000 square meters of new construction with a minor renovation. The project will be completed in three phases including a new surface parking, a new bed tower addition, and a partial renovation of the existing first floor.

Construction is slated to begin in January 2023 and expected to reach completion in February 2025.

For further information please contact:

Peggy Cook, Communications Manager, Skanska USA, tel +1 (513) 222 5310

Matti Kataja, Acting Head of Media Relations and Public Affairs, Skanska AB, tel +46 (0)10 449 67 98

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

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

The following files are available for download:

https://mb.cision.com/Main/95/3690768/1758910.pdf

20221229 US Christus Health Hospital

View original content:https://www.prnewswire.com/news-releases/skanska-expands-hospital-in-san-antonio-texas-usa-for-usd-95m-about-sek-960m-301710906.html

SOURCE Skanska

FAQ

What is the value of Skanska's contract with CHRISTUS Health?

The contract is valued at USD 95 million.

When is the construction for the Christus Santa Rosa Hospital expansion expected to begin?

Construction is slated to begin in January 2023.

What is the expected completion date for the Christus Santa Rosa Hospital project?

The project is expected to be completed by February 2025.

How much new construction is involved in the Christus Santa Rosa Hospital expansion?

The project includes approximately 50,000 square meters of new construction.