Skanska renovates and expands historic building for University in Ohio, USA, for USD 67M, about SEK 640M
Skanska has signed a USD 67M contract for the renovation and addition of a historic building at the University of Cincinnati, Ohio. This project encompasses a 6,100-square meter renovation and a 13,400-square meter addition, providing modern facilities for science education. Work is scheduled to begin in May 2023 and conclude by March 2025. The contract will impact Skanska's U.S. order bookings for Q2 2022, contributing approximately SEK 640M.
- Contract signed worth USD 67M (SEK 640M), boosting U.S. order bookings.
- Project enhances educational infrastructure, supporting modern academic research and science education.
- None.
ÖSTERSUND, Sweden , June 2, 2022 /PRNewswire/ -- Skanska has signed a contract with the University of Cincinnati for the renovation and addition to a historic building in Cincinnati, Ohio, USA. The contract is worth USD 67M, about SEK 640M, which will be included in the U.S. order bookings for the second quarter 2022.
Specifically, the 6,100-square meter renovation will include new offices, open engineering research labs, classrooms, biology and chemistry teaching labs, and collaboration spaces. The approximately 13,400-square meter addition will include new state-of-the-art open-bay chemistry research labs with chemical storage, material support, and facility service spaces.
The project is one in a series of major capital projects and will allow the University to expand basic science education as the existing building is incapable of supporting the needs of modern academic research.
Work is slated to begin in May 2023 and is expected to reach completion in March 2025.
CONTACT:
For further information please contact:
Peggy Cook, Communications Manager, Skanska USA, tel +1 (513) 222 5310
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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SOURCE Skanska
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