Skanska signs an additional contract for renovation and expansion at a University in Ohio, USA, for USD 94M, about SEK 975M

STOCKHOLM , March 22, 2024 /PRNewswire/ -- Skanska has signed an additional contract with the University of Cincinnati for the renovation and addition of a historic building on campus in Cincinnati, Ohio , USA. The additional contract is worth USD 94M , about SEK 975M , which will be included in the U.S. order bookings for the first quarter 2024.

The project is one in a series of major capital projects. 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.

Work began in 2023 and is expected to reach phased occupancy starting in August 2025 .

For further information please contact:

Peggy Cook , Communications Manager, Skanska USA , tel +1 (513) 222 5310
Olle Rundgren , Media Relations Manager, Skanska, tel +46 (0)10 448 67 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