Jan 8, 2021

Skanska wins $120m US airport and healthcare contracts

Dominic Ellis
2 min
Deals cover Concourse T-North Extension at Hartsfield-Jackson Atlanta International Airport and Orlando Health Jewett Orthopaedic Institute in Orlando
Deals cover Concourse T-North Extension at Hartsfield-Jackson Atlanta International Airport and Orlando Health Jewett Orthopaedic Institute in Orlando...

Skanska, the multinational construction and development company based in Sweden, has signed an additional contract with Hartsfield-Jackson Atlanta International Airport to construct the Concourse T-North Extension and modernisation project.

The project will be carried out in a Skanska-led joint venture along with New South Construction, FS360 and Synergy Construction – the company’s share of the contract is worth about $56 million, which will be included in the firm’s US order bookings for Q4 2020, according to a company statement.

"The expansion and modernisation of the world’s busiest passenger airport will include the construction of five additional gates at the north end of Concourse T at the airport, in addition to rebuilding a major portion of the North Terminal exit road, construct a Delta Air Lines ground support equipment facility and a fire station, as well as oversee relocations to the utilities’ infrastructure," the statement continues. 

It adds that the project will enhance the level of customer service by increasing capacity and updating the aesthetic appeal.

Construction is scheduled to begin in January with the joint venture aiming to complete the project by December 2022.

Continuing its strong start to the year, Skanska also says that it has signed a contract worth $64 million with Orlando Health Inc to construct the new Orlando Health Jewett Orthopaedic Institute in Orlando, Florida. This contract will also be included in its fourth quarter orders.

The 371,000sq ft institute will include an eight-storey hospital that will house 75 inpatient rooms and 10 operating rooms (ORs). An adjoining 6-story medical office building will include two floors of ambulatory suites which will contain an added 12 ORs. The inpatient and outpatient facility will be dedicated solely to the care of orthopaedic patients. Construction is scheduled to be completed by Q2 2023.

In 2019, the company registered sales of $9.03 billion.

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Jun 15, 2021

Skanska secures $84m Portland Airport upgrade contract

Dominic Ellis
2 min
Skanska Hoffman joint venture wins Terminal Core Expansion project, comprising structural, mechanical and electrical work and enclosure

A Skanska Hoffman Construction Company joint venture has signed a contract amendment with the Port of Portland for improvements to the Portland International Airport in Portland, Oregon, USA.

Skanska's share of the contract amendment is worth US$84M, which will be included in the US order bookings for the second quarter.

The amendment includes work on the Terminal Core Expansion project, comprising structural, mechanical and electrical work and enclosure. Construction is underway and scheduled for completion by 2025.

With annual travelers expected to climb to 33 million by 2045, the Terminal Core Redevelopment project is a vital expansion that ensures PDX will be able to serve the community well into the future.

Hoffman will install a new 9-acre large-span roofing system over the entire terminal core complex, build a 150-foot multi-floor addition between Concourses C and D, and add new pre- and post-security concessions.

The renovated passenger entry terminal will double the size of the current ticketing and lobby area when it opens in 2025. It is also replacing 16 old passenger boarding bridges plus equipment throughout the PDX concourses. Gate count is critical for PDX operation, so the team must coordinate with each airline to replace one bridge at a time. In addition, Hoffman is rebuilding and enlarging Concourse B. The project is targeting LEED Gold. 

Skanska USA recorded sales of SEK66 billion in 2020 and has about 7,600 employees in its operations.

In other recent developments:

  • Skanska has sold an elderly care home in Sollentuna outside Stockholm, for about SEK280M, to Altura and lease agreements have previously been signed with Nytida and Vardaga. 
  • The group has also divested a residential project consisting of rental apartments, senior apartments and a home for people with special needs in Malmö, to Bantorget Hyresbostäder for SEK300M.
  • Skanska has joined the climate initiative Leadership Group for Industry Transition (LeadIT) that gathers countries and leading companies committed to action to achieve the Paris Agreement.
  • Skanska has, through Cementation Skanska, signed a contract with the Skanska Costain STRABAG joint venture for major piling works for the London Tunnels section on the HS2 high speed railway.

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