Skanska renovates high-rise building in New York, USA, for USD 40M

Press release 1/11/2017 2:30 AM EST

Skanska has signed a contract with The Durst Organization to renovate
1155 Avenue of the Americas, a high-rise building located in Midtown
Manhattan in New York City, USA. The contract is worth USD 40M, which will be included in the order bookings for Skanska USA
Building for the fourth quarter 2016.

Skanska will provide infrastructure upgrades and core finishes to 30 floors
in preparation for new tenants. Updates to the building will include new
floor air handling units, cooling towers, emergency generator, emergency
power riser, core restrooms, perimeter insulation, fire protection sprinklers
and a new Building Management System (BMS).

Construction began December 2016 with an estimated completion of
October 2018.