Skanska signs contract for $35 million for ongoing project in New York City

Press release 4/13/2017 2:00 AM EST

Skanska has booked an additional order for its existing 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. Skanska will include the incremental expansion worth USD 35M, about SEK 310M, in the US order bookings for the first quarter of 2017.

Skanska is providing infrastructure upgrades and core finishes to 30 floors in preparation for new tenants. Updates to the building 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). The incremental addition includes interior cell phone antenna and IT systems, as well as roofing.

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

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