Skanska signs additional contract to expand hospital in Portland, Oregon, USA, for $111 million

Press release 4/4/2023 7:00 AM EST

Skanska has signed a contract amendment with Oregon Health & Science University for its Hospital Expansion Project in Portland, Oregon, USA. The contract amendment is worth $111M, which will be included in the US order bookings for the first quarter of 2023.

The contract includes patient floors, parking, mechanical and electrical space to support hospital functions, three pedestrian sky bridges to connect the new tower to the existing buildings, roadway improvements, and a new multi modal hub bus stop.

Construction of the approximately 538,000-square-foot, 14-story hospital expansion began in 2022 and is expected to open to patients in 2026.