Skanska secures $199m order for office project in Sweden
November 20, 2018 – Swedish construction and project development company Skanska has won a SEK1.8bn ($199m) order for the development of an office project, Citygate, in Gothenburg, Sweden.
The construction contract is valued at SEK1.5bn ($166m).
With 36 floors, Citygate will be the tallest office building in the Nordic region and will have a leasable area of approximately 42,000m².
The office building will be WELL certified, which is based on medical and scientific research on how built environments affect people, as well as LEED certified (Leadership in Energy and Environmental Design).
The Citygate project will also take social responsibility to prevent exclusion and promote employment in the city of Gothenburg.
Skanska has developed Citygate project together with Danish architectural office Henning Larsen Architects.
The project will commence in December 2018 and be completed in March 2022.
Previously, Skanska, in a joint venture with Megen Construction, signed a contract with Southwest Local School District and the Ohio Facilities Construction Commission to build four school buildings in Harrison, Ohio, US.
Skanska, leading the joint venture, will have a share of 70% in the contract, totalling SEK495m ($54m). The total contract being split is worth $75m.
The 34,000m² building programme involves replacing five existing schools with three new elementary schools and one new middle school.
The new schools have been designed to be LEED Silver certified.
Construction will begin in June 2019 and the project is expected to be completed in September 2021.
Skanska is involved in building construction and civil engineering in Sweden, Norway and Finland, and is developing residential and commercial property projects in select home markets. The commercial development stream is also active in Denmark. It offers services in public-private partnerships.
The company is also involved in the construction and development companies in the US, specialising in building construction, civil infrastructure, public-private partnerships and commercial property developments in select US markets.