Skanska-led JV lands $169M bridge revamp in Boston

ConDig (20-Dec-18).  A joint venture led by Swedish developer and contractor Skanska has secured a $169 million contract to upgrade the Chelsea Viaduct Bridge in Boston, Massachusetts.

Under the deal with the Massachusetts Department of Transportation, the joint venture, which also includes McCourt Construction, will rehabilitate the Chelsea Viaduct Bridge that carries Route 1 over Fifth Street, Arlington Street, MBTA Commuter Rail, Spruce Street, Carter Street and Orange Street. 

It will also feature the reconstruction of all approach roadways and the rehabilitation of the Tobin Bridge upper deck over Chelsea Local Streets and Mystic River.

Construction is slated to kick off this month, with completion set for July 2021.

Skanska said its share of the contract was worth $85 million and will be included in its US order bookings for the fourth quarter of this year.

Architect on the construction project is HNTB, which is based in Kansas City, Missouri.

Last month, a joint venture led by Skanska bagged a 75 million contract to build four schools in Harrison, Ohio.

The company also reported in November that operating income tumbled 49% in the third quarter to Swedish crowns (SEK) 2.4 billion compared with SEK 4.7 billion a year earlier, while order intake at the group’s construction division, which books the bulk of group sales, was 30.6 billion Swedish crowns ($3.40 billion) compared with 34.1 billion in the year-ago period.

Be the first to comment on "Skanska-led JV lands $169M bridge revamp in Boston"

Leave a comment

Your email address will not be published.