Skanska in $135M rebuild of waterfront park in New York 

ConDig (10-Jan–24) Swedish developer and contractor Skanska has landed a $135 million contract to redevelop a waterfront park and pier in Staten Island, New York.

Under the deal with the New York City Economic Development Corporation, the contractor will reconstruct the esplanade and shoreline, as well as make improvements to the pedestrian and bike paths along the esplanade. 

Skanska will also build a 3,700 square meter (40,000-SF) pier that will include an office building, storage facility, and bulkhead. The scope of the work also covers landscaping and the removal of existing structures.

Work is slated to begin in August 2024 and expected to be completed in late 2026.

Last month, Skanska secured a $155 million contract for two college buildings in Fort Worth, Texas.