Skanska nabs $58M JV deal to revamp Texas building 

ConDig (21-Nov-22) Swedish developer and contractor Skanska has landed a $58 million contract as part of the joint venture vehicle to redevelop a building in Houston, Texas.

Under the design-build services deal, the contractor said that supplemental tenant improvements will be made to a 130,000 square meter facility resulting in a new receiving center. The project includes a pick module and pallet rack installation, MEP systems and office build-out.

Construction is expected to start in November and expected to be completed in January 2024.

The total contract with joint venture partner Indi Construction Partners LLC is worth $64 million.

Last month, Skanska bagged a $150 million contract to reconstruct and rehabilitate the Williamsburg Bridge in New York.

Skanska landed a $72 million contract to expand a health and wellness facility in New Jersey.

Skanska said it had secured a $58 million contract to construct an ambulatory care cancer center in Livingston, New Jersey.

In January, Skanska drove off with a $1.09 billion contract for the Portal North Bridge replacement scheme in New Jersey.