Skanska has signed a contract to renovate and expand Riverside Community Hospital in Riverside, California, USA. The contract value is USD 150 M, about SEK 990 M, which will be included in order bookings for Skanska USA Building for the third quarter of 2014.
The project includes a seven-story, 27,000-square meter new tower. The renovation portion of the project consists of 2,800 square meters in the existing facility.
Construction has started and will conclude in February 2016.
Skanska USA is one of the leading development and construction companies in the country, consisting of four business units: Skanska USA Building, which specializes in building construction; Skanska USA Civil, specialized in civil infrastructure; Skanska Infrastructure Development North America, which develops public-private partnerships; and Skanska USA Commercial Development, which develops commercial projects in select U.S. markets. Headquartered in New York, Skanska USA has more than 9,600 employees and its 2013 revenues were SEK 43.5 billion.