Skanska to Build New Research and Teaching Facility for University of North Texas in $87M Project

Skanska to Build New Research and Teaching Facility for University of North Texas in $87M Project

(IN BRIEF) Skanska has signed an $87 million contract with the University of North Texas to build a new research and teaching facility on the university’s Denton campus. The 10,300 square-meter building will support interdisciplinary research in fields like biology, chemistry, and computer science, providing modern facilities for both students and faculty. Construction will begin in September 2024 and is expected to be completed by October 2026.

(PRESS RELEASE) STOCKHOLM, 18-Sep-2024 — /EuropaWire/ — Skanska has been awarded an $87 million contract by the University of North Texas to construct a state-of-the-art research and teaching building on its Denton campus. The project, valued at approximately SEK 920 million, is scheduled to begin in September 2024, with completion anticipated by October 2026.

The 10,300 square-meter (111,000-square-foot) facility will be designed to support collaborative, interdisciplinary research and teaching across a range of scientific fields, including biology, biomedical engineering, chemistry, physics, data science, and computer science. The new space will also enhance experiential learning opportunities for students, promoting an environment of innovation and research excellence.

The facility’s design will incorporate a cast-in-place structure with a visually striking façade featuring masonry, curtain walls, and metal panels. It will serve as a hub for cutting-edge research and education, aligning with the university’s long-term vision of advancing science and technology.

“We are excited to partner with the University of North Texas on this transformative project,” said a Skanska representative. “This new facility will play a critical role in expanding the university’s research capabilities and enriching the student experience for generations to come.”

This contract will be included in Skanska’s U.S. order bookings for the third quarter of 2024.

This and previous releases can also be found at www.skanska.com.

Skanska Group uses its knowledge and foresight to shape the way people live, work, and connect. We are one of the world’s largest project development and construction companies, with 2023 revenue totaling SEK 157 billion. We operate across select markets in the Nordics, Europe and USA. Together with our customers and the collective expertise of our approximately 27,000 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.

Media Contacts:

Peggy Cook
Communications Manager, Skanska USA
Tel: +1 (513) 222 5310

Andreas Joons
Press Officer, Skanska Group
Tel: +46 (0)10 449 04 94

Direct line for media
Tel: +46 (0)10 448 88 99

SOURCE: Skanska

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