Skanska Wins $100 Million Contract to Build STEM Building for Texas State University

Skanska Wins $100 Million Contract to Build STEM Building for Texas State University

(IN BRIEF) Skanska has secured a contract valued at $100 million from the Texas State University System to construct a new STEM (Science, Technology, Engineering, and Math) building on the San Marcos campus in Texas, USA. The eight-story, 14,500 square-meter structure will house the Departments of Mathematics and Computer Science, along with teaching spaces, class labs, departmental offices, and research labs for various academic disciplines. The project also involves site and utility improvements. Construction is set to commence in June 2024, with an expected completion date in May 2026. The contract will contribute to Skanska’s US order bookings for the fourth quarter of 2023.

(PRESS RELEASE) STOCKHOLM, 13-Nov-2023 — /EuropaWire/ — Skanska has signed a contract with Texas State University System to build a new STEM (Science, Technology, Engineering, and Math) building located on The Texas State University System’s San Marcos campus in Texas, USA. The contract is worth USD 100M, about SEK 1.1 billion, which will be included in the US order bookings for the fourth quarter of 2023.

The new building will be an eight-story, 14,500 square-meter (155,900 squarefoot) structure that will house the Departments of Mathematics and Computer Science, and will provide teaching space, class labs, departmental offices, and research labs for several other academic disciplines. The project also requires site and utility improvements and upgrades to support the new building.

Construction is slated to begin in June 2024 and expected to reach completion in May 2026.

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

Skanska Group uses knowledge & foresight to shape the way people live, work, and connect. Over 135 years in the making, we’re one of the world’s largest project development and construction companies, with 2022 revenue totaling SEK 162 billion.

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

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

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SOURCE: Skanska