Skanska constructs new STEM building in San Marcos, Texas, USA, for USD 100M, about SEK 1.1 billion
STOCKHOLM, Nov. 13, 2023 /PRNewswire/ -- 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.
- STOCKHOLM, Nov. 13, 2023 /PRNewswire/ -- 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 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.