Skanska improves subway station in New York, USA, for USD 74.2M, about SEK 750M

Skanska has signed a contract with the Metropolitan Transportation Authority to improve a subway station in New York, New York, USA. The contract is worth USD 74.2M, about SEK 750M, which will be included in the US order bookings for the fourth quarter of 2022.

Skanska will make circulation improvements to the Grand Central – 42nd Street Station, to help better accommodate the station’s current passenger flow and projected increased passenger count.

The project includes construction of a newly mined tunnel passageway, as well as the creation of new stairways and the widening of existing stairways. The project also contains upgrades to the station’s fire alarm system as well as core tunnel repairs.

Construction started in December 2022 and expected completion is November 2024. 

For further information please contact:

Maritza Ferreira, VP Communications, Skanska USA, tel +1 (678) 492 2003

Matti Kataja, Acting Head of Media Relations and Public Affairs, Skanska AB, tel +46 (0)10 449 67 98 

Direct line for media, tel +46 (0)10 448 88 99

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 2021 revenue totaling SEK 148 billion. We operate across select markets in the Nordics, Europe and USA. Together with our customers and the collective expertise of our 30,000 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.