Skanska improves the I-405 corridor in Bothell, Washington, USA, for USD 834M, about SEK 8.8 billion

Skanska has signed a contract with the Washington State Department of Transportation (WSDOT) to expand and make operational and multimodal improvements to 7.2 kilometers (4.5 miles) of the I-405 corridor in Bothell, Washington, USA. The contract is worth USD 834M, about SEK 8.8 billion, which will be included in the US order bookings for the third quarter of 2023.

The purpose of the I-405, Brickyard to SR 527 Improvement Project is to create a dual express toll lane (ETL) system from south of the I-405/SR 522 interchange to the I-405/SR 527 interchange. This project includes new lanes, direct access ramps, interchange improvements, infrastructure in support of Stride Bus Rapid Transit program, and new fish passage culverts within the project vicinity.

Construction is anticipated to begin in November 2023 and with expected completion in late 2028.

For further information please contact:

Meghan Carvalho, Communications Manager, Skanska USA, tel +1 (951) 6752337

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

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 2022 revenue totaling SEK 162 billion. We operate across select markets in the Nordics, Europe and USA. Together with our customers and the collective expertise of our 28,000 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.