Skanska replaces Portage Bay Bridge in Seattle, Washington, USA, for USD 1.4 billion, about SEK 14.5 billion

Skanska has signed a contract with the Washington State Department of Transportation to replace the Portage Bay Bridge in Seattle, Washington, USA. The contract is worth USD 1.4 billion, about SEK 14.5 billion, which will be included in the US order bookings for the first quarter of 2024.

This project replaces the existing Portage Bay Bridge to meet current seismic resiliency standards and creates a lidded segment at East Roanoke Street. It includes updated roadways, dedicated carpool and public transit lanes and the construction of a landscaped open space lid over the highway. This will create a new multimodal connection via the extension of the regional shared-use path that makes it possible to bike or walk across Portage Bay to the new Roanoke Lid.

Construction is planned to commence in August 2024 with anticipated completion in 2031.

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 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.