Skanska invests NOK 210M, about SEK 210M in a residential development property in Bærum, Norway
Skanska has acquired a development property in Bærum, Norway. The net investment for residential purpose amounts to NOK 210M, about SEK 210M. The seller is Profier. The property Kirkeveien 59 is ready zoned for block housing and concentrated single-family housing. Skanska plans to build 50 apartments and 28 terraced houses. The project will be BREEAM-certified and construction work is expected to start 2023. Skanska is one of the leading construction- and project development companies in...
The City of San Diego Awards the New Torrey Pines Fire Station to Miller Hull and Level 10 Construction
Rendering by The Miller Hull Partnership September, San Diego, CA — The City of San Diego has hired The Miller Hull Partnership, LLP as Architect and Level 10 Construction as General Contractor for the new Torrey Pines Fire Station, a critical civic facility that will improve emergency response services in the area. The fire station is located on the border between the UC San Diego campus and the surrounding residential and life sciences communities it will serve. The project aims to mee...
Skanska invests USD 216M, about SEK 1.8 billion, in the office development project 17xM in Washington, DC, USA
Skanska invests USD 216M, about SEK 1.8 billion, in the office development project 17xM in Washington, DC, USA. The construction contract is worth USD 105M, about SEK 890M, which will be included in the US order bookings for the third quarter 2021. The office space in the building is more than 50 percent leased. 17xM will become a 30,700 square meter, 11-story office building located in Washington, DC’s Central Business District, at the intersection of 17th Street and M Street Northwest. It i...
Port of Savannah to add 1.6M TEUs of capacity
The Peak Capacity Project, foreground, is currently under construction and will provide 800,000 twenty-foot equivalent container units of annual capacity at the Port of Savannah. The project will be completed in two phases, with the first coming online in December. See drone video of the construction site here. (Georgia Ports Authority / Jeremy Polston) August second busiest month in GPA history SAVANNAH, Ga., Sept. 28, 2021 – On the heels of reporting the second busiest month in its...
InEight’s Fall 2021 Platform Innovations Double Down on Real-Time Capital Project Insights for Stronger Collaboration
Focused on bringing real-time based innovations to bear, ongoing quarterly updates will empower project teams with industry-leading capabilities — first in short-interval planning (SIP) and subcontractor management. SCOTTSDALE, Ariz. – Sept. 21, 2021 – InEight Inc., a global leader in construction project management software, today announced the rollout of the first in a series of quarterly platform enhancements designed to enable deeper project insights. These innovations will include...
U.S. Navy’s Naval Facilities Engineering Systems Command selects WSM Pacific SIOP Joint Venture to Support West Coast Shipyard Infrastructure Optimization
Program will modernize U.S. Navy’s public shipyards at Pearl Harbor, Hawaii, and Puget Sound, Washington. HONOLULU, HI, September 17, 2021 — Naval Facilities Engineering Systems Command (NAVFAC) Pacific has selected the WSM Pacific SIOP Joint Venture—comprising global engineering and design firms WSP USA, Stantec and Moffatt & Nichol—to lead multidiscipline architect-engineer services as part of a five-year, $500 million single award indefinite-delivery indefinite-quantity contract. T...
Efficient Pit project: together with its partners, Solmax is developing the next generation of pit thermal energy storage
What does the next generation of Pit Thermal Energy Storage (PTES) look like? This question is the focus of the Efficient Pit research and development project funded by the German Federal Ministry for Economic Affairs and Energy on the basis of a resolution by the German Bundestag. Over the project’s four-year duration, project participants Solmax Geosynthetics GmbH and Solites, a division of Steinbeis Innovation GmbH, are dedicating themselves to the overall goal of further developing PTES in s...
Stantec-designed Willowbrook/Rosa Parks Station construction wraps; revitalized station provides critical renovation and improvements
The project expands transit platform and adds new Metro bike hub, community plaza, and customer service/transit security center Los Angeles, CA - NYSE, TSX:STN The Stantec-designed Willowbrook/Rosa Parks Station Improvement Project in Los Angeles recently reached substantial completion. Design for the $129 million project for Los Angeles County Metropolitan Transportation Authority (Metro) was led by Stantec’s Los Angeles office. The project reimagines the station as a communit...
TDOT Awards Largest Project in its History
Nashville, Tenn. – The Tennessee Department of Transportation has awarded the Interstate 65 widening project from near State Route 25 to near State Route 109 in Robertson County to Jones Bros., LLC. The middle Tennessee contractor had the lowest bid at $160 million, the largest in TDOT history, surpassing the $152 million I-440 Reconstruction project. The 9.68-mile widening project just north of Nashville includes a long list of improvements. · One additional travel lane in each dir...
Skanska builds 121 apartments in Bærum, Norway for NOK 480M, about SEK 475M
Skanska has signed an agreement with OBOS to build 121 apartments in Bærum, Norway. The contract is worth approximately NOK 480M, about SEK 475M, which will be included in the Nordic order bookings for the third quarter of 2021. The project is a pilot in The FutureBuild program in Norway and has high environmental ambitions. There will be high use of eco-friendly solutions that consume little energy and leave as small climate footprint as possible (e.g. low carbon concrete). The overall goal...