Skanska to Build and Renovate Academic Buildings in Virginia for USD 163M
Swedish construction firm Skanska has secured a contract worth approximately USD 163 million (SEK 1.5 billion) with the University of Mary Washington to construct a new theatre and renovate fine arts buildings on its Fredericksburg, Virginia campus. The project includes site development, infrastructure work, core shell construction, and interior fittings for a multi-story theatre featuring a performance hall that seats up to 293 people. In addition to the new building, Skanska will also carry out renovations across approximately 7,600 square meters of existing fine arts buildings and construct an additional space covering around 800 square meters. The project has already begun with a projected completion date in February 2030. This contract is expected to be included in the company's US order bookings for Q3 2026.
Topics: construction education infrastructure