Skanska USA’s civil construction business has signed a contract with the Metropolitan Transportation Authority for the Second Avenue Subway Systems project in New York City.
The construction value of the project is $261.9 M. Skanska will include its full share, $87 M, in the bookings for Skanska USA Civil for the first quarter 2012.
Skanska, with joint-venture partner LK Comstock and Co., a subsidiary of RailWorks, will construct the track and systems for Phase I of the Second Avenue Subway. The project includes the installation of track, train signals, communications systems and traction power between 105th Street and the existing subway station at 63rd Street. Additional project work includes modification of existing facilities and systems to ensure connectivity with the Second Avenue Subway system. The Joint Venture will also construct three rail cross-overs along this route, which will allow trains to switch tracks in case of emergency.
The project is Skanska’s third contract for the construction of Phase I of the Second Avenue Subway project.
Work will commence in February 2012 with anticipated completion in fall 2016. BD+C
Related Stories
Architects | May 20, 2015
Architecture billings remain stuck in winter slowdown
Regional business conditions continue to thrive in the South and West
University Buildings | May 19, 2015
Special Report: How your firm can help struggling colleges and universities meet their building project goals
Building Teams that want to succeed in the higher education market have to help their clients find new funding sources, control costs, and provide the maximum value for every dollar.
University Buildings | May 19, 2015
Renovate or build new: How to resolve the eternal question
With capital budgets strained, renovation may be an increasingly attractive money-saving option for many college and universities.
University Buildings | May 19, 2015
KU Jayhawks take a gander at a P3 development
The P3 concept is getting a tryout at the University of Kansas, where state funding for construction has fallen from 20% of project costs to about 11% over the last 10 years.
Multifamily Housing | May 19, 2015
Zaha Hadid unveils 'interlocking lattice' design for luxury apartments in Monterrey, Mexico
Hadid's scheme was inspired by the Mexican tradition of interlocking lattice geometries.
Retail Centers | May 18, 2015
ULI forecast sees clear skies for real estate over next three years
With asset availability declining in several sectors, rents and transactions should rise.
Architects | May 17, 2015
NCARB wants the title ‘architect’ confined to those who are licensed
The Council is urging state licensing boards to come up with a substitute for the pre-licensure title ‘Intern.’
Museums | May 13, 2015
The museum of tomorrow: 8 things to know about cultural institutions in today’s society
Entertainment-based experiences, personal journeys, and community engagement are among the key themes that cultural institutions must embrace to stay relevant, write Gensler's Diana Lee and Richard Jacob.
Industrial Facilities | May 11, 2015
SOM-designed Manufacturing and Design Innovation Institute opens in Chicago
The new space will be a place for academia, industries, and civic bodies to collaborate.
Sponsored | Roofing | May 11, 2015
How architects can tap into the expertise of their metal roof manufacturer, part 2
Here are three things metal roof manufacturers can do to help the architect