Skanska designs 7 Line subway extension.
The project is a joint venture between Skanska and Railworks, with a 75 percent share awarded to Skanska.
The contract value for Skanska is $386M, which will be included in order bookings for the third quarter. The customer is the Metropolitan Transportation Authority of the State of New York.
The project includes various civil improvements, including utility connections, architectural finishes, structural work, elevators, escalators, HVAC, tunnel ventilation, fire protection, plumbing, electrical power and lighting, instrumentation and controls, signal systems, communication systems, traction power systems and track work for the running tunnels, station cavern and four ventilation buildings along the alignment of the No. 7 Line extension.
"Skanska is thrilled to be working with the MTA on another signature project to upgrade New York City's transit system," said Donald Fusco, senior vice president and general manager, Skanska USA Civil Northeast.
"We have been involved in this expansion project since the beginning, and are committed to completing a new subway system that will provide commuters with safe and efficient passage to the West Side of Manhattan on one of New York City's busiest subway lines."
Work on the project begins this month, and is expected to be completed in June 2014.
Skanska is also part of the joint venture that is constructing the tunnel for the No. 7 Line extension that will soon link Times Square to the West Side of Manhattan.
That project is expected to be completed by Spring of 2012.
Skanska USA has a long history of building complex transportation and infrastructure projects, and has played a significant role in helping to build and improve New York City's modem-day transportation system.
In 2002, Skanska rebuilt New York City's largest and busiest subway stop--the Times Square Subway Station, which serves as a hub for four subway lines carrying over 500,000 passengers daily.
In 2005, Skanska completed renovations at the Roosevelt Avenue / 74th Street station in Queens.
Currently, in addition to the civil construction of the No. 7 Line extension, Skanska is also building the PATH Station and the Oculus at the World Trade Center's Transportation Hub and the Fulton Street Transit Center, which will create a hub connecting five subway stations and 10 subway lines in lower Manhattan.
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|Publication:||Real Estate Weekly|
|Date:||Sep 21, 2011|
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