STOCKHOLM, Sweden, Sept. 16, 2005 (PRIMEZONE) -- Skanska has secured the contract to reconstruct sections of the Grand Concourse in the Bronx in New York. The contract value is USD 52 M, or SEK 375 M, which will be included in order bookings for the third quarter. The customer is the New York City Department of Transportation.
The scope of the project includes the reconstruction of about 625 meters of the Grand Concourse between East 161st Street and East 166th Street. An existing 160 meter long concrete arch bridge will be replaced with a new superstructure consisting of precast precompressed concrete/steel composite superstructure panels. In addition, an approximately 160 meters long highway underpass will be built on East 161st Street under the Grand Concourse from Gerard Avenue to Sheridan Avenue.
The project also includes new approach ramps and all necessary installations. Skanska will also carry out the extensive demolition of existing structures. Work will commence in November and the project is to be completed during the first half of 2009.
The original Grand Concourse, which is the showpiece thoroughfare of the Bronx, was designed and constructed in the late 1800s and stretches in a north-south line between the eastern areas of the Bronx.
Skanska USA Civil focuses on the construction of complex infrastructure projects, such as highways, bridges and energy facilities, mass transportation systems, water control and wastewater-treatment plants. The company, with operations in eastern USA, Colorado and California, has approximately 4,200 employees. In 2004, Skanska USA Civil reported sales of around SEK 12 billion.
This and previous releases can also be found at www.skanska.com
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