Skanska to modernize Johns Hopkins University's flagship library in Maryland, USA worth USD 104 M, about SEK 1.1 billion
Rhea-AI Summary
Skanska has secured a USD 104 million (SEK 1.1 billion) contract to modernize the Milton S. Eisenhower Library at Johns Hopkins University in Maryland. The project involves renovating the 182,000-SF, six-story library built in 1964, including comprehensive interior modernization, new MEP systems, and the addition of a communicating stair and skylight to improve connectivity and lighting for below-grade levels. The renovation will also include window restoration and roofing improvements, targeting LEED® Gold certification and net-zero readiness.
Construction commenced in July 2024 with expected completion in October 2026. The contract value will be recorded in Skanska's US order bookings for Q4 2024.
Positive
- Secured significant contract worth USD 104M, strengthening order book
- Project contributes to sustainable building portfolio with LEED Gold certification
- Contract adds to Q4 2024 order bookings
- Long-term project providing steady revenue stream through 2026
Negative
- None.
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STOCKHOLM, Dec. 23, 2024 /PRNewswire/ -- Skanska has signed a contract to modernize Milton S. Eisenhower Library at Johns Hopkins University in Maryland, USA. The contract amount of USD 104 M, about SEK 1.1 billion, will be included in the US order bookings for the fourth quarter of 2024.
The project includes the renovation and thorough interior modernization of Milton S. Eisenhower Library, Johns Hopkins University's flagship library in Baltimore, Maryland. The renovation includes reimagining the 182,000-SF, six-story library built in 1964. The work includes all new finishes and MEP systems, a new communicating stair and skylight providing connectivity and light to the four, below-grade levels. The building envelope includes the restoration of windows and roofing. The project will be LEED® Gold and net-zero ready.
Construction began in July 2024 and is expected to be completed in October 2026.
For further information please contact:
Ashley Jeffery, Communications Mgr, Skanska USA Building, tel +1 813 459 3682
Jacob Birkeland, Head of Media Relations & Public Affairs, Skanska AB, tel +46 (0)10 449 04 94
Direct line for media, tel +46 (0)10 448 88 99
This and previous releases can also be found at www.skanska.com.
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