Skanska signs additional contract for improvements at Logan Airport in Boston, USA, for USD 250M, about SEK 2.6 billion
Skanska (OTC:SKBSY) has secured an additional USD 250 million contract with the Massachusetts Port Authority for improvements at Boston's Logan Airport Terminal E. The project includes constructing a new 67,400 square meter parking garage with approximately 4,000 parking spaces.
The comprehensive development encompasses vehicular bridge connections to the existing central parking complex, a new pedestrian bridge linking to terminals, and modifications to arrival and departure roadways. The project will feature sustainable elements including solar PV panels and aims for Parksmart certification. Construction will begin in Q2 2025 with completion expected in 2030.
Skanska (OTC:SKBSY) ha ottenuto un contratto aggiuntivo di 250 milioni di dollari dalla Massachusetts Port Authority per lavori di miglioramento al Terminal E dell'aeroporto Logan di Boston. Il progetto prevede la costruzione di un nuovo parcheggio di 67.400 metri quadrati con circa 4.000 posti auto.
Lo sviluppo completo include collegamenti tramite ponti veicolari al complesso parcheggi centrale esistente, un nuovo ponte pedonale verso i terminal e modifiche alle strade di arrivo e partenza. Il progetto integrer脿 elementi sostenibili come pannelli solari fotovoltaici e punta alla certificazione Parksmart. I lavori inizieranno nel secondo trimestre del 2025 e si prevede il completamento entro il 2030.
Skanska (OTC:SKBSY) ha asegurado un contrato adicional de 250 millones de d贸lares con la Autoridad Portuaria de Massachusetts para mejoras en la Terminal E del Aeropuerto Logan de Boston. El proyecto incluye la construcci贸n de un nuevo estacionamiento de 67,400 metros cuadrados con aproximadamente 4,000 espacios para veh铆culos.
El desarrollo integral abarca conexiones de puentes vehiculares al complejo de estacionamiento central existente, un nuevo puente peatonal que conecta con las terminales y modificaciones en las v铆as de llegada y salida. El proyecto contar谩 con elementos sostenibles como paneles solares fotovoltaicos y busca la certificaci贸n Parksmart. La construcci贸n comenzar谩 en el segundo trimestre de 2025 y se espera que finalice en 2030.
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Skanska (OTC:SKBSY) a obtenu un contrat suppl茅mentaire de 250 millions de dollars avec la Massachusetts Port Authority pour des am茅liorations au terminal E de l'a茅roport Logan de Boston. Le projet comprend la construction d'un nouveau parking de 67 400 m猫tres carr茅s avec environ 4 000 places de stationnement.
Le d茅veloppement complet inclut des ponts routiers reliant le parking central existant, un nouveau pont pi茅ton vers les terminaux, ainsi que des modifications des voies d'arriv茅e et de d茅part. Le projet int茅grera des 茅l茅ments durables tels que des panneaux solaires photovolta茂ques et vise la certification Parksmart. La construction d茅butera au deuxi猫me trimestre 2025 pour une livraison pr茅vue en 2030.
Skanska (OTC:SKBSY) hat einen zus盲tzlichen Vertrag 眉ber 250 Millionen US-Dollar mit der Massachusetts Port Authority f眉r Verbesserungen am Terminal E des Logan Flughafens in Boston gesichert. Das Projekt umfasst den Bau einer neuen 67.400 Quadratmeter gro脽en Parkgarage mit etwa 4.000 Parkpl盲tzen.
Die umfassende Entwicklung beinhaltet Fahrzeugbr眉ckenverbindungen zum bestehenden zentralen Parkkomplex, eine neue Fu脽g盲ngerbr眉cke zu den Terminals sowie 脛nderungen an Ankunfts- und Abfahrtsstra脽en. Das Projekt wird nachhaltige Elemente wie Solarpaneele enthalten und strebt eine Parksmart-Zertifizierung an. Der Baubeginn ist im zweiten Quartal 2025 geplant, die Fertigstellung f眉r 2030.
- Secured significant contract worth USD 250M, strengthening order bookings for Q2 2025
- Large-scale project adding 4,000 parking spaces demonstrates strong market position in infrastructure development
- Integration of sustainable features (solar panels) and pursuit of Parksmart certification enhances environmental credentials
- Long-term revenue visibility with project extending to 2030
- Extended project timeline (5 years) may expose to potential cost overruns and construction risks
- Long construction period could impact regular airport operations and face logistical challenges
As part of Massport's TERC Program, this project will include the construction of a greater than 67,400 square meter (725,000 sq. feet) new Terminal E Parking Garage in the existing location. The multi-story structure will feature approximately 4,000 parking spaces, including spaces for ground transportation on the lower level.
The Program also includes the construction of a vehicular bridge connection to the existing central parking complex, as well as a new pedestrian bridge connecting the garage to the terminals. In addition, modifications will be made to Arrival and Departures level roadways to accommodate access to the garage.
Solar PV panels will be installed to offset electricity consumption, and the project will seek a Parksmart certification issued by the Green Building Certification Institute.
Work will begin in the second quarter of 2025 and the garage is anticipated to be completed in 2030.
For further information please contact:
Chris Mckniff, Communications Director, Skanska
Andreas Joons, Press Officer, Skanska Group, tel +46 (0)10 449 04 94
Direct line for media, tel +46 (0)10 448 88 99
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