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Tue June 15 2021

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Skanska to build $132m US tower

8 Aug 13 Skanska USA Building is to build the US$132m (£85.7m) first phase of a Boston office scheme being developed for the renatal market by its parent company.

Skanska is investing US$265m in the office building in the Seaport District in Boston, USA. The land purchase of US$38m was made in December 2012 for the development, which will have a total leasable space of about 41,000m2. Skanska USA Building will carry out the first phase of the project at a contract value of US$132m.

The project is a 17-storey office and commercial building with ground floor retail. It will target a minimum of LEED Gold certification. PricewaterhouseCoopers will occupy approximately 75% of the building at completion.

The project is expected to be completed in the fourth quarter 2015.

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