The City of Charleston in South Carolina has awarded a $110 million contract to a joint venture between Skanska and Trident Construction to provide new construction and renovation services at the Gaillard Municipal Auditorium.
Skanska accounts for a 70% share in the contract, translating into roughly $77 million, which will be added to order bookings of Skanska USA Building for Q3 of fiscal year 2012. The Gaillard Center project includes a multi-purpose auditorium featuring 1,800 seats, a exhibit hall spanning 3,600 m2 and a new three-floor municipal office building measuring 7,500 m2 for city employees. The Mayor of the City of Charleston informed that this development will be the largest construction project as per the records.
The project will be commenced in August 2012 and is scheduled to be completed in December 2014. It will be designed for LEED Silver certification. Skanska USA, based in New York, is a major development and construction company in the nation. The company comprises four business units, namely Skanska USA Building, Skanska USA Civil, Skanska Infrastructure Development, and Skanska Commercial Development.
Skanska USA Building is a specialist in building construction and Skanska USA Civil is a specialist in civil infrastructure, while Skanska Infrastructure Development focuses on public-private partnerships and Skanska Commercial Development concentrates on commercial projects in select US markets.