Press release (regulatory)

Skanska builds 40-story residential tower in Seattle, USA, worth USD 152M, about SEK 1.4 billion

Skanska has signed a contract with Burrard Development to build a high rise residential condominium tower in Seattle, USA. The contract is worth USD 152M, about SEK 1.4 billion, which will be included in the US order bookings for the first quarter of 2017.

170403 US 1200 Howell Weber Thompson

The 40-story, about 122 meters tall high rise called NEXUS will be an instantly recognizable feature of the Seattle skyline: a series of cubes offset by 8-degrees, creating dynamic transition floors with unique amenities and residential terraces. In addition to the 382 condominium units, the 55,000 square meter building will include ground-level retail and seven stories of underground parking.

The building will also feature a fitness center, media facility and outdoor patio in addition to a rooftop-level exhibition kitchen, private dining area, sky-bar, recreation room, view terrace with open air kitchen and fireside lounge.

Construction is under way with completion scheduled for mid-2019.

Skanska is one of the leading development and construction companies in USA, specialized in building construction, civil infrastructure and developing commercial properties in select U.S. markets. Skanska also offers services in public-private partnerships. Skanska USA had sales of SEK 59 billion in 2016 and had about 9,300 employees in its operations.

For further information please contact:

Jay Weisberger, Communications, Skanska USA, tel: +1 206 494 5469

Andreas Joons, Press Officer, Skanska AB, tel +46 (0)010 449 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

Media Relations contacts

Are you a journalist looking for information about Skanska or have questions about our operations? Our Media Relations team can help with press inquiries, interviews, background information and access to relevant resources.

A man in a dark suit and white shirt stands against a plain white background.

Jacob Birkeland

Head of Media Relations & Public Affairs

Bald man wearing a black shirt and blazer against a white background.

Andreas Joons

Media Relations Manager

Olof Rundgren

Olof Rundgren

Media Relations Manager

A man in a dark suit and white shirt stands against a plain white background.

Jacob Birkeland

Head of Media Relations & Public Affairs

Bald man wearing a black shirt and blazer against a white background.

Andreas Joons

Media Relations Manager

Olof Rundgren

Olof Rundgren

Media Relations Manager