News: Construction Design & Engineering

Skanska awarded contract for future 86th Street station

Skanska has signed a contract to build the Second Avenue Subway line's 86th Street station structure in New York. The project is a joint-venture between Skanska and Traylor Bros Inc., with a 70% share awarded to Skanska. The contract value for Skanska is $210 million, which will be included in order bookings for the third quarter. The customer is the Metropolitan Transportation Authority of the State of New York. The project includes drill and blast rock cavern excavation for the future 86th St. station on the Second Ave.subway line as well as installing the concrete structural lining. The job also involves extensive demolition work, support of excavation, utility work and the underpinning of existing buildings that are adjacent to the work site. "Skanska and the MTA have a long and successful history of working together to build, renovate and improve New York City's transit system," said Michael Viggiano, executive vice president, Skanska USA Civil Northeast. "We are excited to build yet another major project with our MTA partners, one with historical significance. New Yorkers will soon have subway service on the Upper East Side which will reduce overcrowding and delays on the Lexington Avenue line." Construction has begun, and the work is scheduled to be completed in the fall 2014.
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Columns and Thought Leadership
Premium experiences, proven returns: The New revenue playbook for sports venues - by Terry McIntyre

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