Dive Brief:
- Skanska USA announced Thursday it has won a $178 million contract to build the new Women and Children's Health Building for Christiana Care Health System in Newark, DE.
- The project includes replacing a neonatal intensive care unit as well as expanding outpatient units, a lab, a pharmacy and a four-level parking garage.
- Construction on the hospital is already underway, and Skanska USA expects to finish work in January 2020.
Dive Insight:
The Delaware hospital project marks the most recent major healthcare construction contract awarded to Skanska USA in the past few months. In June, the Lee Memorial Health System in Fort Myers, FL, selected a Skanska USA-led joint venture for the $200 million contract involving the overhaul of the Gulf Coast Medical Center. And in April, Saint Francis Hospital in Tulsa, OK, awarded Skanska a $62 million hospital renovation and addition contract.
Construction in the healthcare sector is expected to remain strong through the next year, as CMD Group's May forecast found that medical facility construction, along with the office and transportation project sectors, would propel nonresidential construction starts up 6.4% this year. And the American Institute of Architects' most recent Construction Consensus Forecast found healthcare will be one of the best performing markets in 2016 and 2017.
Despite its recent major hospital contracts, Skanska has garnered the most attention for kicking off construction in June on the new $4 billion terminal at LaGuardia Airport in New York City, a deal the company called its biggest project to date. Through a public-private partnership with the Port Authority of New York and New Jersey, the Skanska-led joint venture, LaGuardia Gateway Partners, will build the 1.3 million-square foot, 35-gate Terminal B and deliver the new facility by 2021.
