Sweden-based Skanska (STO:SKAB) has won 80 percent ($434 million) of a total $542 million (SEK 3.1 billion) construction contract to build the new Port Authority Trans-Hudson station at the new World Trade Center site in New York City.
Granite Construction Inc. of Watsonville, CA, Skanska's joint venture partner, will receive 20 percent. Work on the project began in late March and is scheduled for completion in May 2014.
Skanska's U.S. divisions, Skanska USA Civil and Skanska USA Building, represent the parent company. Skanska USA Civil is receiving 50% of the total contract; Skanska USA Building, 30 percent.
The customer is the Port Authority of New York and New Jersey.
"The construction of the new PATH station will play a significant role in the rebuilding of the World Trade Center site," says Michael McNally, executive vice president, Skanska AB and within the Senior Executive Team responsible for operations in the Americas.
"This exemplifies Skanska's ability to provide both heavy civil and building expertise to deliver one of the most comprehensive transit hubs in one of the busiest cities in the world."
PATH is the Port Authority's commuter rail system, which connects New Jersey to downtown Manhattan. The joint-venture partnership is responsible for placement of all cast-in-place concrete to construct the new station platforms 36 feet below and immediately west of New York City Transit's (NYCT) No. 1 Subway Line structural box.
Structural steel and precast concrete work was awarded under a separate contract to a different contractor.
The concrete roof also will form the plaza to the east of the new WTC Memorial. The mezzanine of the new station will connect to the future transit hall to the east, which will facilitate connections to NYCT trains.
In a prepared statement, McNally says the WTC station is the busiest in the PATH system.
Since work will take place around fully-operational PATH trains, a complex plan to sequence relocation and reconstruction of the existing platforms (A thru C) and tracks (1 thru 5) is required. A new fourth Platform D is being added to accommodate future service needs.
The contract includes completion of the east/west connector and West Street underpass, connecting the station to the World Financial Center.
All self-performed civil work for this contract will be executed in conjunction with Granite Construction. Skanska will complete all mechanical/electrical/plumbing (M/E/P) work and architectural finishes.
McNally says Skanska USA is one of the leading development and construction companies in the country, consisting of four business units: Skanska USA Building, which specializes in building construction; Skanska USA Civil, specialized in civil infrastructure; Skanska Infrastructure Development, which develops public-private partnerships; and Skanska Commercial Development, which develops commercial development projects in select U.S. markets.
Headquartered in New York, Skanska USA has about 7,000 employees. Its 2009 revenues were SEK 44 billion (US $6.1 billion).
