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News » US » Skanska lands $1.26bn NY transportation deal » published 19 Jun 2017

Skanska lands $1.26bn NY transportation deal

Skanska has signed a US$1.26bn design-build contract to convert a former post office building in New York City into a major transportation hub.

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The contract for Empire State Development Corporation (ESD), Related Companies and Vornado Realty Trust involves rehabilitation and enhancement of the historic James A Farley Post Office Building.

The renovated Farley Building will include the new, 255,000-square-foot Moynihan Train Hall, which will improve access for Pennsylvania (Penn) Station’s 650,000 estimated daily rail customers. The train hall involves the conversion of an original, century-old US Postal Service mail sorting room. It will feature a new glass canopy roof, as well as elevator and escalator access to all platforms for the Long Island Rail Road and Amtrak services.

The overall Farley Building renovation involves 1.3 million square feet of transit, retail and commercial office space. Skanska’s work covers all new structural, architectural, mechanical, electrical and plumbing improvements, demolition of existing structural and architectural elements, and asbestos and lead abatement. The project also includes restoration of the entire historic exterior of the building and the adjacent annex.

The project is the second phase of Skanska’s ongoing work for ESD and the State of New York to unite the Farley Building with the adjacent Penn Station and create the Penn-Farley rail transportation hub. In June 2017, Skanska completed the first major phase in efforts to create a unified Penn-Farley complex, an expansion and renovation of Pennsylvania Station’s West End Concourse – which runs from 33rd Street to 31st Street under Manhattan’s 8th Avenue.

“Skanska is grateful for the opportunity to deepen our history of partnership with the State of New York to modernize and expand our transportation infrastructure. We are also proud to partner with Related and Vornado, who have brought together their world-class development teams with our heavy civil and construction management expertise to meet this unique challenge,” said Skanska USA president and CEO Anders Danielsson.

Completion is targeted for December 2020.



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This article was published on 19 Jun 2017 (last updated on 22 Jun 2017).

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