Skanska builds Signia by Hilton hotel in Atlanta, USA, for USD 271M, about SEK 2.3 billion
21 April 2021Skanska has signed a contract with Georgia World Congress Center Authority to build the first new construction Signia by Hilton hotel in Atlanta, Georgia, USA. The total contract value is USD 308M for the Skanska-led joint venture along with SG Contracting, Inc. Skanska will include its 88 percent share worth USD 271M, about SEK 2.3 billion, in the US order bookings for the second quarter of 2021.
Signia by Hilton is a new upscale brand from Hilton Worldwide Holdings Inc. (NYSE: HLT). The 40-story, 114,000-square-meter hotel will be built to achieve LEED Gold certification and feature 975 guest rooms and 7,000 square meters of meeting and event space. The hotel will also include parking facilities, spa and fitness facilities, a 620-square-meter pool deck, outdoor event space, market and two restaurants.
Construction begins April 2021, and completion is scheduled for early 2024.
Related
-
Skanska wins three US contracts worth $436m
15 May 2024
-
Soudah seeks contractors for mountain resort
14 May 2024
-
CRBC Wins US$132 Million Senegal Road Contract
14 May 2024
-
Wartsila Inks Service Contract For Nigeria Cement Project
13 May 2024
-
Ethiopia Extends PPA For Corbetti Geothermal Project
11 May 2024
-
Tender issued for US$275 million Hospital PPP project in Peru
10 May 2024