Skanska builds Signia by Hilton hotel in Atlanta, USA, for USD 271M, about SEK 2.3 billion
21 April 2021
Skanska 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
-
Algeria awards $500mln steel deal to Chinese firm
6 June 2025
-
Comfily Hong Kong to establish $20mln integrated industrial complex in Egypt
6 June 2025
-
Hassan Allam-Metito JV awarded Alexandria West WWTP expansion in Egypt
5 June 2025
-
Leighton Asia to build 10 residential towers south of New Delhi
5 June 2025
-
Alstom to modernise Sao Paulo’s signalling system
4 June 2025
-
EDF and KOWEPO ink deal for 1.5 GW Al Zarraf Solar PV Project in Abu Dhabi
3 June 2025