Skanska Expands in Boston
There are a few US cities where Skanska—among the world’s largest real estate ventures—has multiple offices. Now Boston is one of them. The Swedish company just announced that it opened an outpost in the Alewife section of Cambridge at 125 Cambridgepark Dr, says regional manager Paul Pedini. Skanska is particularly busy in Boston, where it has an office at the Seaport. But some of its large, new projects are infrastructure work elsewhere, ike Cambridge, Medford, and Quincy. Commercial real estate projects are popping all over The Hub, and infrastructure projects usually follow commercial ones, says Skanska's Beth Miller.
Among its projects: replacing the Fore River Bridge, building the extension of the Green Line from Lechmere to College Avenue in Medford, and building the $255M historic renovation, restoration, and modernization of the Longfellow Bridge over the Charles River. (They're the only people who can say, "Believe that and we've got a bridge to sell you," and not be sarcastic.) The 106-year-old span is one of few US historic infrastructure assets being overhauled, and it hasn’t had major repairs since the 1950s. The construction—a JV between JF White, Skanska, and Consigli—will allow the Longfellow to qualify as a national historic landmark. But finding skilled artisans to replicate historic features has meant recruiting across the country; they found a riveter in Washington state, Paul says.