Swedish construction giant Skanska has won a construction contract worth Skr1bn ($116.4m) and an order for new premises worth Skr500m ($58.2m) for the Linnaeus University in Kalmar, Sweden.
The developer has signed a ten year lease with the university, which resulted in the Skr1bn contract, it said.
Under the contract, three new buildings will be set up in the eastern part of the campus covering a 43,000m² area.
Plans also include construction of an underground garage, Skanska commented.
Of the three buildings, one will house the university library, while the other two will include classrooms, offices and laboratory rooms.
The second order includes refurbishment and extension works for three houses in the western part of the campus.
The existing buildings rise up to six stories, have an approximate area of 22,000m² and will primarily house lecture halls, auditoriums and offices.
Skanska will start works for the university from next month. While the revamp works at the western part are expected to be completed by mid 2019, the construction of eastern part is likely to last until mid 2020.
Linnaeus University wants refurbishment, extension and new developments to be environmentally certified in accordance with LEED.
Skanska has signed a contract with Magnolia Bostad only last month for four building developments in Helsingborg, Sweden.
The contract is worth Skr350m ($40.7m) and will involve the construction of 327 rental apartments in the country.
Image: Three new buildings at Linnaeus University campus in Kalmar will cover 43,000m² area. Photo: courtesy of Skanska.