Skanska signs $240M supplemental contract for Virginia Tech engineering facility

Skanska announced on Tuesday it has signed a supplemental contract with Virginia Tech, valued at USD 240 million (approximately SEK 2.5 billion), to construct a new College of Engineering building.

The construction group stated this contract value will be included in its U.S. order bookings for the second quarter of 2025.

The project centers on the development of Mitchell Hall, a new five-story engineering facility that will cover approximately 28,500 square meters, making it one of the largest buildings on Virginia Tech's Blacksburg campus, the company said.

This new building is designed to house five academic departments: aerospace and ocean engineering, chemical engineering, mechanical engineering, computer science, and engineering education.

Initial construction activities began in spring 2024 with the demolition of the 15,400 square meter Randolph Hall, Skanska reported.

The current scope also includes renovating a portion of the existing Hancock Hall to ensure seamless integration with the new Mitchell Hall.

Furthermore, the company detailed that the project involves constructing facilities around one of the nation's largest university-owned wind tunnels and establishing advanced classrooms, instructional laboratories, research laboratories, and collaborative spaces.

The entire engineering facility is targeted for completion by fall 2028, according to Skanska.