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Skanska Wins Design/Build Contract for New Jets Stadium


Drawing of the new Jets/Giants NFL Football Stadium project in New Jersey.

American units of Skanska AB have been awarded the design/build contract for the new $1.4 billion Jets/Giants NFL Football Stadium project in New Jersey. The Skanska contract is valued at $998 million and is with the New Meadowlands Football Stadium LLC.

"We are pleased to have Skanska as our contractor for the design and build portion of this project," said Jets CEO and Chairman Mr. Woody Johnson. "They are up to the challenge and will help us reach our objective of delivering a truly extraordinary facility for our fans, one that will set new standards for the NFL and indeed for stadiums around the world."

The new Green & White home will be a technologically advanced open-air stadium with seats for 82,000 spectators, including 217 Luxury Suite boxes. The stadium project comprises 175,000 square meters and will be part of the Meadowlands Sports Complex in East Rutherford, New Jersey.

Preparatory work has already commenced and construction will be completed for the opening of the 2010 football season. The exterior design for the stadium is expected to be completed by early spring, with groundbreaking slated for later in the spring or early summer.

The new stadium will be the first facility built specifically to accommodate two NFL teams. The stadium will also be used for concerts and other entertainment and sports activities.

In the U.S., Skanska has constructed several major stadiums in recent years, such as Reliant Stadium in Houston, Texas, and the Gillette Stadium in Boston, Massachusetts. At present, Skanska is also participating in building of the new Yankee Stadium in New York.

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