{"id":1004099352,"date":"2014-06-25T13:57:27","date_gmt":"2014-06-25T21:57:27","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=272399"},"modified":"2025-02-19T03:38:34","modified_gmt":"2025-02-19T11:38:34","slug":"skanska-signs-on-to-100m-lsu-college-of-engineering-renovation-and-expansion","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/skanska-signs-on-to-100m-lsu-college-of-engineering-renovation-and-expansion\/","title":{"rendered":"Skanska Signs On to $100M LSU College of Engineering Renovation and Expansion"},"content":{"rendered":"

By Eliza Theiss, Associate Editor<\/em><\/p>\n

\"\"<\/a>Skanska has announced that Skanska USA Building has signed a contract to renovate and expand Patrick F. Taylor Hall on the Louisiana State University (LSU) main campus in Baton Rouge.<\/p>\n

Skanska will head the project as part of a joint venture with MAPP Construction. It holds a 70 percent share of the contract at a value of $54 million (SEK 350 million). The company will include the contract in the 2014 Q2 order bookings.<\/p>\n

Expansion work on the 301, 390-square-foot facility is expected to start in November 2014 and will add 129,166 square feet of classroom, lab and office space as well as a new auditorium. Renovation work is expected to kick off in January 2015 and will entail reconfiguring and updating existing space in the three-story building. The project is expected to complete in June 2017.<\/p>\n

The 1977-built educational facility is home to LSU\u2019s College of Engineering. As previously reported<\/em><\/a>, the expansion of Patrick F. Taylor Hall will also house a brand new chemical engineering facility, which is expected to be completed by June 2016, while the renovation work will finish in October 2017. Global architecture and design firm Perkins + Will and Baton Rouge-based Coleman Partners Architects LLC are handling design and architecture on the project.<\/p>\n

Financing for the $100 million public-private partnership project is covered through $50 million in state capital outlay funding, while an additional $50 million had to be raised by LSU through private donations. As of mid-February 2014, LSU had raised $52.5 million or 5 percent above its targeted funding goal from individual and corporate donors, reported Commercial Property Executive<\/a>.<\/em><\/p>\n

Image courtesy of LSU College of Engineering<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Leading development and construction company Skanska has announced that Skanska USA Building has signed a contract to renovate and expand Patrick F. Taylor Hall on the Louisiana State University (LSU) main campus in Baton Rouge.<\/p>\n","protected":false},"author":49,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742],"tags":[1815],"class_list":["post-1004099352","post","type-post","status-publish","format-standard","hentry","category-latest","tag-national"],"acf":[],"yoast_head":"\nSkanska Signs On to $100M LSU College of Engineering Renovation and Expansion - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/skanska-signs-on-to-100m-lsu-college-of-engineering-renovation-and-expansion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Skanska Signs On to $100M LSU College of Engineering Renovation and Expansion\" \/>\n<meta property=\"og:description\" content=\"Leading development and construction company Skanska has announced that Skanska USA Building has signed a contract to renovate and expand Patrick F. 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