Skanska to expand traffic corridor in Del Mar, California, for USD 57M
Skanska has signed a contract with the City of San Diego for the El Camino Real Half Mile to Via De La Valle Project in Del Mar, California. The contract is worth USD 57 million.
Skanska has secured a contract with the City of San Diego to expand a traffic corridor in Del Mar, California. The project, known as the El Camino Real Half Mile to Via De La Valle Project, is valued at USD 57 million, approximately SEK 530 million.
The agreement focuses on enhancing and widening specific road segments within the designated area. The value of this contract will be included in Skanska's U.S. order bookings at a later date.
The initiative aims to improve traffic flow and capacity in the Del Mar region. Further details regarding the project's timeline or specific scope have not yet been disclosed.
Skanska is a global construction and development company with operations in the Nordic region, Europe, and the United States. The company has a history of undertaking various infrastructure projects across the U.S.