Skanska has signed a contract to construct a data center in Virginia, United States, valued at USD 94 million. The deal was struck with an existing client, and the contract value will be recorded in Skanska's U.S. order bookings for the second quarter of 2026.

Project Scope and Campus Context

The project involves the construction of a 19,500 square-meter facility, or roughly 210,000 square feet, that will house four data halls along with associated site work and underground site utilities.

The building will be the second structure erected on the campus, indicating an ongoing and expanding development relationship between Skanska and the unnamed client.

The contract was announced on July 3, 2026, from Stockholm, where Skanska's parent company is headquartered.

While the precise location within Virginia was not disclosed, the state has long been one of the most active data center markets in the United States, driven by its proximity to major internet exchange points and robust power infrastructure.

Construction Timeline

Work on the project is scheduled to begin in October 2026, with completion expected in May 2028. That timeline represents a construction period of approximately 19 months.

The scope of underground site utilities and the scale of the four-hall configuration suggest a technically complex build that demands substantial coordination across civil, mechanical, and electrical disciplines.

Financial and Booking Details

The USD 94 million contract value will be included in Skanska's U.S. order bookings for the second quarter of 2026.

Skanska did not disclose the identity of the client, describing them only as an existing client, which suggests a prior working relationship on other construction projects.

Skanska's Continued Activity in the U.S.

Market

The Virginia data center contract is one of several significant project announcements Skanska has made in recent months.

The company also recently signed a contract with Amtrak to rehabilitate the Dock Bridge in Newark, New Jersey, valued at USD 87 million.

In addition, Skanska divested the second building of its office project Studio in Warsaw, Poland, to buyer Stena Real Estate. Recently, Skanska secured a USD 255 million supplemental contract to build a data center in Georgia

These transactions reflect the company's active deal flow across both its construction and commercial development operations.