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Skanska AB has secured a contract to build a new high school in Issaquah, Washington, with a project value of around USD 99 million (approximately SEK 900 million). The development reflects continued investment in educational infrastructure in the United States, particularly in growing suburban regions. Skanska has been actively expanding its footprint in the U.S. construction market, with several recent projects across public infrastructure and institutional segments. The latest contract adds to its portfolio of education-focused developments in North America.
Skanska AB has secured a contract to construct a new high school in Issaquah, located in Washington, United States. The total project value stands at approximately USD 99 million, which is equivalent to around SEK 900 million. Advertisement
The company stated that the contract involves building a modern educational facility designed to support the needs of a growing student population in the region. Issaquah, a suburban city near Seattle, has seen steady residential growth over the past few years, leading to increased demand for school infrastructure.
Skanska has been consistently active in the U.S. market, particularly in public infrastructure and institutional construction. The company has previously delivered multiple school and university projects across different states, focusing on sustainable and efficient building practices. This new contract further strengthens its presence in the education segment.
The development aligns with broader trends in the U.S. real estate and construction sector, where investments in community infrastructure such as schools are rising alongside population growth in suburban areas. Such projects also tend to support local real estate markets by improving social infrastructure and increasing the appeal of residential neighborhoods.
Source Reuters
5th Jun, 2025
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