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© 2026 Benzinga | All Rights Reserved
November 28, 2019 2:15 AM 2 min read

Skanska Builds New Center for the Arts in Beaverton, Oregon, USA, for USD 59 M About SEK 560 M

by PRNewswire
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ÖSTERSUND, Sweden, Nov. 28, 2019 /PRNewswire/ -- Skanska has signed a contract with the City of Beaverton to build a new multidisciplinary arts center and adjoining garage in Beaverton, Oregon, USA. The contract is worth USD 59 M, about SEK 560 M, which will be included in the US order bookings for the fourth quarter of 2019.

The Patricia Reser Center for the Arts (PRCA) project will include a multidisciplinary arts center, featuring a 550-seat theatre, a large lobby for receptions and events, classrooms and workshops for arts & dance, meeting and conference space, an art gallery, and a café. The 14,400-square-meter Creekside Garage will include 353 parking stalls and ground level retail space.

Construction began in November 2019 and is scheduled for completion in July 2021.

Skanska is one of the leading construction and development companies in USA, specializing in building construction, civil infrastructure and developing commercial properties in select U.S. markets. Skanska USA had sales of SEK 67 billion and about 9,000 employees in its operations in 2018.

For further information please contact:

Terri-Ann Betancourt, Director of Communications, Skanska USA, tel + 1-206-494-5440
Andreas Joons, Press Officer, Skanska AB, tel +46(0)10-449-04-94
Direct line for media, tel +46(0)10-448-88-99

This and previous releases can also be found at www.skanska.com.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skanska/r/skanska-builds-new-center-for-the-arts-in-beaverton--oregon--usa--for-usd-59-m-about-sek-560-m,c2974501

The following files are available for download:

SOURCE Skanska

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© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Posted In:
Small CapPress Releasesart
SKBSY Logo
SKBSYSkanska AB
Not Available-%
Overview
SKSBF Logo
SKSBFSkanska AB
$29.70-1.00%

https://mb.cision.com/Main/95/2974501/1151571.pdf

Press release 20191128 US arts center

https://news.cision.com/skanska/i/image-20191128-arts-center,c2721159

Image 20191128 Arts center

SKBSY Logo
SKBSYSkanska AB
Not Available-%
Overview
SKSBF Logo
SKSBFSkanska AB
$29.70-1.00%
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