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Sweden-based Skanska signed a $1.26 billion contract with Empire State Development Corp. (ESD) and developers Related Companies and Vornado Realty Trust to rehabilitate and enhance the James A. Farley Post Office Building in New York City.
The renovated Farley Building will include the new, 24,000-square-meter (255,000-square-foot) Moynihan Train Hall, a conversion of an original, century-old U.S. Postal Service mail sorting room.
In 2015 Skanska was announced as part of the engineering and construction team for the $4 billion renovation and upgrade at New York's LaGuardia Airport.
The Train Hall will feature a new glass canopy roof, as well as elevator and escalator access to platforms serving the Long Island Rail Road and Amtrak. The rail project is expected to improve access for Pennsylvania (Penn) Station’s 650,000 estimated daily rail riders.
The overall Farley Building renovation includes 120,000 gross square meters (1.3M square feet) of transit, retail and commercial office space and covers all new structural, architectural, mechanical, electrical and plumbing improvements, demolition of existing structural and architectural elements, and asbestos and lead abatement. Historic restoration of the entire exterior of the building and the adjacent Annex Building is included.
The project is the second phase of Skanska’s work for ESD and the State of New York to unite the Farley Building with the adjacent Penn Station and create Penn-Farley. In June 2017, Skanska completed the first phase in efforts to create a unified Penn-Farley complex, an expansion and renovation of Pennsylvania Station’s West End Concourse, which runs from 33rd Street to 31st Street under Manhattan’s 8th Avenue.
Skanska is one of the leading development and construction companies in the U.S.
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