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| Skanska to construct tower building in Jacksonville, Florida Swedish builder Skanska has been contracted to build a 38-story condominium tower in Jacksonville, Florida. The contract amounts to USD 50 M. The customer is the Arch Insurance Company jointly with the XL Insurance Company. The contract involves the second phase of The Peninsula luxury condominium at St. John's Center. The housing project includes 234 apartments fronting on the south bank of the St. John's River. Residential construction accounts for approximately three percent of the sales of Skanska USA Building. write your comments about the article :: © 2007 Construction News :: home page |