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Seattle & Northwest  + Portland  + Healthcare  | 
Skanska Expands Portland Hospital Project in $111M Deal

Skanska Expands Portland Hospital Project in $111M Deal

Development firm Skanska USA has signed a contract amendment with Oregon Health & Science University for its Hospital Expansion Project in Portland, OR. The contract amendment is worth $111 million which will be included in the US order bookings for the first quarter of 2023.

The newly amended portion of the contract includes patient floors, parking, mechanical and electrical space to support hospital functions, three pedestrian sky bridges to connect the new tower to the existing buildings, roadway improvements and a new multi modal hub bus stop.

Construction of the 538,000-square-foot, 14-story OHSU Hospital began in 2022 and will see the addition of 152 inpatient medical and surgical beds and boost the hospital capacity by almost one-third. The project will also increase the amount of operating rooms from 25 to 31. The entire development is scheduled for completion in 2026.

Image courtesy of OHSU

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About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

  • ◦Development
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