Skanska Bags $53 Million US City Hall Construction Contract

03:08 AM EST, 12/19/2025 (MT Newswires) -- Skanska (SKA-B.ST) secured a contract worth $53 million from the city of Franklin for the development of a three‑story city hall building in Tennessee, US. In addition to the development, the construction company will upgrade its utility, parking, and commercial shell spaces, according to a Friday release. Work on the site started in May 2025, with completion anticipated in July 2027.