See how we develop sustainably
125+ sustainable projects globally
in the past 10 years across 11 markets.
We've delivered
Tenants in our buildings
Where we develop in the U.S.
Washington, D.C.
Boston, MA
Seattle, WA
Houston, TX
In the U.S., Skanska focuses on Class-A office, multi-family, and life science developments that are transit-oriented. With this platform, we are able to create compelling environments that enable our tenants and residents to thrive. We work with designers that understand our vision and commitment to developing properties that connect to the community and focus on the end user. We leverage our experience to create emerging sustainable design solutions that enhance the tenant experience and support the environment.
Confidence of delivery
How we work
*As of 12/31/2022
Local Development Experts
World-Class Construction
7.8+ million SF
of co-created sustainable space with local communities in the U.S.
40 million SF
of sustainable space delivered across 11 countries
Self-finance
$21.2 billion
$10.2 billion
of equity in development projects globally, of which
was for commercial development projects.
In the last 10 years, we have invested over
135+ years
of global experience with innovative and award-winning projects
As a developer in the U.S., Skanska has invested $4.6 billion* of equity in ground-up commercial development projects and self-finances a majority of its projects. Committed to sustainable & healthy building design, construction, and operations, globally, Skanska has set an ambitious target to achieve net-zero carbon emissions in our own operations and across our value chain by 2045, with a 70% reduction target by 2030. Since its inception, Skanska has developed speculative offices that became homes for such clients as Dropbox, Qualtrics, Mullen Lowe, Bank of America, Brooks Sports, Price Waterhouse Coopers (PwC) FanDuel, and Tommy Bahama.
*As of 12/31/2023
7.8+ million
square feet of sustainable office, multi-family & lab
At Skanska, we leverage our experience to create sustainable design solutions that enhance the tenant experience, support the environment, and lay the foundation for our customers' growth. Established in the U.S. in 2009, Skanska USA Commercial Development has created more than 7.8 million-square feet of sustainable office, multi-family and lab properties in Boston, Houston, Seattle, Washington, D.C. and Los Angeles.
Read more about us
2+U, Seattle, WA
The Harlo, Boston, MA
Two Drydock, Boston, MA
99M, Washington, D.C.
Bank of America Tower Understory, Houston, TX
400 Fairview, Seattle, WA
121 Seaport, Boston, MA
Bank of America Tower, Houston, TX
Skanska USA Commercial Development
Our integrated business model is the heart of the Skanska competitive advantage. Skanska offers total control of the development process:
World-class Construction
7.8+ million square feet of sustainable office & multi-family developed.
square feet of sustainable office & multi-family
2112 Penn, Washington, D.C.
Our Projects
Our Markets
Sustainability & Innovation
About Us
Washington, D.C. Boston Houston Seattle
Office Multi-family
733 10th and G
Location:
Type:
Size:
Delivery:
Office
171,171 SF
2011
Certifications:
LEED Gold
Visit project website
150 Second Street
Life science & office
128,000 SF
2012
1776 Wilson Blvd.
108,892 SF, 25,958 SF retail
LEED Platinum
3009 Post Oak
302,000 SF, 10,000 SF retail
2013
Stone34
130,000 SF, 14,000 SF retail
2014
LEED Platinum, City of Seattle’s Deep Green Pilot Program
Alley111
Bellevue, WA
Multi-family
260 units, 8,000 SF retail
2015
LEED Silver
400 Fairview
341,000 SF, 18,000 SF retail
101 Seaport
440,000 SF, 20,000 SF retail
West Memorial Place I & II
Building 1: 331,000 SF, 2,100 SF retail Building 2: 385,000 SF, 3,141 SF retail
2016 & 2017
Watermark Seaport
346 units, 25,000 SF retail
The Harlo
212 units, 7,100 SF retail
2017
121 Seaport
400,000 SF, 58,000 SF retail
2018
99M
220,000 SF, 10,000 SF retail
2112 Penn
230,000 SF, 10,000 SF retail
WiredScore, WELL Health & Safety, LEED Gold, Fitwel
Currently leasing
Bank of America Tower
780,000 SF, 35,000 SF retail
2019
RESA
326 units, 7,500 SF retail
2+U
686,000 SF, 24,000 SF retail
WiredScore Gold, LEED Platinum, WELL Health & Safety
Two Drydock
227,000 SF, 7,000 SF retail
2020
WiredScore, LEED Gold, Fitwel
9000 Wilshire
Beverly Hills, CA
50,267 SF
2023
WiredScore Platinum, LEED Platinum, Fitwel
17xM
Est. Delivery:
330,000 SF, 13,500 SF retail
2024
WiredScore, SmartScore, LEED Gold, Fitwel
1550 on the Green
380,000 SF, 7,100 SF retail
WELL, WiredScore Platinum, LEED Platinum, Fitwel, Energy Star
3901 Fairfax Drive
Arlington, VA
191,000 SF, 10,000 SF retail
LEED Gold, WELL Precertified
Heming
Tysons, VA
410 units, 38,000 SF retail
WiredScore Platinum, LEED Gold, Fitwel
The Eight
541,000 SF, 11,000 SF retail
WiredScore, SmartScore, LEED Platinum, Fitwel, Salmon-Safe
OZMA
275 units, 7,700 SF retail
Kaye
324 units
2025
WiredScore Gold, LEED Gold, Salmon-Safe
380 Stuart
642,000 SF, 10,000 SF retail
2026
WiredScore, LEED Platinum, Fitwel
We've delivered 25 projects across five U.S. markets since 2009.
50,148 SF
WiredScore Platinum, LEED Platinum
334,000 SF, 13,500 SF retail
WELL, WiredScore Patinum, LEED Platinum, Fitwel, Energy Star
WELL Precertified, LEED Gold
275 units, 7,900 SF retail
Office Developments
Multi-family Developments
20+ years of sustainability reporting
We have many years of experience in reporting environmental, social and corporate governance issues. We share it with our clients as environmental, social and governance reports become a standard requirement in law and market rules. In the years 1997–2002, we published environmental impact reports. Since 2002, we have been reviewing progress in implementing sustainability efforts. This was initially a separate publication, but we have since started to include sustainability in our annual reports to reflect its strategic importance to our company.
Click to view reports
As to the “E”, Skanska's commitment to sustainability starts with our commitment to build for a better society – we understand that what we do and how we do it contributes to a sustainable future for our people, customers, and communities. Our actions:
Design and develop with environmentally friendly climate-smart solutions Acceleration of green transformation – partnerships Targeting LEED, WELL certifications Shift toward using nature biodiversity, wood materials Awareness campaigns, climate campaign, green education CO2 reduction – implementation of low-carbon solutions on all commercial development projects
Awareness campaigns – Safety Week, Diversity & Inclusion Responding with help when unexpected needs arise Certifications and Tools – LEED, Fitwel, Autocase Gender-balanced staff, reduction of gender pay gap, promotion of female talents Employee Resource Groups Place of Pride and Body & Mind Network Placemaking participatory design
We apply a diverse lens in the design, construction, and operations management of our buildings with the health, safety, and well-being of construction crews, occupants, and the community at the forefront. Make long-term, value-based investments and collaborations alongside the communities where we operate, who we employ, industry partners and customers we serve to deliver projects with lasting positive social impacts. We foster an inclusive workplace culture of health, safety, and employee well-being by administering various D&I solutions to engage a diverse array of employee experiences and unique needs of our workforce.
Skanska's governance model is unified across all Skanska Business Units An internal code of ethics that all employees are bound by A supplier code of conduct to ensure consistency and accountability Evaluate and mitigate risks related to human rights, ethics and environment in the supply chain of our projects
As to the “S”, we focus on the emotional and social well-being of our people and the customers and clients we serve. We make long-term, value-based investments to deliver projects with lasting positive social impacts. Our actions:
As to the “G”, Skanska has a robust governance framework that weaves these principles into all aspects of our day-to-day business -creating consistency, transparency, and accountability in how we operate. Our actions:
Environmental Approach
Social Approach
Governance Approach
Our commitment to Environmental, Social, and Governance (ESG)
A sustainable future for our people, customers and communities through strategic ESG actions.
People
Customers
Communities
To develop for the future, we pursue:
Carbon Neutral by 2045
Globally, Skanska has set a target to be carbon neutral by 2045 across all operations and value chains. Currently, we are on track to achieve 70% reduction by 2030.
The first LEED Platinum, new construction product in Beverly Hills. 9000 Wilshire Includes photovoltaic panels on the roof to produce building energy, operable windows, an on-site water cistern saving up to 73,766 gallons of water annually, electric vehicle charging stations and a 1,000 square foot living green wall. The building is WiredScore Platinum certified and pursuing Fitwel certification.
2+U is LEED Platinum with wifi access throughout, indoor/outdoor amenity spaces and 100% fresh outside air to all floors, destination dispatch elevators, HqO tenant app and car stackers for ample parking.
LEED Achievement
100% of projects achieve LEED Platinum or LEED Gold.
3901 Fairfax is a WELL-Precertified building with state-of-the-art fitness equipment, small group studio classes, spa inspired lockers and an air filtration system that can produce 47% more outside air.
3901 Fairfax
Efficient Building Design
30+ million kg CO2e avoided through energy efficiency and high-performance design.
1550 on the Green is a LEED Platinum, WELL Platinum, Fitwel and Energy Star certified building. It is the first Skanska project in Texas to utilize the EC3 tool to significantly reduce embodied carbon. Its bipolar ionization and air filtration systems will reduce airborne pathogens while providing up to 30% more fresh air than typical class A office buildings.
WELL & Fitwel
Third-party certification measuring design solutions that improve the health and wellness of building occupants, promoting higher productivity. New CDUS projects carry A WELL, Fitwel or both certifications.
The Eight has utilized the EC3 tool for a 35% reduction in embodied carbon. The building is currently WiredScore Platinum certified and pursuing LEED Platinum and SmartScore. Designed with operable walls, The Eight offers a unique indoor/outdoor experience with 100% fresh outside air on every floor. The project also features a standalone, mass-timber retail space.
121 Seaport is a LEED Platinum certified building with highly efficient chilled beam system, premium curtain wall with low solar heat gain coefficient glass, an elliptical design to reduce lateral wind loads and solar exposure, and an active rainwater reclamation system to filter and reuse the sustainable water supply, lowering building water bills.
Bank of America Tower is the first LEED V4 platinum building in Houston. The building was designed to decrease energy usage by 32%; utilizes a district cooling system to efficiently and effectively cool the building; provides a daylight dimming control that reduces electricity demand and thermal load; and regenerative elevators that offset energy use.
Embodied Carbon Reduction
Since 2020, Skanska Commercial Development has used the EC3 tool to drive embodied carbon reductions through material procurement process.
2112 Penn is a LEED Gold, WiredScore Gold, Fitwel certified, WELL Health + Safety Rated building. The building includes advanced air filtration, reduced contact for high traffic touch points and enhanced cleaning protocols to combat the spread of COVID-19.
Sustainability & innovation on our projects
See how we're achieving our goals
Sustainable, resilient, and innovative buildings
Act fairly and ethically
People-focused approach and design
Embrace diversity and create inclusive environments
Operate with care
Ensure people's health, safety and wellbeing
At Skanska, we shape sustainable places to support healthy living beyond our lifetime.
We implement climate-smart solutions at each stage of the project lifecycle. We create multi-family and office spaces that support the health and safety of users and visitors and contribute to the development of local communities and support their needs. Globally, Skanska has set an ambitious target to achieve net-zero carbon emissions in our own operations and across our value chain by 2045, with a 70% reduction target by 2030. In everything we do, we apply the highest ethical standards and require the same from our employees, subcontractors and suppliers. By taking these actions, we’re working towards achieving our own sustainability aspirations and helping our customers meet theirs.
9000 Wilshire, Beverly Hills, CA
As to the “E”, Skanska's commitment to sustainability starts with our commitment to build for a better society – we understand that what we do and how we do it contributes to a sustainable future for our people, customers, and communities.
As to the “S”, we focus on the emotional and social well-being of our people and the customers and clients we serve. We make long-term, value-based investments to deliver projects with lasting positive social impacts.
As to the “G”, Skanska has a robust governance framework that weaves these principles into all aspects of our day-to-day business -creating consistency, transparency, and accountability in how we operate.
At Skanska, we make the places that move the world. Bridges, roads, hospitals, residences, schools—the infrastructure and buildings that society depends on in order to thrive. Our projects benefit from a deep well of expertise and resources, both at the local and global level. And whether we’re building an office or a particle accelerator, the question we ask from the beginning is, how can we enhance this community?
Global experience
LaGuardia Airport, Terminal B, New York, NY
Novartis Campus Expansion, Cambridge, MA
Nowy Targ, Wrocław, Poland
Fifth + Broadway, Nashville, TN
Generation Park, Warsaw, Poland
Moynihan Train Hall, New York, NY
Sthlm 01, Stockholm, Sweden
Residential Development
Investment Properties
Construction
Commercial Development
Learn more
Since 2009...
Skanska Commercial Developed has been thriving in the U.S. market.
Hover over the timeline to learn more
2008
2009
2010
2016
2021
2022
Developing in the U.S.
Skanska launches commercial development operations in the U.S. - starting in Washington, D.C.
CDUS is official
Skanska launches Commercial Development in the U.S. as an official business unit
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First project delivered
We deliver our first project in Washington, D.C. and was named Skanska's business unit of the year
First Boston project
We deliver our first project in Boston
First project in Houston
We deliver our first project in Houston
First project in Seattle
We deliver our first project in Seattle and are named Skanska's business unit of the year
First multi-family project
We deliver our first multi-family project in the U.S.
Developing Boston's Seaport
We deliver our second project in Boston's Seaport neighborhood and second multi-family project
Expanding Boston presence
We deliver our third multi-family project and second multi-family project in Boston
CDUS turns 10
We reach our 10-year mark developing office and multi-family in the U.S.
Largest global investment
We deliver the 2+U project in Seattle. Skanska's largest global investment at the time.
CDUS senior leadership team
Murphy McCullough
President and CEO
Mark Carroll
Executive Vice President Washington, D.C.
Russ DeMartino
Executive Vice President Boston, MA
Matt Damborsky
Executive Vice President Houston, TX
Dan Shay
Senior Vice President Human Resources
Christopher Westley
Senior Vice President Strategic Services
Executive Vice President Seattle, WA
Pablo Rabagliati
CFO
Jennifer Castrillon
Senior Vice President General Counsel
View this market
At Skanska, our values guide the way we operate and do business. We believe that by providing innovative solutions we can create a sustainable future for our people, customers and communities. This is reinforced by a continued commitment to Safety, Ethics, Green, Community Investment as well as Diversity and Inclusion.
Driven by our values
Care for Life – protecting people and the planet
The health and safety of people and our environment lies at the very heart of what we do. In situations that are physically or psychologically unsafe we refuse to be bystanders. We are changemakers and action takers. This applies to the environment and climate change too. We advocate for sustainable solutions and operate in this spirit, holding each other accountable for the legacy that we leave future generations.
01
Act ethically and transparently – being a role model
Each of us honors our individual responsibility to lead by example and to act with the highest degree of integrity and transparency. We encourage different perspectives, foster a space in which people can speak freely and live by our Code of Conduct. Short cuts are unacceptable.
02
Be better together – teaming up
Everything we do, we do better together. We listen and learn with curiosity to strive forward as a team, generously sharing knowledge along the way to successfully replicate best practices. We champion an inclusive culture of openness, fairness, trust and respect, where all people feel a sense of belonging – regardless of who you are or where you come from. We innovate and deliver the best solutions by leveraging our own diversity together with that of our customers, partners and the communities in which we operate.
03
Commit to customers – having a customer-first mindset
Our customers’ success is our success. We always listen closely to understand their needs and those of their customers, so that we can provide the tools they both require to reach their goals. Together, we look ahead to create smarter and more sustainable solutions that bring their visions to life.
04
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Skanska is a 135-year-old global real estate development and construction company* founded in Stockholm, Sweden. Skanska operates in 11 countries and has three business streams: Construction, Commercial Development and Residential Development. Skanska has a market capitalization of $7.7 billion and revenue in 2023 totaled $16.1 billion*. Recognized on Fortune magazine’s list of the World’s Most Admired Companies and its Change the World List, Skanska has prospered by remaining true to our core values: caring for life, acting ethically and transparently, being better together and committing to customers. Our integrated platform, strong balance sheet and ability to draw upon the resources of a global company of 27,000+ employees* allow us to pursue and deliver some of the world’s most complex projects.
Globally-recognized developer and builder
We develop high-quality, innovative and sustainable office and multi-family projects in select core urban markets, which aim to achieve a minimum of LEED® Gold certification.
Clare De Briere
Executive Vice President Los Angeles, CA
Charlie Foushee
Care for Life
Committ to Customers
Be Better - Together
Act Ethically & Transparently
Skanska is a 135+ year-old global real estate development and construction company founded in Stockholm, Sweden. Skanska operates in 11 countries and has four business streams with a market capitalization of $6.6 billion and revenue in 2022 totaled $15.9 billion*. Recognized on Fortune magazine’s list of the World’s Most Admired Companies and its Change the World List, Skanska has prospered by remaining true to our core values. Our integrated platform, strong balance sheet and ability to draw upon the resources of a global company of 28,000+ employees allow us to pursue and deliver some of the world’s most complex projects.
View all CDUS projects
Projects in Washington, D.C.
Arlington
Tysons
733 10th & G
1776 Wilson Blvd
Since 2009, Skanska USA Commercial Development Washington, D.C. has successfully delivered a broad portfolio of over 969,000 square feet of Class-A, mixed-use office and retail space with 726 residential units through the following projects: 733 10th and G, 1776 Wilson Blvd, 99M, RESA, 2112 Pennsylvania Ave and Heming. Currently, the D.C. team has over two million square-feet of mixed-use office, retail and 275 residential units in development. Our diverse mix of product types span across the greater Washington, D.C. Metro area.
Since 2009, Skanska USA Commercial Development Washington, D.C. has successfully delivered a broad portfolio of over 969,000 square feet of Class-A, mixed-use office and retail space with 326 residential units through the following projects: 733 10th and G, 1776 Wilson Blvd, 99M, RESA and 2112 Pennsylvania Ave. Currently, the D.C. team has over two million square-feet of mixed-use office, retail and 685 residential units in development. Our diverse mix of product types span across the greater Washington, D.C. Metro area.
Projects in Boston
Boston
150 Second St.
Since 2009, Skanska USA Commercial Development Boston has successfully delivered a broad portfolio of over 1.76 million square feet of Class-A, mixed-use office, lab and retail and over 550 residential units with 31,000 square feet of retail through the following projects: 121 Seaport Blvd, 101 Seaport Blvd, 150 Second Street, Two Drydock, Watermark Seaport, and The Harlo. Currently, the CDUS Boston team has over 642,000 SF under development at 380 Stuart Street.
Projects in Seattle
Seattle
Bellevue
Since 2011, Skanska USA Commercial Development Seattle has successfully delivered over 1.76 million square feet of sustainable development including office, residential and retail. Stone34, Seattle's first project, was the first, and only, project to meet the City of Seattle's Deep Green Pilot Program. The Seattle team has since completed Alley111, a modern luxury apartment building in downtown Bellevue; 400 Fairview; and 2+U, the downtown office tower that invites the public to experience restaurants and retail under its lifted tower. Seattle currently has over 790,000 square feet under construction and another 150,000 square feet in development across the Puget Sound.
Projects in Houston
Houston
Since 2011, Skanska USA Commercial Development has elevated office development, transforming Houston’s most prominent submarkets through its amenity-rich, innovative and community-minded properties. Skanska’s Houston portfolio spans from the Energy Corridor, through Uptown, and into the Central Business District. With a strong commitment to sustainability and technology, Skanska has successfully delivered over 1.8 million square feet of Class A office development with 3009 Post Oak Boulevard, West Memorial Place, 1550 on the Green (currently under construction) and Bank of America Tower, the first LEED v4 Platinum Core & Shell project in the United States.
Projects in Los Angeles
8633 Wilshire
43,000 SF
Los Angeles
Beverly Hills
Los Angeles, CA
Established in 2019, Skanska USA Commercial Development Los Angeles has completed its first office building, 9000 Wilshire. Located in L.A.’s iconic Beverly Hills neighborhood, 9000 Wilshire is a four-story office building in the heart of one of the most desired submarkets in the country. The Los Angeles team has also acquired and is entitling two additional developments: 8633 Wilshire, also in Beverly Hills, situated between 9000 Wilshire and the new Metro stop at La Cienega; and an office building targeting net-zero carbon located in the Arts District neighborhood in downtown Los Angeles.
45,000 SF
Washington, D.C. Boston Houston Seattle Los Angeles
