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Shoemaker Skanska Joint Venture Has Begun Extensive Renovation of Center City Philadelphia's Gallery Mall

Philadelphia, PA, December 19, 2016 . . . The joint venture of Skanska USA Building and Shoemaker Construction Company will complete renovations of The Gallery shopping mall in Center City Philadelphia. Owned and operated by Pennsylvania Real Estate Investment Trust (PREIT) and Macerich, The Gallery is the single largest retail repositioning project in the Philadelphia region.

The work completed to date has included preliminary renovations including interior demolition, completed earlier this year.

Spanning three city blocks, The Gallery renovation is a key piece of PREIT and Macerich's revitalization of East Market Street. The approximately 1,400,000 SF interior and exterior renovation includes selective structural demolition; new structural and architectural construction; modifications and additions to the mechanical, electrical, plumbing and fire protection systems; replacement of all common area floor finishes, ceilings and lighting, neutral columns and storefront bulkheads and related core and shell work.

"Skanska's extensive building experience in the Greater Philadelphia region, coupled with our global network, will all be applied in transforming The Gallery into a thriving retail, entertainment and dining hub-a centerpiece for the community," said Ed Szwarc, Executive Vice President and General Manager of Skanska. "Together with Shoemaker, we will deliver a world class destination for PREIT and Macerich that combines the best of our firms’ expertise."

The renovation will also include a dramatic transformation of the façade, sidewalks and streetscapes on Market Street, 11th, 10th, 9th and Filbert Streets which will include a new streamlined glass entrance, a continuous row of street-level accessible shops and high tech digital signage.

"In 1977, Shoemaker constructed Gallery I and since that time we have been involved with numerous renovation projects at The Gallery. The Skanska team constructed Gallery II in the mid-1980's so our partnership is a natural fit to complete the next transformative renovation project of this iconic structure for PREIT and Macerich,” said Maura Hesdon, General Manager for Shoemaker Construction Co.

During the renovation, the project will include phased construction and construction while portions of the buildings are occupied, all coordinated with ongoing leasing activities and tenant fit-out work. As the facility is also a major hub for SEPTA Regional Rail and Subway facilities, PATCO trains, and the Greyhound Bus Station, the construction schedule will accommodate the need for maintaining safe commuter circulation within the project boundaries.

Construction will begin in the fourth quarter of 2016 and is scheduled to be complete by August 2018. The architect is JPRA Architects.

Skanska's building experience in the Philadelphia/New Jersey/Delaware region includes such projects as the Nicholas and Athena Karabots Pavilion Addition at the Franklin Institute, University of Delaware East Campus Residence Hall, SugarHouse Casino, Inspira Healthcare Network, Christiana Care Health Systems Women and Children's Health Building, American Airlines Terminal F expansion and baggage claim at Philadelphia International Airport, and the Nemours/A.I. duPont Hospital for Children.

Shoemaker's recent Philadelphia area projects include Amtrak’s 30th Street Station West Plaza Replacement, Villanova University's SAC Garage Overbuild Expansion, Temple University Hospital's Ontario Garage Replacement, Hope Partnership for Education's Quint Learning Center, 801 Market St. Masonry Preservation, Chestnut Hill College's Clement Hall Window Replacement, Philadelphia Housing Authority Design Build Headquarters at Ridge Avenue, Philadelphia Housing Authority Design Build 89 New Homes at North Central Phase Two.

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ABOUT SHOEMAKER CONSTRUCTION CO. AND THE BUTZ FAMILY OF COMPANIES - The Butz Family of Companies, consisting of Alexander Building Construction Co., Alvin H. Butz, Inc. and Shoemaker Construction Co., provides exceptional, comprehensive construction management and design/build services, led by a strong commitment to complete customer satisfaction with special attention to safety, quality and value. The firm possesses significant experience in the construction of healthcare facilities, colleges/universities, corporate office buildings, manufacturing facilities, sports and entertainment venues, government buildings, parking garages, K-12 schools and retail buildings serving Pennsylvania, New Jersey and northern Delaware.

ABOUT SKANSKA USA - Skanska USA is one of the largest, most financially sound construction and development companies in the U.S., serving a broad range of clients including those in transportation, power, industrial, water/wastewater, healthcare, education, sports, data centers, life sciences, aviation and commercial. Headquartered in New York with offices in 31 metro areas, we have nearly 11,000 employees committed to being leaders in safety, project execution, sustainability, ethics and people development. In 2015, our work in building construction, civil and power/industrial construction, commercial development and infrastructure development (public-private partnerships) generated $7.1 billion in revenue. Global revenue of parent company Skanska AB, headquartered in Stockholm and listed on the Stockholm Stock Exchange, totaled $18.4 billion in 2015. Skanska shares are publicly traded in the U.S. on the OTC market under the symbol SKBSY through a Level I American Depository Receipt program.


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