Commercial Property Development

The Bank of America Tower offers 72,500 square meters of contemporary office space in Houston’s Central Business District. The property features an open-air community hub that includes a full-service restaurant and a culinary market with seven chef-driven concepts and a cocktail bar.

In 2019, Skanska divested a 90 percent interest in the Bank of America Tower office property in Houston, Texas, USA, for USD 373 M, about SEK 3.5 billion, to an affiliate of Beacon Capital Partners. This is Skanska’s largest ever divestment in terms of square meters. The building will use 25 percent less energy than typical facilities and in 2019 it became the world’s largest building certified to LEED Platinum version 4.