Monday, January 26, 2015

Skanska to build Franklin Institute addition

Work for 125 to start this Spring

Skanska to build Franklin Institute addition

The Franklin Institute has hired Sweden-based construction giant Skanska's suburban Philadelphia office to build the planned 53,000 sq ft, limestone-faced Nicholas and Athena Karabots Pavilion, to house a conference center, a brain exhibition, and a new exhibit gallery.The project, designed by SaylorGregg Architects, will create 125 construction jobs and 20 permanent (fulltime and parttime) jobs, according to the institute, with work to start this Spring and end by summer 2014.

Donor Nicholas Karabots, who with his wife gave $10 million toward the project and was rewarded with naming rights, is chairman of Kappa Media Group and vice chiarman of publicly-traded Amrep Corp. of Princeton. 

The Karabots addition is part of a $65 million expansoin campaign by the science musuem.

Joseph N. DiStefano
About this blog

PhillyDeals posts raw drafts and updates of Joseph N. DiStefano's columns and stories about Philly-area finance, investment, commercial real estate, tech, hiring and public spending, which he's been writing since 1989, mostly for the Philadelphia Inquirer.

DiStefano studied economics, history and a little engineering at Penn, taught writing at St. Joe's, and has written the book Comcasted, more than a thousand columns, and thousands of articles, and raised six children with his wife, who is a saint.

Reach Joseph N. at JoeD@phillynews.com or 215 854 5194.

Joseph N. DiStefano
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