CINCINNATI, OH — Skanska, a construction and development firm, announces the signing of a contract with Medpace, a clinical research company, to construct a new office building on Medpace’s Madisonville campus. The total construction value of the project will be $197 million.

The new 562,000-square-foot development will consist of a nine-story building that will feature a six-story office tower built atop a three-floor parking garage and conference center. Construction began in February 2024 and is scheduled for completion in March 2027. This marks their 10th project with the company. They are currently constructing a new clinical pharmacology unit on the campus as well.

Elevar is the architect and THP Limited is the structural engineer for the project.

"We are thrilled to continue our partnership with Medpace on this landmark project," said Chris Hopper, Vice President and General Manager for Skanska USA Building. "This new office building will not only enhance the Medpace campus, but also contribute to the development of the Madisonville community. Our team is dedicated to delivering a project that meets the highest standards of quality and sustainability."

Since 2016, Skanska and Medpace have cultivated a partnership, resulting in the successful completion of numerous projects on the Medpace campus. These include several office buildings, Element Eatery Food Hall, and the Summit Hotel.