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$1 Billion Contract Award for WTC Transit
Hub
The Port Authority awards a construction management
contract to a four-company joint venture. Also, New York
City outlines a four-year capital plan for $40.7 billion
in municipal infrastructure work.
Contract Let for WTC Tunnels
A
new phase of work is beginning on the $2 billion World Trade
Center transportation hub following the award by the Port
Authority of New York and New Jersey of a $1 billion contract
to a joint venture composed of four large contractors and
construction managers.
Since construction started last September on the hub, the
Port Authority has been using call-in contractors to do preliminary
work, according to an agency spokesman. The new award is for
the construction of approximately 3,000 ft. of pedestrian
tunnels that will eventually connect ferries at the World
Financial Center to the new hub and to Metropolitan Transportation
Authority subway lines.
The winning team, which calls itself Phoenix Constructors,
consists of Slattery Skanska, a division of Skanska USA Civil
that is based in Queens; New York's Bovis Lend Lease; the
Granite Construction Northeast subsidiary of Granite Construction,
which is based in Watsonville, Calif.; and Fluor Enterprises,
based in Aliso Viejo, Calif.
Work was scheduled to begin in March on the design by the
architectural joint venture consultant of New York-based STV,
New York-based DMJM Harris, and Spanish architect Santiago
Calatrava, who is the design architect. A partial opening
is planned for 2009.
Bloomberg Unveils Capital Plans
New York City Mayor Michael Bloomberg recently outlined a
draft fiscal plan to invest more than $40.7 billion into the
municipal infrastructure over the next four years.
Among the major items in the preliminary capital plan, which
includes funding from state and federal sources, are:
- $11.1 billion for the public schools
- $2.5 billion for bridge maintenance
- $1 billion for the Croton Water Filtration Facility in
the Bronx
- $864 million for street reconstruction
- $483 million for sanitation transfer stations
- $265 million for infrastructure and parks around the
new Yankee and Shea stadiums
- $133 million for the conversion of the James A. Farley
Post Office in Manhattan into Moynihan Station
- $100 million for improvements along the Greenpoint-Williamsburg
waterfront in Brooklyn
- $31 million for the Queens Museum
- and $22 million for Snug Harbor Cultural Center, an 83-acre
park on Staten Island.
The mayor also presented a $52.2 billion Fiscal Year 2007
preliminary budget, which includes reconstruction and maintenance
funds for several city projects.
New Foreign Trade Warehouse
Construction of a new 680,000-sq.-ft. warehouse began on
a 55-acre plot of land in Cranbury, N.J., as part of a redevelopment
of properties around Exit 8A of the New Jersey Turnpike.
Rockefeller Group Development Corp., a New York-based real
estate developer, and Atlanta-based Industrial Developments
International are overseeing construction of a Class A warehouse
and distribution building that will feature 36-ft. clear ceilings
and 116 loading docks. The building, slated for completion
in the third quarter this year, will have Foreign Trade Zone
status, which allows streamlined customs review for the warehousing
and distribution activities of the tenants.
The new warehouse is part of redevelopment efforts around
Exit 8A, where Rockefeller Group already has developed 3.5
million sq. ft. of warehouse and distribution facilities on
230 acres since 2000. Cushman & Wakefield of New Jersey,
a real estate firm based in East Rutherford, has managed the
overall redevelopment strategy for the area.
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