SA Energy Group, a 50:50 joint venture between Aecon and Robert B Somerville, has won a CAD282m ($214m) contract from Enbridge Pipelines for Spreads 8 and 9 of the Line 3 Replacement Phase 2 project in Manitoba, Canada.The scope of work includes construction of 92.2km pipeline in the area of Brandon, Manitoba, for Spread 8, and 96.5km pipeline near Morden, Manitoba, for Spread 9 extending to the Canada-US border.According to Aecon Group, construction is expected to commence in August 2018 and substantial completion is likely by the end of 2018.SA Energy Group had recently completed Spreads 3 and 4 (261km) under Phase 1 of the Line 3 Replacement project in Saskatchewan.Aecon Group president and CEO John Beck said: “This award, combined with Aecon’s recent major project wins, will see backlog reach record levels in the second quarter of 2018 and demonstrates our proven capabilities delivering a diverse range of projects through Aecon’s Industrial segment.”Aecon Industrial executive vice president Mark Scherer said: “SA Energy Group’s experience executing Spreads 3 and 4 with outstanding safety and quality performance, engagement of Indigenous Peoples and regulatory compliance, highlights the joint venture’s proven capability to deliver key components of this project.“The award of Spreads 8 and 9 solidifies SA Energy Group as a partner-of-choice for Enbridge and Aecon looks forward to further mobilising pipeline capabilities while working with our partners on this important project.”Earlier in July 2018, Aecon secured an AUD248m ($188m) contract from the City of Toronto for the FG Gardiner Expressway Rehabilitation Project: Section 1, part of the overall FG Gardiner Strategic Rehabilitation Plan under which the entire expressway will be rehabilitated.The scope of work includes replacement of the superstructure of the FG Gardiner Expressway between Cherry Street and Jarvis Street (1.1km), rehabilitation of three ramps, installation of new street lighting and a Road Emergency Services Communication Unit (RESCU) system.The project will begin in the third quarter of 2018 and construction is expected to be completed by the end of 2020.Beck said: “The FG Gardiner Expressway is a critical roadway that moves over 200,000 people daily and we’re proud to lead this important component of the Strategic Rehabilitation Plan.”____________________________________________________________________________________________Image: The Atlantic Sunrise pipeline project is an expansion of the existing Transco natural gas pipeline. Photo: courtesy of outgunned21/Freeimages.com.
Private credit and special opportunities alternative investment manager Atalaya Capital Management has closed a $250m senior construction loan and a $65m preferred equity investment for Flag Luxury Group’s construction and development of The Ritz-Carlton’s new flagship hotel in New York City.
Viking Partners Fund III, a private equity real estate investment firm, has announced a $100m redevelopment of Hurstbourne Business Park in the City of Hurstbourne (Louisville), Kentucky, US.
Holliday Fenoglio Fowler (HFF) has secured $324m in construction financing and joint venture equity on behalf of Boylston Properties, The Wilder Companies and Jonathan Bush for the development of Arsenal Yards, a six-building, mixed-use redevelopment of the former Arsenal Mall in Watertown, Massachusetts, US.
US-based gaming and entertainment company Caesars Entertainment has broken ground on Caesars Forum, a $375m, 550,000ft² conference centre in Las Vegas, Nevada.
The New York City Department of Environmental Protection (DEP) has announced plans for a $1.2bn tunnelling project to improve operational flexibility between facilities of the drinking water supply for more than nine million people in the city and Westchester County.
Massachusetts Mutual Life Insurance (MassMutual) has unveiled architectural renderings of 10 Fan Pier Boulevard, a 17-storey commercial tower located at Fan Pier on Boston’s Waterfront, which will serve as the company’s new Boston campus.
US-based architectural, engineering and consulting firm HDR has been appointed by Florida Department of Transportation (FDOT) as the lead designer for the construction of I-395 bridge and reconstruction of 1.4 miles of interstate near Downtown Miami.
Metro 1, a US-based real estate brokerage, management and development firm, is seeking joint venture hospitality partners to co-develop a mixed-use hospitality, office, retail and/or residential project in Florida, US.
The Metropolitan Water District of Southern California will provide additional financing for the construction of the two-tunnel California WaterFix project as part of plans to modernise the outdated water delivery system in the state.
JPI, a US-based developer, builder and investment manager of Class A multifamily assets, has broken ground on Jefferson at The Gate, a 425-home luxury multifamily community within Frisco’s The Gate development on the northwest corner of the Dallas North Tollway and John Hickman Parkway.
MAN Energy Solutions, Welcome Group and KDW have broken ground on MAN’s future US headquarters and service shop at 1986 Woods Road in Brookshire, Texas.
US-based data centre, network and cloud services provider DC BLOX will establish a new data centre facility in Birmingham, Alabama.
Swedish company Skanska has signed a $189m contract with Duke University Health System for the construction of a patient bed tower addition at Duke University Healthcare’s main campus in Durham, North Carolina, US.
The Jersey Shore University Medical Center (JSUMC), US, has opened a $265m 10-storey HOPE Tower on the centre’s east campus.
Bridging North America has been selected by Windsor-Detroit Bridge Authority (WDBA) to design, build, finance, operate and maintain the Gordie Howe International Bridge project between Canada and the US, through a public-private partnership.
The Frontier-Kemper/Tutor Perini Joint Venture has won a $410m contract from the Los Angeles County Metropolitan Transportation Authority for the Purple Line Extension Section 3 Tunnels Project.
US-based Caddell Construction has broken ground on the $174m National Nuclear Security Administration (NNSA) headquarters at Kirtland AFB in Albuquerque, New Mexico, US.
US-based McCarthy Building has completed a 47,000ft² subterranean expansion and renovation of the Museum of the Gateway Arch as part of the $380m redevelopment of the monument in downtown St Louis.
Swedish construction company Skanska has signed a $74m additional contract with OM-SE for Fifth + Broadway, a mixed-use development in Nashville, US.