The Maryland Public Service Commission (PSC) has awarded offshore wind renewable energy credits to developers U.S. Wind and Skipjack Offshore Energy to build two projects off Maryland's coast.
US Wind has selected JDR Cable Systems to supply subsea power cables to its proposed 750MW wind project off the coast of Maryland, US.
The Maryland Board of Public Works has approved a $60M contract for Whiting Turner Contracting Company to expand Baltimore/Washington International (BWI) Thurgood Marshall Airport’s Concourse E.
The governor of Maryland, US has approved $765M in financing for the construction of a new Potomac River crossing from Charles County in Maryland to King George County, Virginia.
Bozzuto Group has broken ground on a $170M commercial and residential development in Maryland, US.
Clark Construction Group has been selected as the prime contractor by the Montgomery County Department of Transportation (MCDOT) to build the MD 355 Multimodal Crossing project at the Medical Center metro station in Bethesda, Maryland.
The Cordish Companies has broken ground on the new $200M Live! hotel at the Maryland Live! Casino in Hanover, Maryland.
The Cordish Companies has unveiled plans for a $200M expansion project at its Maryland Live! Casino property in Hanover, Maryland.The project, to be located next to Maryland Live! Casino at Arundel Mills, will include a 17-storey Live! Hotel tower with 310 luxury guest rooms. The development will add an additional 33,000sq m of space to the gaming facility and will also involve the construction of an event centre, meeting spaces, new dining options, and a day spa/salon.Tutor Perini Building Corp. will serve as the general contractor in the project.Cordish Global Gaming Group president Robert Norton said: "Maryland Live! Casino is the premier gaming, entertainment and retail destination serving the heart of the Baltimore/Washington population."The addition of our flagship Live! Hotel is just the latest investment we are making to ensure Maryland Live! continues to be the preferred choice for visitors seeking a world-class gaming and entertainment experience."Construction work is set to start in late 2016 with its completion slated for the fourth quarter of 2017. The project is expected to create about 400 new jobs and 550 construction jobs in the region.
Purple Line Transit Partners (PLTP) have achieved financial closure to design, build, finance, operate and maintain the Purple Line project in Maryland, USA. The $5.6bn project, which includes a $2bn design-build contract, includes the construction of 21 stations along a 16.2-mile alignment extending from Bethesda, in Montgomery County to New Carrollton, in Prince George’s county.The closure includes $313M in ‘Green Bonds’ from Private Activity Bonds underwritten by JP Morgan and RBC Capital Markets and follows approval of a $874.6M Transportation Infrastructure Finance and Innovation Act (TIFIA) loan from the United States Department of Transportation last week.Herb Morgan, Purple Line Transit Partners CEO, said: “Purple Line Transit Partners is pleased to reach financial close on this important project.“This milestone, plus the recent Board of Works action approving the P3 contract, solidifies Maryland’s leadership in protecting and enhancing the state's fiscal integrity by advancing a public-private partnership project that will transfer construction, operation, maintenance and performance risks to the private partners all while ensuring riders and stakeholders receive improved mobility, environmental compliance and safety. “Our team is looking forward to working with Maryland communities to start construction later this year and deliver this innovative project at a fixed-price and on schedule."The Purple Line Transit Constructors team has began initial design and survey work with construction expected to start later this year and passenger service scheduled for early 2022. Following construction, Purple Line Transit Operators will provide 30 years of operations and maintenance services.
The United States Department of Transportation (USDOT) has approved a Transportation Infrastructure Finance and Innovation Act (TIFIA) loan of $874.6M to Purple Line Transit Partners for the implementation of the Maryland Purple Line project. The 16.2-mile project includes 21 stations and connects many communities in Maryland, from Bethesda in Montgomery County to New Carrollton in Prince George’s County.The project, owned by the Maryland Department of Transportation, will be implemented on a design-build-finance-operate-maintain basis.The project was procured as a public-private partnership under a concession agreement that was executed in April 2016, and expires about 30 years after substantial completion, which is expected in March 2022.
Construction has started on the $750M Greenleigh at Crossroads mixed-use development in Baltimore, Maryland.Greenleigh at Crossroads, part of Baltimore Crossroads development, will feature 1,000 single-family units and townhomes, 500 multifamily homes, three mid-rise Class A commercial office buildings covering 28,000sq m, 12,000sq m of single-storey office space, 11,000sq m of retail and a 120-room SpringHill Suites by Marriott hotel.The project will be delivered by St. John Properties, Somerset Construction Co. and Elm Street Development.St. John Properties has started construction on one of the office buildings, and is set to commence construction on the hotel in late 2016.Elm Street Development will soon commence construction of the single-family homes and townhomes, with models anticipated to be ready in early 2017.Somerset Construction is set to start work on The Berkleigh, a 317-unit luxury apartment community, in late 2016.
The University of Maryland has unveiled plans to redevelop several existing businesses into a mixed-use development.The $110M project will feature 300 luxury apartments and will also serve and enhance the amenities available to a community of more than 50,000 students and university staff.It involves collaboration between Bozzuto, Willard Retail, and the University of Maryland College Park Foundation, the entity that will acquire the property in early 2017. Bozzuto president and CEO Toby Bozzuto said: "We are grateful to have been selected to develop this wonderful project with the University of Maryland College Park Foundation, the University of Maryland, the City of College Park, Prince George's County, and Willard Retail."The combination of our previous experience developing Monroe Street Market with Catholic University and the strength of our partners will create a community to complement the university's ongoing redevelopment efforts in downtown College Park. This is a rare opportunity to develop a project with transformative potential and we are proud of our stake in this extraordinary collaboration."
Washington Adventist Hospital has broken ground on a new $331m hospital in Montgomery County, Maryland.
Purple Line Transit Partners, a consortium including Meridiam, Fluor Enterprises, and Star America, has won a contract to design-build, finance, operate and maintain the $2bn Purple Line light rail transit public-private partnership project in Maryland, US.