Opportunity/Job Creation Project of the Year Given that infrastructure is an extraordinary job creator, the winning project will be that project designed to create the most direct and indirect jobs - as well as the greatest opportunities for local businesses – over the next 3-5 years. The project will be visionary in terms of its job creation potential. The projects are:
ARC Tunnel, New Jersey $8.7 Billion
O’Hare Modernization, Illinois $10 Billion
State Rte 99: Alaskan Way Viaduct, Washington $4.2 Billion
Competitiveness Project of the Year Given that infrastructure generates enormous economic competitiveness, and that North America, shows a long-term trend for underinvestment in infrastructure, that project which most contributes to the ability of the region to compete globally. The projects are:
National Gateway, Regional $750 Million
Crescent Corridor, Regional $2 Billion
KCI North American Railway, Regional $80 million
Engineering Project of the Year The project that best demonstrates the professional excellence of North American engineering, focusing on challenging projects that will generate 20-30 years of enhanced competitiveness. The projects are:
State Rte 99: Alaskan Way Viaduct, Washington $4.2 Billion
Mexico City Aqueduct, Mexico City $385 Million
ARC Tunnel, New Jersey $8.7 Billion
Finance Project of the Year The prize will be awarded to the project that has been able to best channel multi-source funding into its structure; creating a replicable model for North America. The projects are:
Dulles Corridor, Virginia $5.25 Billion
I-495 HOT Lanes, Virginia $1.4 Billion
I-595 Highway, Florida $1.8 Billion
Green/New Infrastructure Project of the Year The project that promises a new level of leadership in terms of the design and/or financing of Green/New Infrastructure projects. The winning project, and its sponsors, will have designed a project that will provide a roadmap forward. The projects are:
Mexico Energy Efficiency Bonds, Mexico
Empire State Building Modernization, New York $20 Million
The Master Plan outlines projects and funding sources, over the next 20 years, that will allow the Airport to meet future demand. It gives the Airport and the airlines the flexibility to determine which projects move forward and when based on demand. The Master Plan is a working document that represents all that could be built at O’Hare over the next 20 years. It does not represent what must be built.
As with all airport development projects, NO STATE OR LOCAL TAX DOLLARS WILL BE USED.
Funding comes from airline-backed General Airport Revenue Bonds (GARBs), Passenger Facility Charges (PFCs) and the federal Airport Improvement Program (AIP) funds.
In 2006, the San Diego County Regional Airport Authority determinedthat without a new airport to replace one-runway Lindbergh Field, the region would stand to lose upwards of $100 billion in economic growth. But that same year, voters rejected the Authority’s plan to site the airport at a military airbase, and no other land-based site was deemed acceptable.
Subsequently, OceanWorks Development noticed a claim to 40,000 sq. mi. of the Southern California Bight for building an offshore airport. O-Plex 2020, a deep-water, permanently moored 3 sq. mi. multi-purpose infrastructure facility, currently in its proof of concept design stage, would host an FAA Design Group VI dual runway international airport as its anchor tenant. The platform would also support other ocean-based infrastructure, including renewable energy technology and a desalination plant, as well as 200 million sq. ft. of space for private enterprise.
OceanWorks Development expects the budgeted $20 billion project to be financed by a combination of private equity and private and public debt.
Location: New York, NY Project Value: US$100 million
Built during the Great Depression, the Empire State Building symbolizes America's limitless potential. Today the building is undergoing a major sustainability retrofit to become a leading example of economic and environmental revitalization.
Consulting, design, and construction partners Clinton Climate Initiative (CCI), Johnson Controls Inc. (JCI), Jones Lang LaSalle (JLL), and Rocky Mountain Institute (RMI), recently completed an 8 month modeling and analysis project which will save 38 percent of the building's energy and $4.4 million annually.
Location: San Diego, California Project Value: US$1.9 billion
Sunrise Powerlink is an integral part of San Diego Gas and Electric’s plan to meet California’s renewable energy mandate. The 120 mile 500 kV project will transmit renewable energy (a mix of solar and geothermal) from Imperial Valley New Mexico to the San Diego Area. The project has an estimated value of $1.9 Billion Dollars and is a necessary part of SDG&E’s renewable energy portfolio. The project is expected to break ground in June 2010 and be in operation by mid 2012.
Cogeneration Plant of Salamanca
Location: Mexico Project Value: US$TBD
of 415MW after installing gas turbines that will generate energy for CFE and the National Electrical System as well as gas that will be used at the Salamanca Refinery. The natural gas feedstock will be sourced from the regasification terminal at Manzanillo. Through the cogeneration, CFE and Pemex have the opportunity to obtain substantial saving in generation of electrical energy on the one hand, while on the other, producing process gas that will benefit the Pemex refinery.
Manazanillo Plant: Increase of Output Capacity Project
Location: Mexico Project Value: US$TBD
to combined cycle, installing a net additional capacity, through gas turbines of 894 MW (+/- 15%) on average annually. The net potential of the retooled units 1&2, will be 1494 MW on average annually. The unit A Selection of Project Descriptions 3/4 upgrades along with the associated transmission network, and is intended to help meet the demand for electricity in the western region, and maintain the regional reserve margins at levels that comply with standards required by the system..
Location: State of Missouri Project Value: US$40 million
The Burlington Bridge carries double tracked rail lines across the Mississippi River between Burlington, Iowa, and Gulf Port, Illinois. The bridge is currently owned by BNSF Railway as part of its Chicago to Denver mainline. The bridge is planned to be replaced with a vertical lift bridge to double the width of the navigational channel once about $40 million is appropriated. As of 2005, around half of the estimate has been approved. Amtrak's California Zephyr crosses this bridge. The original bridge at this location was constructed in 1868. It was reconstructed in 1893 in its current form.
Gardner Intermodal Facility
Location: State of Kansas Project Value: US$750 million
1000 acres for the project, including 492 for the railway hub and 500 for warehouse and distribution.
Kansas City is second only to Chicago in the number of rail miles. The size of the Kansas City region bodes well for the success of the Gardner intermodal facility. With intermodal facilities in both Dallas and Oklahoma City, BNSF discovered that businesses closer to Oklahoma City often chose to ship through Dallas. The increased train volume in Dallas was worth shipping the greater distance due to better scheduling and pricing. A modern and efficient facility at Gardner will draw traffic that is currently moving through smaller cities in the region, avoiding the congested facility in Kansas City, Kansas. Given the planned train volume, the Gardner facility will be a natural magnet for regional shippers.
Crescent Corridor
Location: Regional, North East, Mid-Atlantic & Central Southeast
The Crescent Corridor Intermodal Freight Program is one of the single largest additions of new freight transportation capacity in America since the Interstate Highway System. The Crescent Corridor centers on the continued development of a faster more efficient rail intermodal route from the Gulf Coast to the Mid-Atlantic. A fully-developed program will provide improved domestic rail intermodal service between the Northeast and Southeast for the terminal host cities of Memphis, Birmingham, Atlanta, Charlotte, Knoxville, Roanoke, Greencastle, Harrisburg, Bethlehem, Philadelphia, and Northern New Jersey.
Connecting this 2,500-mile network of existing rail lines with regional intermodal freight distribution centers will strengthen domestic and international distribution in the Southeast, Gulf Coast, and Mid-Atlantic markets. The 13 states along the Crescent Corridor route include 26 percent of the nation’s population, 30 percent of the nation’s manufacturing output, and 24 percent of its interstate highway lanes. The Crescent Corridor leverages past and ongoing private transportation investments to create a more efficient rail transportation network to benefit nearly a third of the nation’s manufacturing output. The project provides substantial economic, environmental, congestion, and environmental benefits for the affected region. – Presented by Bruno Maestri, Vice President Government Relations, Norfolk Southern Corporation.
$1.6 billion of incremental public and private rail improvements will improve freight movements and extend the high speed Northeast Corridor to the Richmond/Petersburg area. The proposed project will bring high speed rail from Washington to Richmond, and then onwards to both the Tidewater area and to North Carolina.
Chicago to St. Louis High Speed Rail Project
Location: Illinois
The proposed action will provide high-speed rail passenger service between Chicago and St. Louis along the current Amtrak route. South of Dwight, the maximum operating speed will be 110 mph. North of Dwight, the existing maximum operating speed of 79 mph will be maintained. No physical improvements and no changes in operating characteristics (i.e., number and speed of trains) will be made north of Dwight. With these improvements travel time between Chicago and St. Louis will be reduced from approximately 5.5 hours to approximately 4.0 hours.
Pemex Gas will contract 400 MMcfd of natural gas pipeline transportation services from Tamazunchale, San Luis Potosí to San Luis de la Paz, in the state of Guanajuato. The planned system will connect to and existing private pipeline and to the National Pipeline Grid. This project will commence commercial operation in March 2012 to achieved required redundancy to the inner and occidental states of the country. The contracting process developed by PGPB, considers different strategies to face some limitations that gas pipeline infrastructure development have experienced in Mexico. The projected investment is about 600 MMUSD and expected to be in construction by third quarter of 2010.
Location: New Orleans Project Value: US$200 million
The Sea Point Project will provide an efficient and economic alternative to using West Coast Ports to serve Middle America's consumption and production centers.
The project is necessary given the rapid growth of demand at West coast container ports, specifically the Los Angeles and Long Beach ports. The total market targeted by Sea Point is around 55 million customers and production capacity.
The design capacity of the Port facility is 912,000 TEUs, expected to be reached in 2013. The Project is planned to be commissioned in 2009, and its construction costs, estimated by Sea Point's technical advisor, are aproximately $USD200 million.
The Craney Island Eastward Expansion is a 2.2 billion dollar project to be executed as a joint venture of the USACE and the Virginia Port Authority. The aim of the project is to extend the lifespan of the Craney Island Dredge Material Management Area and provide room for the construction of a new marine terminal. The project's first phase is scheduled to open in 2020 with construction beginning in mid 2010. The project will maintain the strategic and economic viability of the Port of Virginia for decades to come.
The National Gateway proposes preparing three major rail corridors for double-stack clearance:
The National Gateway
Location: Regional, Midwest Project Value: US$700 million
The National Gateway is a plan to create a more efficient rail route linking Mid-Atlantic ports with Midwestern markets, improving the flow of rail traffic between these regions by increasing the use of double-stack trains. This public-private partnership - expected to cost $700 million -- will upgrade tracks, equipment and facilities, and provide clearance allowing double-stack intermodal trains (intermodal cargo can be efficiently transported by ship, train or truck in standard-sized shipping containers).
I-95 Corridor between North Carolina and Baltimore, Maryland via Washington, D.C. I-70/I-76 Corridor between Washington, D.C. and northwest Ohio via Pittsburgh, Pennsylvania Carolina Corridor between Wilmington, North Carolina and Charlotte, North Carolina
Location: New Orleans, Louisiana Projects Value: US$685 million
The Inner Harbor Navigation Canal (IHNC) surge barrier project is a $685 million dollar project from the USACE. The Project will reduce the risk of storm damage to some of the region’s most vulnerable areas – New Orleans East, metro New Orleans, the 9th Ward, and St. Bernard Parish. This project aims to protect these areas from storm surge coming from the Gulf of Mexico and Lake Borgne.
Inland Port of Guanajuato
Location: Central Mexico Project Value: US$82 million
GTO INLAND PORT is a logistics complex of 3500 acres located in the middle of the country, well-connected by air, railroad and highways with others states and countries. Logistics, foreign trade, and manufacturing companies find an unmatchable infrastructure and business set up. Within the premises, there is an international airport, an inter-modal rail facility, a full-service federal custom facility, a free trade zone park, and industrial and business parks. Since the beginning of its promotion on January 2008, GTO Inland Port has signed contracts with 14 participating companies established from Europe, Asia, Latin America and North America. This is the right spot for logistics, manufacturing and foreign trade companies.
The Palm Island Terminal Project
Location: Michoacan, Mexico Project Value: $US80 million
The Palm Island Terminal Project by Kansas City Southern Rail, is a critical piece for the development of rail-logistics in Mexico, supplementing the development of the port of Lazaro Cardenas by expanding the rail capacity of this this corridor. Beside its impact on jobs creation, the project aims to promote the development of the logistics chain through the industrial heartland of Mexico improving the competitiveness of communities such as as Morelia, Celaya, Queretero, Mexico City, San Luis Potosi, Saltillo, Monterrey and Nuevo Laredo.
The project consists on the construction of a large railroad yard adjacent to the Port of Lazaro Cardenas. The rail terminal will have facilities for intermodal, manifest cargo, bulk liquids, autos, etc. This will be an $80 million investment over 5 years and will be one of Latin America´s larges rail terminals. The Palm Island terminal is a key link in the Kansas City Southern (KCS) International intermodal Corridor starting in Lazaro Cardenas, crossing the industrial heartland of Mexico and ending in strategic markets in the Southeastern and Midwestern US.
Location: State of Washington Project Value: $US4.2 billion
The current double-deck Alaskan Way Viaduct, which carries State Route 99 through downtown Seattle, has neared the end of its useful life and is vulnerable to damage in another earthquake. Washington state, King County and the City of Seattle plan to replace the viaduct with a bored tunnel beneath downtown, a new one-mile roadway in the south end of the project area, a new waterfront surface street, and transit investments. The tunnel will be approximately 54 feet in diameter, making it one of the largest tunnels in the world, and, at almost two miles long, it will also be one of the longest highway tunnels in the United States. The replacement program has an estimated value of $4.2 billion. Construction of the bored tunnel is expected to begin in 2011 and be complete by the end of 2015.
Location: Regional, South Florida Project Value: $US1.8 billion
The I-595 Corridor improvement project is an important part of Florida’s drive to modernize its inadequate transportation system. The I-595 Expressway is a 10.5 mile corridor from I-75 to the I-95 interchange. The project sponsor is the Florida Department of Transportation and they have entered into a 35-year concession agreement with ACS Infrastructure Development Inc. of Spain to design, build, finance, operate and maintain the expressway.
This type of public private partnership is rapidly becoming the preferred model for the construction of highways in the United States and should alleviate the inefficiencies that have plagued U.S. surface infrastructure in the past. The project value is approximately $1.8 Billion with construction scheduled to begin in the fall of 2009 and to be completed in 2014.
Location: San Luis Potosi, Mexico Project Value: $US30.40 million
With a total capacity of 750 lps, this water treatment plant located in the State of San Luis Potosi will serve the east-center municipalities of the city. The project will include 20km of drainage water pipelines and 11km for irrigation purposes. Grupo Marhnos, company awarded with the project, will present project’s financial needs.
Aqueduct Zapotillo - CONAGUA - MEXICO
Location: Mexico Project Value: $US385 million
This projects aims to improve the supply of drinking water to 1.1 million inhabitants and reduce the over-exploitation of existing aquifers, which currently presents abatement on the order of 3 m per year, the City of Leon, Gto. & to 400,000 residents of the municipalities of Jalisco. Also the Project will transfer to El Zapotillo a volume close to 120 million m3 per year, from the RioVerde basin to the basin of the Rio Lerma, which is over-exploited.
Hurricane and Storm Damage Risk Reduction System
Location: Louisiana Project Value: $US4.3 billion
The Project is a comprehensive plan being implemented to reduce flood risks arising from aged infrastructure providing the area with greater protection from tropical storms born in the Gulf. The project will provide Louisiana with necessary improvements and will serve as a model for efficient state and federal cooperation.
Falcon - Matamoros Aqueduct
Location: Mexico Project Value: $US500 million
Build and aqueduct of approximately 270 km in length with its respective pumping stations which would distribute water to the population of northern Tamaulipas (from Falcon to Matamoros). This project is vital to the economic prosperity of this region, as it will improve water access to the growing populations settled in Rio Bravo as well as for new industries; specifically for 9 cities and surrounding rural areas. Investment Opportunities: Construction, heavy machinery, administration and maintenance of hydraulic facilities, and finance.
The Purple Line is a proposed 16-mile rapid transit line (light rail preferred alternative) extending from Bethesda in Montgomery County to New Carrollton in Prince George's County. It will provide a direct connection to the Metrorail Red, Green and Orange Lines; at Bethesda, Silver Spring, College Park, and New Carrollton. The Purple Line will also connect to MARC, AMTRAK, and local bus services.Twelve initial station locations have been identified with additional stations under consideration. The project has an estimated value of 1.7 billion dollars.
The FasTracks Project
Location: Colorado Project Value: $US6.9 billion
The FasTracks Project is one of the most ambitious urban mass transit programs in the nation. Upon completion in 2017 the $6.9 billion dollar project will have 122 miles of new light and commuter rail as well as 18 miles of bus rapid transit service. The rail portion of the project consists of 6 new rail lines and the augmentation of 3 existing lines. The project sponsor is the Regional Transportation District of Denver, The first rail corridor (West Corridor) of the project is currently under construction and slated to be completed in 2013. The West Corridor is a 12.1 Mile light rail corridor running from downtown Denver to Jefferson County. The construction contract for the over 700 million dollar corridor was awarded to Denver Transit Construction Group, a joint venture of Herzog Contracting and Stacy and Witbeck.
This design build contract was awarded as a Construction Management General Contracting contract, this was deemed the best process for allowing greater flexibility with respect to community involvement and input in the project.
Dulles Corridor Metrorail Project
Location: Washington, DC - Metro Area Project Value: $US2.5 billion
The Dulles Corridor Metrorail Project is one of the largest projects moving forward in the United States and will serve to better integrate the greater D.C. metropolitan area. The project is being built in two phases with the first currently under construction. Phase I is being managed by Dulles Transit Partners LLC, a joint venture between Bechtel Corporation and Washington Group International. This phase will construct 11.6 miles of heavy rail track and 5 new stations extending to Wiehle Avenue in Virginia.
The second phase of the project has yet to be bid but will consist of 11.5 miles of new track and 6 new stations at an estimated cost of $2.5 Billion dollars. The initial phase is under construction and scheduled to be completed in 2013 with phase two to begin in 2013 and scheduled for completion in 2017.
Completely Funded - The Utah Transit Authorities $2.8 billion FrontLines 2015 Rail Project consists of 5 total rail lines, totaling about 70 miles of new rail lines. The project is completely funded with local revenue and Federal Grants. Four of the lines are well into construction, with the fifth and final line releasing its draft EIS in 2010. Thus far, construction has been handled by a consortium of Kiewit, Parsons, and Herzog.
Location: Baja California, Mexico Project Value: $US320 million
The City of Tijuana in the State of Baja California, Mexico, is revamping its public transportation system with 2 new dedicated-lines moving thousands of citizens daily with 30 electronically controlled units. The estimated investment for both routes is US$320 MM and bidding is planned for the end of the year.
SoundTransit Strategic Rail Projects
Location: State of Washington Combined Project Value: $US5.4 billion
The expansion of Seattle’s Link Light Rail System. The Central Puget Sound Regional Transit Authority (Sound Transit) is participating in the Forum after a successful ballot measure last year, and will be presenting the University Link Project as well as the East Link Project:
The East Link will run approximately 18 miles east from downtown Seattle to Mercer
Island and South Bellevue. The Project has a value of $3.9 billion dollars and is scheduled to break ground in 2013. University Link Project is a $1.9 Billion dollar project located entirely underground extending 3.5 miles to the University of Washington. The project broke ground earlier this year and is expected to open in 2016. The Link system aims to relieve congestion in and around the Seattle area, reduce carbon emissions, and promote job creation and economic development in the region.
Hualapai Valley Solar LLC(340 MW Solar Generating Station)
Location: Arizona Project Value: $US2 billion
Expected to be completed in 2013, this will be the largest solar generating station the United States. Construction is tentatively scheduled to begin in mid to late 2010 depending on permitting and finance. The project sponsor is Mohave Sun Power LLC and Fichtner Solar is the project engineer.
The project will use the same parabolic trough technology with molten salt storage that Albiasa Solar has proposed for its 200-megawatt plant south of Interstate 40 and west of U.S. 93. A critical driver is Arizona’s mandate to derive 15% of its electricity consumption from renewable generation sources by 2015.
The project entails the development of a 24MW wind farm (12 wind turbines - 2.0 MW each) along with 84 hectares for jatropha curca biodiesel production. The project will generate electricity that will be distributed throughout Mexico. Total investment is US$60million and US$18million of private capital has already been committed. The project seeks further finance with international credit agencies and also considers the access to global partners to accelerate the development of the project, targeting the 3rd quarter of 2010 for operation.
Northwest Renewable Power Partners
Location: Sonora Mexico - Arizona USA Project Value: $US204 billion
The total investment requested represent the 19.6 % of the total cost of the projects For the investment requested NBH LLC offers preferred Stocks at a fixed annual return, 10 to 20 year term or common stocks up to a maximum 40% of the total stock of the company. NBH LLC is a Delaware company, owner of North Branch Resources LLC a Connecticut company that is FERC approve energy trading and Generadora del Desierto SA de CV, a Mexican company that will build the power generator in Mexico in the NAFTA zone.
Oaxaca Wind Farms II, III, IVs
Location: Mexico Project Value: $US160 million
The project includes programming, design, and construction. It will also perform all activities necessary operate the facilities of the Central Eoloeléctrica Oaxaca II, III and IV, in compliance with the nameplate capacity of 304.2 MW Contract ± 2%, no later than the scheduled date of commercial operation. The contract assures that the award winner will operate, own and maintain the facilities and deliver the electricity generated by the Central Commission for the allotted period of time.
Aimed at recovering Huatulco’s position as a first-level touristic destination, the Renaissance of Huatulco Bay will provide different experiences in each of its 9 bays and embracing new market segments. The project is focused on privacy and exclusivity. This project consists on the consolidation of 5,000 rooms and the development of 152.78 Ha. The project value is US$1,480 MM with a combination of public and private investments. Critical for the economic growth of the region, it will create 3,270 direct jobs and over10,000 indirect jobs.
You need to understand the market, and where that market it going - CG/lA can do that with you, through strategic advisory, M&A due diligence and trend identification. Take our recently released (January 2012) Global Infrastructure Market Demand 2015 Report, showing overall global infrastructure market demand by region, and sector. The "2015 Report" gives you a context within which to plan, make decisions and target opportunities. Key initiatives include:
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