Caltrans, SFCTA Picks European Consortium as P3 Builder of Presidio Parkway Phase Two
The State of California, Department of Transportation and the San Francisco County Transportation Authority issued a notice of intent to award a public-private partnership project worth $1 billion to a consortium around Essen, Germany-based HOCHTIEF Concessions for the design, construction, finance, operation and maintenance for 33 years of San Francisco�s Presidio Parkway project.
HOCHTIEF�s 50% partner on the Golden Gate Bridge southern access project is Meridiam Infrastructure, based in Luxemburg. The consortium�s construction team is led by HOCHTIEF subsidiary Flatiron.