U.S. real estate giant's deal for majority share of U.K.-based PM and market consultant has mutual benefit, but concerns cited in mantaining T&T advisory independence
Transurban-Macquarie will spend $54M over next year to develop preliminary designs for added toll lanes and major bridge upgrade; state also will weigh proposals in fall for design-build contractor to replace Fluor on its stalled Purple Line rail P3.
Many who have lived through mental distress and addiction are now raising their voices to remove stigma and propel real action to combat these twin epidemics.
Addressing weaknesses laid bare by COVID-19, infrastructure projects are poised to drive world economies back to pre-pandemic positions with a simple mantra to build back better. As global design firms restructure operations, projects also are being reconfigured to fit a continental shift in client priorities.
PG&E multi-year commitment to mitigation comes as it admits role in Dixie Fire start; effort could cost post-bankruptcy public firm $15-$20B and one research analyst notes high feasibility and permitting risks.