News

El Gabilan Library Achieves Substantial Completion; On-Time

With a construction period of only 16 months, our partners, the City of Salinas, Anderson Brule Architects and Griffin Swinerton (a joint-venture between Griffin Structures and Swinerton Builders) have done an amazing job keeping this project on schedule and of a high quality. The new El Gabilan Branch Library is a $21 million project [...]

By |2020-02-06T19:28:16+00:00February 6th, 2020|Company News, Project News|

An Explanation of the County of Los Angeles’ Vermont Corridor Project

The $302 million Vermont Corridor Administrative Offices Building for the County of Los Angeles is our most recent project to reach financial close.  It employs the New American Approach P3 development model and has already produced a project savings of $60 million when compared to the County's original projected budget.  According to the County's [...]

By |2018-09-27T16:57:43+00:00September 27th, 2018|Project News, Resources|

Groundbreaking for Salinas Police Services Headquarters

Salinas, Sept 10th - The City of Salinas broke ground today on a brand-new Salinas Police Services Headquarters building.  Project leaders and city officials joined the ground breaking ceremony to celebrate the new project for the City of Salinas.  Mayor Joe Gunter and City Councilwoman (District 4), Gloria DeLaRosa, where among the speakers present [...]

By |2018-09-11T02:44:23+00:00September 10th, 2018|Events, New American Approach, Project News|

New El Gabilan Library Celebrates Groundbreaking

Salinas, CA - Mayor Joe Gunter, Councilwoman Gloria De LA Rosa, City Manger Roy Corpuz, and other project leaders gathered today to celebrate the groundbreaking of the new El Gabilan Library for the City of Salinas.   The new  Library is planned as a safe, welcoming space for all ages to learn, meet family and [...]

By |2018-09-11T02:42:39+00:00September 10th, 2018|Company News, Events, New American Approach, Project News|

LA County Closes on New Vermont Corridor County Administrative Offices Building

We are thrilled to announce that we have reached financial close on the County of Los Angeles's new Vermont Corridor Administrative Offices Building.  The new $302 million, 21-story project begins construction on August 9th. "We are proud of this project and what PFG has accomplished." Said John Finke, President of PFG, "In the last two [...]

By |2018-07-26T23:33:22+00:00July 26th, 2018|Company News, Events, New American Approach, Project News|

Public Notice of Los Angeles County Facilities Inc. Board Meeting

NOTICE OF PUBLIC MEETING Los Angeles County Facilities Inc. Board of Directors Thursday, June 28, 2018 at 8:00 AM This public meeting will be conducted by teleconference To participate by telephone, please dial: (888) 749-8686; passcode: 494-065-6350 The public may also participate in the teleconference at the following address: 10250 Constellation Blvd, 19th Floor Los [...]

By |2018-06-22T20:28:05+00:00June 22nd, 2018|Events, Project News|

Salinas City Council Unanimously Approves two P3s

We are thrilled to announce that earlier this week the Salinas City Council, in a unanimous 7-0 vote, approved two new facilities that are in partnership with PFG.  The council approved a new Police Headquarters and a new public library that will replace their existing facility.  Both projects use the New American Approach P3 [...]

Illinois Municipal Policy Journal: Understanding Public-Private Partnerships (P3) Through a Theoretical Cost Comparison

We are honored to have been included in the recent issue of The Illinois Municipal Policy Journal, a collaboration of the Illinois Municipal League, the School of Public Service, and the Chaddick Institute at DePaul University.  The Journal has included our study and theoretical cost comparison in it's most recent volume. The goal of the publication is [...]

By |2017-12-07T18:31:16+00:00December 7th, 2017|Company News, Resources|

An Explanation of the American Approach

In response to publishing our White Paper comparing the three most commonly employed financial models for developing social infrastructure, we have received requests for more information on the New American Approach.  We have drafted An Explanation of the New American Approach in an effort to further clarify what makes the New American Approach unique, why it is better to employ [...]