Project News

P3 Bulletin publishes article on 63-20 Progressive Design-Build

By |2021-03-30T19:39:18+00:00March 30th, 2021|Company News, Industry News, Project News, Uncategorized|

PFG is proud to partner with P3 Bulletin on their Higher Education PPP Report 2021.  The report highlights major trends and developments taking place within the P3 market.  It combines data and analysis by P3 Bulletin with expert industry commentary.  The report provides a snapshot of the market over the past three years, as [...]

El Gabilan Library Achieves Substantial Completion; On-Time

By |2024-12-09T19:54:37+00:00February 6th, 2020|Company News, Project News|

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 [...]

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

By |2024-12-09T19:48:21+00:00September 27th, 2018|Project News, Resources|

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 [...]

Groundbreaking for Salinas Police Services Headquarters

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

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 [...]

New El Gabilan Library Celebrates Groundbreaking

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

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 [...]

LA County Closes on New Vermont Corridor County Administrative Offices Building

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

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 [...]

Public Notice of Los Angeles County Facilities Inc. Board Meeting

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

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 [...]

Salinas City Council Unanimously Approves two P3s

By |2018-05-18T16:51:19+00:00May 18th, 2018|Company News, New American Approach, Project News, Uncategorized|

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 [...]

The Bond Buyer: L.A. County Advances P3 Project

By |2016-08-18T16:14:12+00:00August 18th, 2016|Company News, Industry News, New American Approach, Project News, Uncategorized|

PFG President, John Finke was interviewed by The Bond Buyer’s far west regional editor, Keeley Webster, to discuss the Vermont Corridor project recently approved by L.A. County.  Ms. Webster writes: There are two ways that government can take control of the 501(c)3. When the debt is paid off, PFG transfers fee ownership. The government entity also can replace [...]

PFG Selected for the LA County Vermont Corridor Project

By |2016-08-11T18:03:57+00:00August 11th, 2016|Company News, Industry News, New American Approach, Project News|

We are excited to announce that the Los Angeles County Board of Supervisors voted unanimously on Tuesday August 9th to move forward on the re-development of three County-owned sites located in the Koreatown neighborhood of Los Angeles. Public Facilities Group has been selected as the not-for-profit special purpose entity and will issue tax-exempt bonds for [...]

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