6th and Vermont

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 [...]

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 [...]

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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