By PublicFacilities|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 [...]
By PublicFacilities|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 [...]
By PublicFacilities|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 [...]
By PublicFacilities|2016-10-21T16:41:47+00:00April 29th, 2016|New American Approach, Resources|
We very much agree with Florida’s state bond director, J. Ben Watkins in this article written by Shelly Sigo and published last week in The Bond Buyer: Watkins Doesn’t See P3 Benefits over Tax Exempts. Tax-exempt debt is significantly cheaper than equity and taxable debt. It is also true that the traditional DBFOM model that [...]
