California

Salinas Projects win International Economic Development Award

By |2020-10-19T20:47:47+00:00October 19th, 2020|Awards, Company News|

Public Facilities Group Receives Excellence in Economic Development Award from the International Economic Development Council Washington, DC – The City of Salinas, Public Facilities Group, and the development team, led by Griffin Swinerton, won a silver category award for their work on The Salinas Police Services Headquarters Facility and El Gabilan Library Project, a project [...]

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 [...]

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 [...]

P3 Comparison White Paper

By |2018-05-18T16:27:48+00:00April 20th, 2017|Company News, Industry News, New American Approach, Resources|

A THEORETICAL COST COMPARISON OF P3 AND TRADITIONAL PUBLIC DELIVERY MODELS USED IN DEVELOPING SOCIAL INFRASTRUCTURE  It presents three distinct approaches to a hypothetical social infrastructure development and analyzes the costs of that project as they relate to each approach.  The three models presented are Traditional Public Delivery, The American P3 Approach, and the Availability [...]

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 [...]

AMI Article: Judges Say high cost of Long Beach Courthouse is Depriving Other Areas of Courtrooms

By |2024-12-09T19:53:45+00:00June 17th, 2016|Industry News|

We agree wholeheartedly with the pitch that private expertise reduces cost on a project.  We have seen this kind of benefit and savings first hand on all 28 of the projects we have been involved in.  The problem lies in financing the project with equity and taxable debt as well as the very expensive operations [...]

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