Granite and King County Metro Announce Atlantic Base Refurbishment Project
10 October 2024 - 11:30PM
Business Wire
Granite (NYSE: GVA) announced the commencement of the
approximately $45 million Atlantic Base Refurbishment (ABR) project
in Seattle, Washington. This comprehensive initiative aims to
modernize and enhance the infrastructure of King County Metro’s
(KCM) six-acre trolley bus parking and maintenance facility.
“The General Contractor/Construction Manager (GC/CM) project
delivery method chosen by KCM has facilitated a collaborative
environment, enabling all project stakeholders to work together
effectively,” said Mike Stein, Granite Vice President of Regional
Operations. “This partnership has successfully reached the Maximum
Allowable Construction Cost (MACC) milestone, marking the
transition from pre-construction to the construction phase.”
This project will replace all concrete paving and underground
infrastructure, including storm drainage, sanitary sewer,
industrial waste, and buried power lines, as well as rehabilitating
underground storage tanks. Additionally, the existing overhead
catenary system will be upgraded to support KCM’s expanding
electric trolley fleet.
The ABR project will be executed in multiple phases to ensure
the uninterrupted operation of KCM’s Atlantic Base. This initiative
is a significant step towards Granite’s sustainability goals,
aligning with KCM’s commitment to transitioning to a zero-emissions
fleet by 2035. This transition will significantly reduce reliance
on fossil fuels and position KCM as one of the first large transit
agencies in North America to achieve a fully zero-emissions
fleet.
The project is expected to begin in January 2025 and be
completed in March 2027.
Watch this video to learn more about Granite’s Alternative
project delivery: Construction Manager/General Contractor (CM/GC)
Delivery Method
About Granite
Granite is America’s Infrastructure Company™. Incorporated since
1922, Granite (NYSE:GVA) is one of the largest diversified
construction and construction materials companies in the United
States as well as a full-suite civil construction provider.
Granite’s Code of Conduct and strong Core Values guide the Company
and its employees to uphold the highest ethical standards. Granite
is an industry leader in safety and an award-winning firm in
quality and sustainability. For more information, visit the Granite
website, graniteconstruction.com, and connect with Granite on
LinkedIn, X, Facebook, and Instagram.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241010475791/en/
Granite Contacts Media Erin Kuhlman 831-768-4111
Investors Wenjun Xu - 831-761-7861
Granite Construction (NYSE:GVA)
Historical Stock Chart
From Oct 2024 to Nov 2024
Granite Construction (NYSE:GVA)
Historical Stock Chart
From Nov 2023 to Nov 2024