Investments in broadband, water supply and road expansion
HOCHTIEF's US civil infrastructure construction subsidiary Flatiron has been awarded a series of infrastructure improvement contracts in California worth a total of more than USD 740 million. The investments will go toward broadband, water supply and road expansion.
- Together with partners Flatiron will deliver preconstruction services to create middle-mile broadband infrastructure for communities throughout counties in northern and southern California. The projects estimated at more than USD 191 million at full build are initial steps in bringing high-speed broadband service to unserved and underserved communities.
- East Bay Municipal Utility District (EBMUD) has selected Flatiron to deliver projects valued at USD 237 million that will enable EBMUD to meet its long-term commitments to provide quality drinking water to communities in and around Oakland. Flatiron will upgrade existing facilities and construct new facilities. This new project builds on Flatiron’s relationship with EBMUD. Flatiron is currently under contract for two other water projects with a combined value of around USD 300 million.
- To reduce traffic congestion, improve safety and contribute to sustainability by enhancing traffic-flow efficiency Flatiron has been awarded two major road construction projects with a combined value of USD 276 million. In Yolo County a Flatiron-led joint venture has been selected to deliver highway improvements including the only freeway connection between the San Francisco Bay Area and the Sacramento metropolitan area. Construction will include the widening of two bridges and the modification of nine other bridges. In collaboration with the City of Temecula Flatiron has launched the second phase of the I-15 French Valley Parkway project. Construction work that includes a new bridge over the I-215 Freeway has begun and is scheduled to be completed in December 2024.