Hill International Supports Texas A&M on New Medical Center Projects
June 16 2020 - 9:00AM
Hill International (NYSE:HIL), the global leader in managing
construction risk, announced today that it, in association with its
HUB partner, Sage Project Consulting, has been selected by The
Texas A&M University System (TAMUS) to provide project
management and inspection services on the construction of a new
medical and housing complex near the Texas Medical Center area of
Houston. The multi-phased development will be called the Texas
A&M Innovation Plaza.“Hill and Sage are providing project
management and inspection services for TAMUS’s exciting project,”
says Hill Senior Vice President Robert Ferguson. “We look forward,
in particular, to working with the public-private partnership (P3)
entity to successfully deliver TAMUS’s projects on time, within
budget, and with the high quality TAMUS expects. We’ve had the
opportunity to support P3 projects for TAMUS in the past, and so
our team understands how to effectively collaborate in this unique
context.”
“TAMUS’s expansion into the Texas Medical Center
area is a great benefit to Houston,” says Sage President Rhonda
Robinson. “This location places them at the epicenter of medical
advancement in Texas. We are pleased to be a part of their delivery
team.”
TAMUS’s approximately $546-million expansion
consists of two separate projects. The first project involves the
$145 million purchase and renovation of an 18-story building. This
building will be used to host faculty, learners, and researchers
from across Texas A&M’s Health Science Center. That includes
the unique Engineering Medicine degree program, “EnMed,” which
offers students the opportunity to be taught simultaneously both
medicine and engineering and receive two degrees—an M.D. as well as
an M.S. in engineering. The new facility will provide the Health
Science Center a physical space where complex problems in
engineering and medicine can be explored. This project is expected
to be completed in the summer of 2020.
The second project will use $401 million in
private sector money and a P3 delivery method to build two new
towers adjacent to the EnMed Building at the site at the southern
edge of the Texas Medical Center. The first phase will include a
new 19-story, 714-bed Student Housing building with priority
leasing for Texas A&M medical students and Prairie View A&M
nursing students. The first phase will also include the base of a
second tower, including a 1.2-million SF parking garage with 2,800
spaces and 15,000 SF of retail space, as well as 8,700 SF of lush
green space between the buildings. The first phase is scheduled for
completion in June 2022.
The second phase of the P3 project will be an
integrated medical plaza, a 17-story medical office building atop
the parking garage. This 515,000 SF facility will be home for a
variety of outpatient-centered medical uses and research, and is
scheduled for completion in January 2024.
Hill Chief Executive Officer Raouf Ghali says:
“Hill is proud to participate in these dynamic projects for TAMUS,
a valued client whom we’ve had the opportunity to support since
2015. We also understand the great impacts these projects will have
on the city of Houston, Texas’ medical community, and subsequently,
the scientific community around the world.”
About Hill International
Hill International, with approximately 2,700
professionals in more than 55 offices worldwide, provides program
management, project management, construction management, and other
consulting services to clients in a variety of market sectors.
Engineering News-Record magazine recently ranked Hill as the
eighth-largest construction management firm in the United States.
For more information on Hill, please visit our website at
www.hillintl.com.
About Sage Project
Consulting
Sage Project Consulting is a Houston, Texas
based building consulting firm offering program and project
management, construction management, and building advisory services
to clients in the higher education, healthcare and wind energy
markets. Sage Project Consulting is also a minority and woman owned
business and a certified Texas HUB vendor. For more
information on Sage Project Consulting, please visit our website at
www.sage-pc.com.
Forward Looking Statements
Certain statements contained herein may be
considered "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995, and it is our
intent that any such statements be protected by the safe harbor
created thereby. Except for historical information, the matters set
forth herein including, but not limited to, any statements of
belief or intent, any statements concerning our plans, strategies,
and objectives for future operations are forward-looking
statements. These forward-looking statements are based on our
current expectations, estimates and assumptions and are subject to
certain risks and uncertainties. Although we believe that the
expectations, estimates, and assumptions reflected in our
forward-looking statements are reasonable, actual results could
differ materially from those projected or assumed in any of our
forward-looking statements. Important factors that could cause our
actual results to differ materially from estimates or projections
contained in our forward-looking statements are set forth in the
Risk Factors section and elsewhere in the reports we have filed
with the Securities and Exchange Commission, including that
unfavorable global economic conditions may adversely impact our
business, our backlog may not be fully realized as revenue, and our
expenses may be higher than anticipated. We do not intend, and
undertake no obligation, to update any forward-looking
statement.
Hill International, Inc. Elizabeth J. Zipf,
LEED AP BD+C Senior Vice President Hill International, Inc.
One Commerce Square 2005 Market Street, 17th Floor
Philadelphia, PA 19103 (215) 309-7707
elizabethzipf@hillintl.com
Hill International, Inc. Todd Weintraub Senior
Vice President and Chief Financial Officer (215) 309-7951
toddweintraub@hillintl.com
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