Granite Selected for Approximately $72 Million Project in Capitola, California
August 22 2023 - 4:30PM
Business Wire
Granite (NYSE:GVA) has been awarded an approximately $72 million
contract by the California Department of Transportation (Caltrans)
to build auxiliary lanes and bus-on-shoulder facilities on Highway
1 between Bay/Porter and State Park Drive in Capitola, California.
Funded by the Santa Cruz County Regional Transportation Commission
(SCCRTC), with Local Measure D-Highway Corridor funds, Senate Bill
1 grants, and other SCCRTC discretionary funds, the project was
included in Granite's second quarter CAP.
The upcoming project will construct various critical components,
including concrete retaining walls, noise reduction measures, storm
drains, a bicycle and pedestrian bridge, and reconstruct a 165 ft
long vehicle bridge adding bicycle and pedestrian features. The
project is adjacent to Granite's previously awarded Highway 1
auxiliary lane and bus-on-shoulder project between 41st Avenue and
Soquel, and centrally located between two of Granite’s materials
facilities supporting our home market strategy and commitment to
improving local transportation and accessibility.
Granite will recycle approximately 12,000 tons of existing
asphalt and concrete into recycled aggregates and utilize
approximately 88,000 tons of subbase & base from its local
aggregate and recycled aggregate plants. 24,000 tons of hot mix
asphalt (HMA) and 13,000 tons of rubberized HMA (a product that
incorporates and recycles old tires) will be used from its Salinas
Hot Plant, a certified Green Business, ensuring readily available
high-quality materials and highlighting Granite's commitment to
environmentally conscious practices and sustainability.
“Our team is thrilled to embark on these transformative projects
to enhance the vital infrastructure along the Hwy 1 Corridor in
Santa Cruz County, improving safety and accessibility for
pedestrians and cyclists alike,” said Vice President of Regional
Operations, Brent Fogg. “Our core values of excellence and safety
will guide us to ensure minimal disruption to local traffic during
construction. We eagerly anticipate the completion of these
projects and the enhanced mobility they will provide our local
community."
The project is planned to begin in September 2023 and is
expected to be completed in Q3 2025.
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.
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