DALLAS, Jan. 13, 2021 /PRNewswire/ -- Jacobs
(NYSE:J) will serve as the designer of record for the F.H.
Paschen and Ragnar Benson Joint
Venture responsible for the eight-mile West Lake Corridor
extension of the South Shore commuter rail line between
Hammond and Dyer, Indiana. Expanding the South Shore Line
will increase access for the growing area of Lake County, Indiana to connect more easily to
Chicago.
Delivered as a design-build project, the owner, The Northern
Indiana Commuter Transportation District, estimates the cost of the
project to be $933 million and
construction to finish in 2024. The West-Lake Corridor
project will provide Lake County
residents with faster and more reliable access to employment and
entertainment in Chicago. Along
with approximately eight new miles of track, the new corridor will
include four new stations with parking lots, park-and-ride areas,
and ADA parking and station access. The expected travel time from
the new Munster/Dyer Main Street
station to Chicago's Millennium
Station is 47 minutes with 12 trips to/from during weekday
peak.
"Improving accessibility, creating jobs and generating economic,
social and environmental benefits strongly aligns with Jacobs'
values," said Jacobs People & Places Solutions Senior Vice
President Gary Morris. "Connecting
Lake County area residents to Chicago and Cook
County, Illinois is a step toward how we'd like to reimagine
mobility for tomorrow in the Midwest."
At Jacobs, we're challenging today to reinvent tomorrow by
solving the world's most critical problems for thriving cities,
resilient environments, mission-critical outcomes, operational
advancement, scientific discovery and cutting-edge manufacturing,
turning abstract ideas into realities that transform the world for
good. With approximately $14 billion
in revenue and a talent force of more than 55,000, Jacobs provides
a full spectrum of professional services including consulting,
technical, scientific and project delivery for the government and
private sector. Visit jacobs.com and connect with Jacobs
on Facebook, Instagram, LinkedIn and Twitter.
Certain statements contained in this press release constitute
forward-looking statements as such term is defined in Section 27A
of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, and such statements
are intended to be covered by the safe harbor provided by the same.
Statements made in this release that are not based on historical
fact are forward-looking statements. We base these forward-looking
statements on management's current estimates and expectations as
well as currently available competitive, financial and economic
data. Forward-looking statements, however, are inherently
uncertain. There are a variety of factors that could cause business
results to differ materially from our forward-looking statements,
including, but not limited to, the impact of the COVID-19 pandemic
and the related reaction of governments on global and regional
market conditions and the company's business. For a description of
some additional factors that may occur that could cause actual
results to differ from our forward-looking statements, see our
Annual Report on Form 10-K for the year ended October 2, 2020, and in particular the
discussions contained under Item 1 - Business; Item 1A - Risk
Factors; Item 3 - Legal Proceedings; and Item 7 - Management's
Discussion and Analysis of Financial Condition and Results of
Operations, as well as the company's other filings with the
Securities and Exchange Commission. The company is not under any
duty to update any of the forward-looking statements after the date
of this press release to conform to actual results, except as
required by applicable law.
For press/media inquiries:
Kerrie Sparks
214.583.8433
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SOURCE Jacobs