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NYC-WTC_000141870–000141921

Folder label: “DEP 59.17 Junction Blvd, 11th FL

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NYC 9/11 Public Portal Document

'C ON STRUCT I ON W E E K

LEGAL 11 analysis shows it could withstand up to first nonresidential conunission in the nnVFRMnR tan EIRF nFFiriAI Q decline in tax revenue for the U.S., the Pulitzer Foundation in St. Sa BlfflllEn Pa!t niUM ^^7® spokesman Tony Louis, opened in nllu dLUuACU uA/ I rUnilO Robinson. The authority also is in talks October. A new The Massachusetts State Supreme Judi- with the project’s construction manager, home for the cial Court ruled Dec. 10 that acting Gov. a joint venture of area firms Clark Con- Modern Art Mu- Jane Swift (R) has the authority to fire struction Group Inc. and Sherman R. seum of Fort two contentious memters of the three- Smoot Corp., that could raise the firms’ Worth, designed ii member Massachusetts Turnpike Author- guaranteed maximum price beyond the by Ando, is cur- ity Board of Directors. The board mem- current $519 million. irently under con- ; ''' *r bers appealed an earlier suspension on struction and is the grounds that they were an indepen-

oSS?£?SS?£51 ment turning control of the Central Ar- PEOPLE JAPANESE ARCHITECT WINS aia’s 2001 gold medal Tadao Ando, the Japanese architect scheduled to open in Novem­ ber 2002. INFRASTRUCTURE_______ 3 tery/Tunnel over to the MTA Swift al- known for pure geometric shapes and •J leges their action cost the state $30 pristine poured- 4 TAMPA TO LAUNCH LARGEST million in lost revenue, which she says in-place exposed PUBLIC-PRIVATE WATER DEAL was needed to pay rising central artery concrete walls, is Tampa Bay Water was set to sell $110 mil­ costs. The two, Christy Mihos and Jor- the winner of the lion of private-activity bonds to help fi­ dan Levy, have been critics of CA/T proj- American Insti- nance the largest desalination plant in ect consultant Bechtel/Parsons Brinck- tute of Archi­ the U.S., now under construction in the erhofTs role in cost overruns and had tects’ 2001 Gold Tampa area. The deal is reportedly the demanded the firms pay $200 million in Medal. Some of K first such public-private transaction in the “reparations.” Swift is expected to sched- Ando’s best- L ---- lib drinking water industry. Tampa Bay Wa­ ule hearings to show cause for removal. known buildings are in Japan and in­ ter is issuing the bonds on behalf of the clude the Rokko Housing Complex and plant’s developer, Poseidon Resources ECONOMICS________ the Chapel on Mount Rokko, both near Corp. Poseidon will own the 25-million- Kobe, and the Naoshima Art Museum, gal-per-day plant under a 30-year deal. FED DROPS INTEREST RATES on an island in the Inland Sea. Ando’s The utility buy the desalinated water. TO LOWEST LEVEL SINGE 1961 The Federal Reserve Board continued its fight against economic recession by cut­ Hang On Mi RAPPELS DOWN CANYON WALL TO PREP FOR ORIDGE ting interest rates for the 11th time this Geologists for AMEC Inc. have begun laser mapping the Black Canyon walls year. The latest move reduced the Fed’s for a new Hoover Dam bypass bridge. AMEC started work Dec. 6 on the long- federal funds rate by a quarter of a per­ awaited crossing that would be 1,500 ft downstream and 230 ft above the centage point to 1.75%, the lowest rate in dam’s crest The 1,900-ft-long deck-arch bridge and Its 3.5 miles of four- 40 years. “Economic activity remains soft, lane roadway will help alleviate the heavily congested U.S. Highway 93 with underlying inflation likely to edge crossing, amec was hired by hdr Engineering, Sverdrup Civil and T.Y. Lin lower from relatively modest levels," the International, the engineering consortium that landed the six-year, $22-mll- Fed said in its statement. Passage of an llon Federal Highway Administration contract on July 12. Construction of the economic stimulus package by Congress $198-mliiion project Is scheduled to start in late 2002 and finish by 2007. would go a long way to shore up confi­ dence in an economic turnaround, says Martin RegaUa, chief economist for the U.S. Chamber of Commerce. BUILDINGS_________

TAX SHORTFALL WON’T SLOW NEW D.C. CONVENTION CENTER J ■ .■ The Sept 11 terrorist attack has affected tourism in Washington, D.C., but the H' Washington Convention Center Author­ I ity says it still has $815 million in hand to finish a new downtown convention cen­ ter under construction. The authority draws its finances in part from a local w I dedicated tax. In August, the authority I said project costs had risen to $778 mil­ lion, a 9% increase over the original 5 •• s I 1998 estimate. The authority’s postSepL I DECEMBER 17, 2001/ENR 7

NYC-WTC_000141878

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