TWIA Commercial Property & Casualty
Flatiron lands 4 airport projects worth $270M
Apr
Dive Brief:
- Broomfield, Colorado-based Flatiron has won new airport projects worth approximately $270 million, the company said in a press release sent to Construction Dive.
- The jobs range from building new runways and taxiways to installing advanced technology and expanding terminals, per the release. Three of the awarded contracts are in the U.S., while one is in Canada.
- All of the contracts are consistent with Flatiron’s strategy of securing contracts with what it calls “balanced risk profiles,” per the release. A similar sentiment has been echoed by builders such as Watsonville, California-based Granite Construction, which, in its case, pursues smaller jobs that it anticipates will lead to less issues in the long run.
Dive Insight:
The moves come amid a flurry of movement in the infrastructure sector, with aerodromes around the U.S. moving to expand to accommodate growing numbers of travelers. The $1.2 trillion Infrastructure Investment and Jobs Act also designates $15 billion over five years for the complexes to improve runways, terminals, airport-transit connections and roadway projects.
The jobs in Flatiron’s portfolio include:
Erik Nielsen Whitehorse International Airport — Yukon, Canada
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Courtesy of Flatiron
Flatiron’s work is a $120 million contract for the government of Yukon to provide critical improvements at the province’s sole international airport. Flatiron will rebuild the main runway, and incorporate modern design elements and advanced technology to streamline air traffic flow.
Dallas Love Field Airport — Dallas, Texas
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Courtesy of Flatiron
Flatiron embarked on the $60 million project to reconstruct Taxiway A and construct a vehicle service road around the northwest end of Runway 13R-31L.
Denver International Airport — Denver, Colorado
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Courtesy of Denver International Airport
Flatiron will construct $50 million worth of upgrades on Peña Boulevard, a vital artery that leads into the complex, which is the third-busiest airport in the world. It will reconstruct Peña Boulevard outbound from Jackson Gap Street to the terminal, and turn the Jackson Gap Street interchange into a diverging diamond, to make it safer and more efficient.
William P. Hobby Airport — Houston, Texas
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Courtesy of Flatiron
Flatiron has started work on the $42.7 million Houston Hobby Non-Standard Taxiways job, which will address sections of the airfield with excessive runway incursion that are a safety concern. The scope of work includes demolition of existing taxiways, excavation and embankment construction for future taxiways as well as upgrades to lighting and electrical systems.
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