August 31, 2017

CT Construction Digest Thursday August 31, 2017

 
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$700 Million Bonding Cap Impacts
Projects with contracts/obligations that should continue:
Public Trans
Walk Bridge design activities and rights of way acquisitions, CP 243 construction, and Dockyard construction
Hartford Line Construction (New Haven to Hartford) and Hartford Line Locomotive Overhauls
60 M8 option order
Highway and Bridge
Gold Star Bridge (SB), under construction using Ramp Up funds, est. $13m cash flow FY18
Atlantic Street, recently started, various state bond sources @ $64.7m total state cost (est.$20m cash flow in FY 18)
Waterbury bridges, out of federal NHS bridge penalty funds (lapse annually), $188m total project cost with state match (est. $5m state cash flow FY18)
Various projects using $81m NHS bridge penalty funds (lapse annually) (est. $15m state cash flow FY18)
Planned New Construction that could be canceled/delayed:
Public Trans
Walk Bridge construction program, including all advance utility relocation efforts, and bridge construction including East Avenue, Osborne Avenue and Fort Point Street Bridge projects
Hartford Line Construction (Hartford - Springfield) Including all stations north of Hartford (Newington, West Hartford, Windsor, Windsor Locks and Enfield)
New Haven Rail Yard East End Connector for CCO
Clinton Railroad Station
Merritt 7 Railroad Station
New London Track 6 Electrification
Rehabilitation of 4 Bridges on the Housatonic Line
Waterbury Signalization
Highway and Bridge (amounts represent total project cost)
Charter Oak Bridge, $228m, and associated I-91 Resurf/Bridge, $54m
Gold Star Bridge (NB), $97m
I-84 W. Htfd. Operational Lanes, 155-171, LGCT @ 65m
 VIP Resurfacing Program @ $69m
 VIP Pavement Preservation @ $25m
 VIP Guiderail Program @ $5-10m
Stamford Route 1 Bridge #37, @ 20m
E. Htfd. Bridges (design-build), 171-431, ADV 9/13/16, CN @ 23m (going thru RFQ process now)
Bridge Repair Unit work/joints under FIF-Bridge @ $30m
I-84 W. Htfd. Signs, @ $13.25m
Pavement Preservation, various under FIF-Road @ $25m
159-188 Wethersfield Maintenance Facility @ $14m
Danbury Repair Facility @ $10m
ADA curb ramps @ $6m
Suspension/delay of projects in various stages of design that will not advance including:
Public Trans
New Haven Railroad Station Parking Garage
Stamford Railroad Station Parking Garage
Stamford Railroad Station Pedestrian Bridge
Orange Railroad Station
Madison Railroad Station – Pedestrian Bridge and Parking Garage
Barnum Railroad Station
CT Transit Hartford Facility Improvements 
Highway and Bridge
I-84/CT 8 Waterbury, (alternatives analysis)  
I-84 Viaduct, 63-716
I-84 Danbury Ex 3-8, 34-349,
 7&15 Norwalk
Municipal Programs for which funding would be cancelled or delayed beyond FY 2018:
Town Aid Road Program - $30 million
LOTCIP – approximately $35 million
Local Bridge – approximately $5 million

Carpenter Companies to move, close two divisions

BRISTOL - Carpenter Companies has restructured their business model and services to focus on the real estate division, and is moving locations in Bristol come October.
“We got rid of our site work division and mechanical division,” said president of the company, George Edward Carpenter. He took ownership of the company a little over a week ago, when his father, George T. Carpenter, retired.
The real estate division handles full-service property management for residential, commercial and retail properties.
“We wanted to get rid of site work and mechanical because it is more cost effective,” he said. “What we are really doing is being like other contractors out there that sub out contracts a lot. It’s more cost effective to sub them out.”
Carpenter explained this means they will no longer do public works job for the state, “because there is too much overhead. We are really just focusing on real estate.”
“In two years, we are going to specialize in special trades because is it better business decision and model,” he said. “The company is not going to close, and will never.”
The company was established in 1924, by Spartacus “Spark” Carpenter, and it was incorporated in 1932. It has since been located in Bristol.
Carpenter said that the company is currently located at 67 Race St., and will relocate to 225 N. Main St. by mid-October. The company already owns the new location.

New London leaders praise planned development in Fort Trumbull area

New London — City and state leaders on Wednesday praised a planned condominium complex on Howard Street as one of the first steps in a major boost to the city’s urban center.
A ceremonial signing of a development agreement for Shipway 221 was held at the Fort Trumbull conference center. The phased development, with construction expected to start by spring, will start with 70 units and is expected to later grow to 200 units with prices starting above $200,000.
The $30 million project, on long vacant land owned by Renaissance City Development Association, is being developed by New London County Realty with project manager Tony Silvestri and financial backer Louis Tagliatela of the Franklin Construction Company.
The project will have amenities that include an all-seasons pool, outdoor theater, rooftop gathering area, gym, climbing wall and pub.
“It’s been 17 years since we started this journey. Shipway 221 represents the first out-of-the-ground project in the Fort Trumbull Municipal Development area,” RCDA President Linda Mariani said.
There has been no new construction in Fort Trumbull since the area became the focus of a national fight over eminent domain.
Mariani said the condos are targeting millennials and empty nesters who will bring in much-needed disposable income to the local economy.
“It’s a milestone. We believe this is going to be the spark that will turn Fort Trumbull around very quickly,” Mayor Michael Passero said. “What you’re going to see is this momentum pick up."
Passero praised the Tagliatela family and Silvestri for prior developments — Harbour Towers and City Flats initiative — and the Tagliatelas' continued investment in the city.
“It’s going to rewrite the demographic maps and it’s going to rewrite the standing of New London, Connecticut, not only in southeastern Connecticut but the state,” Passero said. “People want to move into this transit-oriented district and they want to live in the little urban core. What we’re going to do is position this city to take full advantage of that and provide quality housing.”
Shipway 221 is one of two developments planned along Howard Street that will take advantage of the growing number of employees at the nearby General Dynamics Electric Boat facility.
A.R. Building Co., now working to complete a $14 million, 104-unit apartment complex on Mansfield Road, has proposed a $17 million, 90-unit apartment complex at the corner of Bank and Howard streets on land known as Parcel J.
It is unclear if a recent lawsuit filed against A.R. Building Co. by its former development partners, Klewin Construction, will affect those plans.
Kyle Klewin, the president of Mystic-based Klewin Development, a subsidiary of Klewin Construction, previously had pitched a plan for Parcel J but pulled out in 2015, citing a soured relationship with A.R. Building Co. CLICK TITLE TO CONTINUE

Rentschler Field outlet shoppes center greenlighted

Farmington's United Technologies Corp. and Michigan's Horizon Group Properties inked a lease agreement allowing for the development of a new outlet center in East Hartford, Mayor Marcia A. Leclerc said Wednesday.
The retail development will join Cabela's as the first phase of a new lifestyle center at the Rentschler Field property, Leclerc said. Subsequent phases will include housing, entertainment and food venues.
The new 280,000-square-foot center near Rentschler Field is estimated to cost $107 million. The downsized outlet center, which was originally planned to be as large as 410,000 square feet, could take up to 18 months to build if work starts this fall, the mayor said in an email.
A new road has already been built to support the project. The new East Hartford Boulevard North roadway will provide access to the new center, as well as new parking lots at the stadium. UTC's Rentschler Field Development Corp. completed the state-funded, $7 million new road on time and under budget, Leclerc said.
"The lease signing comes at an extremely exciting time for our community," said Leclerc. "It coincides with the scheduled opening of the Pratt & Whitney World Headquarters, the United Technologies Research Center expansion, and equally important, the creation of hundreds of new temporary construction jobs and permanent jobs both at the retail center as well as at United Technologies."