AIAI Welcomes Obama Build America Investment Initiative
The Board of the Association for the Improvement of American Infrastructure (AIAI) has reacted positively to President Obama’s announcement last week regarding the Build America Investment Initiative.
The President spoke about the importance of long-term investments in America’s infrastructure in against the backdrop of Delaware's currently-closed Interstate 495 Bridge, where he announced the program to attract greater private investment to help fund new roads, bridges and highways.
In a statement, AIAI said: “(We) applaud the efforts of President Obama’s Build America Investment Initiative, which aims to boost infrastructure investment and economic growth through increased national use of Public Private Partnerships (P3). AIAI looks forward to learning more details on the role of the Initiative and the Build America Transportation Investment Center as this develops.”
The Build America Transportation Investment Center is being launched as part of the wider investment initiative “to serve as a one-stop shop for cities and states seeking to use innovative financing and partnerships with the private sector to support transportation infrastructure,” the White House said.
AIAI continued: “Public Private Partnerships deliver public works projects through private sector innovation and are fast becoming a popular vehicle for the United States to rebuild its infrastructure, lift its economy and create jobs.
The expertise of the private sector complements the public sector’s capacity to design, finance, build and deliver public infrastructure projects quickly, efficiently and cost-effectively, providing much needed congestion relief to our nation’s transportation arteries. AIAI commends the efforts of President Obama and this pro-P3 initiative as they recognise the importance of private sector involvement in solving the National infrastructure crisis.”
The Association for the Improvement of American Infrastructure is a non-profit organisation formed to help shape the direction of the national Public Private Partnership marketplace. AIAI serves as a national proponent to facilitate education and legislation through targeted advocacy.
AIAI’s Board of Directors has national and international experience and industry knowledge that provides the Association with a clear direction for developing and advocating policy and legislative solutions, allowing more equitable and effective partnerships across diverse market sectors from transportation and energy to educational, health and public service institutions.
Winvic tops out first hotel project in Milton Keynes
A roof covering programme is now underway which will be followed by floor and ceiling curtain walling, and extensive glazing on the 13th floor, which will contain a sky bar, restaurant and public exhibition space.
Work on envelope and cladding will continue with the 30m high, LED-lit satin finish stainless steel circle on the eastern façade completing the external design. The ‘sun’ design will be visible up the city’s Midsomer Boulevard, which was created to align with the sun on the longest day of the year.
Winvic is currently fitting-out the 261 bedrooms, which has included the sailing and positioning of off-site fabricated bathroom pods. Fit-out of other facilities within the hotel will also continue, such as the 12,000 sq ft flexible conference floor that comprises adaptable meeting spaces and an external terrace that has been designed to be high load bearing. The project is expected to be handed over in July 2022.
Mark Jones, Winvic’s Head of Multi-room, said: “We started on site just two weeks after the first 2020 lockdown was announced and despite the unprecedented challenges, our team have hit milestone after milestone on, or ahead, of schedule. I’d like to say a huge thank you to them. Reaching the highest point of any multi-room project is always worth celebrating, but this is a bit more special as it’s Winvic’s first hotel," he said.
Winvic recently lifted eight railway bridge beams into place over the A5, 2km north of M1 J18. It is one of three bridges that Winvic is constructing for Prologis at DIRFT III in Northamptonshire, as part of a £29 million contract to deliver a new Intermodal Rail Freight Terminal.