Two bids submitted for campus development P3 in Virginia

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

The City of Falls Church received two responses to the request for detailed proposals for the West Falls Church Economic Development Project. EYA/Regency/PN Hoffman and Rushmark WFC both responded; Comstock had been selected as a finalist in the conceptual phase, but chose not to submit a detailed proposal. 

An evaluation committee will review the detailed proposals and make a recommendation on the finalist to the City Council. The City Council is expected to approve an interim agreement in October 2018.

The timeline calls for a final land lease or sale agreement for the 10 acres in May 2019 prior to issuance of construction bonds for the George Mason High School (GMHS) project. The private development would then start construction in the fall of 2021 after the new GMHS is complete. The process is being coordinated with the high school construction process through the Campus Coordinating Committee, which includes representatives from the City Council, School Board, Planning Commission, Economic Development Authority, Falls Church Educational Association, and PTA.

List of the country updates

Country updates

  • September 04, 2018

    I Squared Capital closes ISQ Global Infrastructure Fund II at US$7 billion

    I Squared Capital has announced that it has closed its ISQ Global Infrastructure Fund II at the US$7 billion legal cap, exceeding an initial target of US$5 billion. The fund received commitments from...

    Read more
  • September 03, 2018

    Speedcast enters definitive agreement to acquire Globecomm

    Speedcast International has announced that it has entered into a definitive agreement to acquire Globecomm Systems Inc. from affiliates of HPS Investment Partners, LLC Tennenbaum Capital Par...

    Read more
  • August 31, 2018

    Illinois Municipal Retirement Fund recently revealed that it is to drop its US$100 million commitment to an infrastructure fund

    Previous commitments made to two real estate funds and one infrastructure fund were withdrawn by US$41.3 billion pension fund Illinois Municipal Retirement Fund, Oak Brook after a review of their...

    Read more
  • August 31, 2018

    Final RFP issued for Miami-Dade courthouse

    The Mayor of Miami-Dade County has confirmed that a final Request for Proposals (RFP) was issued for the Civil and Probate Courthouse project on 1 August 2018. This involves the design, construct...

    Read more
  • August 31, 2018

    US$350 million bonds to be issued to finance US$3.5 billion Canada-USA bridge PPP

    Bridging North America (BNA), a consortium consisting of ACS Group, Aecon Group and Fluor Corporation, is issuing CAD454.5 million (US$350.9 million) in medium to long-term bonds to fin...

    Read more

Share this update