Hochtief JV picked for $700m Denver airport expansion project

expat network

Hochtief JV picked for $700m Denver airport expansion project

A Hochtief joint venture of Turner Construction Company and Flatiron Construction Corp. has been chosen to lead a major expansion of Denver International Airport, adding gates, concessions, runways and taxiways

Turner Construction Company and Flatiron Construction Corp. are pleased to announce that the City and County of Denver have selected a Turner-Flatiron joint venture to manage the up to $700 million expansion of Denver Airport.

“Together with our partner Flatiron, we’re gearing up to streamline and enhance the passenger experience for the more than 58 million travelers who fly to, from, and through Denver every year,” said Aaron Wiebelhaus, Turner Vice President and General Manager. “Airports help connect people to new places, communities, and experiences – they bring you to the world and the world to you. We look forward to delivering a beautiful facility that will encourage and facilitate that exploration.”

The project adds more than 530,000 square feet to Concourse A and 91,000 square feet to Concourse B. The expansion adds 16 aircraft gates, two international nodes with provisions for three more, and about 1128,000 square yards of aircraft-rated pavement.

“We are proud to be part of the team expanding and continuing the growth of Denver International Airport,” said Eric Taylor, Vice President of Flatiron’s Central Division. “We are also glad to be partnering once more with our sister company, Turner, as their vertical construction experience is a strong complement to our heavy civil expertise. Our selection as a joint-venture reflects our past shared success as well as the trust and confidence placed in us by the City and County of Denver.”

Construction is scheduled to begin in January 2018.

Flatiron and Turner are both subsidiaries of HOCHTIEF, one of the largest construction services providers in the world.

Source: wwwhochtief.com

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.