Engineered Solutions: Combining Engineered Earth Armoring Solutions with Onsite Wastewater/Greywater Treatment Systems
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‘Adaptive Reuse’ Leads to Innovative Partnering Opportunities
Where the Trump Plaza Hotel and Casino once stood, Atlantic City will create a development corridor to connect a convention center to retail space, boardwalks and beaches. (Wikimedia Commons) As public assets become weathered through time, repair and maintenance costs accumulate. Without attention, the assets lose value and eventually become inefficient and unsafe. With local-government budgets stretched to the breaking point, thousands of public assets throughout the country have spiraled...
Change Leader: Modernize How You Perform Site Selection and Monitoring
These profiles are based on interviews, and the opinions and statements are those of the subject and are not necessarily shared or endorsed by this publication. This particular webcam interview was recorded by Todd Danielson, the editorial director of Informed Infrastructure. You can view a video of the full interview above or by visiting bit.ly/3uigsB1. Tony Agresta is the executive vice president and general manager of the Nearmap North American division. Site se...
ReEngineering the Engineer: Seeking ‘Five Reasons’ for Problems
One of our integrated project delivery (IPD) projects finished at the end of 2021. It survived a COVID-19 shutdown, reduced productivity due to restrictions of personnel onsite, cost increases and material-procurement challenges. Everyone was looking forward to getting this one over the finish line. The project included some health-care-related components and required some final inspections by a governing authority. Through several months, the owner had planned grand-opening activities right...
High-Strength Steel Takes Salesforce Tower Chicago to New Heights
Salesforce Tower Chicago anchors Wolf Point, a mixed-use development at the confluence of the Chicago River’s three branches. (Steelblue) The Chicago River has been transformed into a vast recreational park, with opportunities for residents and visitors to access and enjoy the river at almost every mile. The most-notable stretch is the Chicago Riverwalk, which extends about 1.25 miles from Lake Michigan to Wolf Point. Here, an extraordinary mixed-use development is being completed that fea...
Help Wanted: Smart People; Transportation Industry Addresses Workforce Expansion and Diversification
Bentley Education partners with the National Society of Black Engineers to engage with talented engineering students. The $1.2 trillion Infrastructure Investment and Jobs Act (IIJA) is a generational investment, promising impactful progress in rebuilding and modernizing America’s aging infrastructure, tackling the climate crisis, improving road safety, and more. Infrastructure owners are actively launching “shovel-worthy” projects for designers and contractors to deliver on IIJA’s promise,...
New Wittpenn Bridge Demonstrates the Criticality of Inspection
An estimated 178 million trips are taken across the nation’s more than 617,000 bridges, but approximately 7.5 percent of the nation’s bridges are considered structurally deficient, and 42 percent of all bridges are at least 50 years old. Considering recent incidents of bridge collapses in the news as well as the ‘C’ grade the American Society of Civil Engineers (ASCE) gives the nation’s bridge infrastructure, the criticality of bridge inspection can’t be understated. A prime example of an agi...
Getting Geotechnical: The Making, Shaking and Remaking of San Francisco’s Treasure Island
Treasure Island is a 400-acre artificial island in San Francisco Bay. San Francisco Bay’s Treasure Island—a flat, 400-acre, rather headstone-shaped island—is entirely artificial, “… constructed by emplacing 260,000 tons of quarried rock in the shoals for the island/causeway perimeter rock walls (a freshwater reservoir was quarried in the rock of Yerba Buena Island). Approximately 23 feet of dredged bay sand filled the interior, was mitigated from salt, and then 50,000 cubic yards of topsoi...
Future Forward: Engineers Are Going To Be Busy for a Long Time
This particular webcam interview was recorded by Todd Danielson, the editorial director of Informed Infrastructure. You can view a video of the full interview above or by visiting bit.ly/35UCpNl . These profiles are based on interviews, and the opinions and statements are those of the subject and are not necessarily shared or endorsed by this publication. Jay Rhame is the CEO and Portfolio Manager of Reaves Asset Management, an asset manager focused on utilities, infrastructure and...
Executive Corner: A Peek Inside the Latest Data-Valuation Trends
The latest valuation statistics from the recently released “A/E Business Valuation and M&A Transactions Study” reveals some interesting trends, including significantly higher valuation multiples for larger firms and higher equity values across the board due to improved profitability and stronger balance sheets. Table 1 illustrates overall enterprise values as a multiple of earnings before interest, taxes, depreciation and amortization (EBITDA) in 2021. The “minority interest valuation multipl...