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Spring 2018
The Construction Zone

Mission Viejo Unveils Marguerite Aquatics Complex $11 Million Renovation
The City of Mission Viejo's Marguerite Aquatics Complex re-opened last weekend to more than 1000 eager residents and aquatic athletes. The comprehensive $11 million renovation solidifies the City facility's position as one of the premier swim and dive training facilities on the west coast. Learn More >
Griffin-Managed Projects Receive

Over the years, Griffin is proud to have been involved in the delivery of dozens of projects recognized by several industry associations. Here we've featured some recent award-winning projects . 

Quartz Hill Library, a Griffin-led project delivered through a public-private partnership (P3) with the County of Los Angeles Public Library, was named a 2018 Project Achievement Award winner by the Construction Management Association of America (CMAA) Southern California Chapter. The LEED ® Gold project was also recognized by the American Public Works Association (APWA) Southern California Chapter and has been nominated for a National APWA award.

State Honors: Following local branch and regional section awards, the Huntington Beach Senior Center in Central Park was named California's Outstanding Community Improvement Project of the Year by Region 9 of the American Society of Civil Engineers (ASCE). The Center was also recognized last year by the California Park and Recreation Society.

In addition to Quartz Hill Library, another APWA/Southern California BEST (Building Excellence|Shaping Tomorrow) Project of the Year honor went to Irvine’s Quail Hill Community Center.
Hawthorne’s Bicentennial Park, a project with nonprofit The Trust for Public Land, was also recognized by APWA's Southern California chapter.

ASCE's Orange County Branch honored Mackay Park, City of Cypress, with its Small Project of the Year award.
Griffin served on the project management team for the Anaheim Convention Center expansion which was recognized by APWA's Southern California Chapter and ASCE's Orange County Branch.

The Public-Private Partnership (P3)

A Design-Build-Finance Solution

Traditionally used for infrastructure and revenue-generating projects, the public-private partnership (P3) delivery model is becoming more popular as a cost-effective delivery method for all types of public facilities, including social infrastructure projects.

At a time when many public agencies lack the near-term capital resources to adequately address increasing program and facility needs, P3s present a viable alternative to meet constituent demands and the need to update, expand or replace existing facilities. In some cases, the cost of a new facility may be less than the cost to maintain or upgrade aging facilities.

A P3 agreement calls for the private sector partner to design, build and finance a facility. In some instances, the private partner may also be responsible for operating and/or maintaining a facility.

Like integrated project delivery (IPD), in that early collaboration and mutual goals result in lower costs and greater budget and schedule certainty, the private partner is ultimately responsible for all aspects of delivery.

Financing can take several forms, from developer-financed projects to lease/leasebacks to tax-exempt bond issues. To ensure new facilities are maintained throughout the building life cycle, and especially during times of fiscal challenges, ongoing maintenance costs can be incorporated into the financing mechanism.

There is no one-size-fits-all contractual structure. P3 agreements are customized to meet community needs and budgets, making the delivery method a viable option for most agencies.
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