In today’s construction news, we will look into New York’s $20 billion factory that will be built by chipmaker Micron. A block party at Vista Green to start building back affordable housing. The K Line grand opening will be on the weekend, and the first phase will be on Friday at noon. NFP’s North American Construction & Infrastructure practice named their co-leaders.
Micron to build $20 billion N.Y. factory amid semiconductor boom
Original Source: Chipmaker Micron to build $20 billion N.Y. factory amid semiconductor boom
Micron announced it will invest $20 billion in a new chip facility in Upstate New York and up to $100 billion over 20 years if it decides to expand.
Micron will establish a facility in Clay, N.Y., north of Syracuse, with the first phase lasting through the end of the decade. If Micron keeps developing, the location may have four plants and 9,000 workers.
The latest in a succession of U.S. chip-production developments has been announced in recent months as manufacturers take advantage of $52 billion in federal subsidies and tax credits authorized in the recent Chips and Science Act.
“Never gamble against the American people,” Biden urged in a statement Tuesday.
Micron just unveiled a new factory near its headquarters in Boise, Idaho. Intel broke ground this month on a $20 billion proposal to build two plants near Columbus, Ohio. The company invests $20 billion in Arizona.
TSMC, the world’s largest chipmaker, is developing a $12 billion facility in Phoenix. SkyWater Technology is establishing a chip plant and research facility near Purdue University in Indiana. Samsung and Texas Instruments have announced big chip-making construction projects in Texas.
Most corporations said federal subsidies prompted them to invest.
Semiconductors are in short supply due to rising worldwide demand and a shortage of investors ready to build multibillion-dollar plants. Lack of supply has forced automakers and other chip users to curtail manufacturing.
Asia’s decades-long subsidies have given Taiwan and South Korea a major share of global chip manufacturing. U.S. manufacture of the components has fallen drastically over the years, leaving the U.S. increasingly dependent on Asia, notably Taiwan, for its chips. This dependency worries U.S. officials as tensions between Taiwan and China escalate.
The construction boom could reverse this tendency. Finding enough engineers and technicians to staff the projects is a challenge.
Georgetown University’s Center for Security and Emerging Technology estimates that 30,000 high-tech workers will be needed for all planned manufacturing initiatives.
The Chips and Science Act contains financing to teach personnel to run the facilities, and semiconductor makers, universities, and community colleges are scaling up training programs.
Micron’s VP of worldwide operations, Manish Bhatia, said the area’s huge number of former military personnel with strong technological abilities attracted the company.
“Syracuse has a lot of veterans,” he remarked. Our veteran talent is a great foundation.
Micron will cooperate with New York state institutions and community colleges to expand semiconductor courses and hands-on training.
The Micron project will boost Upstate New York’s economy, with the business predicting 50,000 construction and supplier jobs.
New York will provide Micron $5.5 billion in tax credits if it meets employment requirements.
Senate Majority Leader Charles E. Schumer (D-N.Y.) called Micron’s initiative the greatest private investment in the state’s history.
Schumer said Micron chose the site because it’s near a cheap hydropower plant near Niagara Falls.
Schumer: “Today’s transformational.” The Erie Canal moment. As the Erie Canal generated job development and prosperity in the 19th century, so will these investments in the 21st.
Tonight’s block party kicks off new affordable housing in Holland
Original Source: Construction on new Holland affordable housing development kicks off tonight with block party
Lakeshore Habitat for Humanity is hosting a block party tonight at Vista Green to start building affordable homes.
On Tuesday, Oct. 4, from 6 to 8 p.m. at 285 W. 36th St., Lakeshore Habitat and Jubilee Ministries are developing Vista Green in Holland.
Don Wilkinson, executive director of Lakeshore Habitat for Humanity, stated, “Why not kick off this new neighborhood with a block party and begin developing that community.”
Lakeshore Habitat hosts a community block party to educate neighbors and supporters about affordable housing and how to become involved.
Lakeshore Habitat planned to build 18 houses and 24 townhouses in October. First time homeowners are expected around spring 2023.
The Vista Green Development is Habitat’s “largest-to-date” housing development and will serve people earning 30-80% of the region’s median income for Habitat houses, and Jubilee will serve those earning 80-120% for its townhomes.
Lakeshore Habitat swapped gala clothes for family fun tonight. It replaces the Heart of Habitat Fall Fundraising Dinner. 5 p.m. is Lakeshore Habitat’s informal reception. $40 gets you drinks, snacks, supper, and raffle tickets.
Lakeshore Habitat says this year’s contributions will help develop the community and house 18 families.
The 18 houses cost $3.9 million, according to the nonprofit. Jubilee Ministries reported that 24 townhouses would cost $5.5 million.
Many of us have fond memories of neighborhood block parties, Wilkinson added. “Our goal for Vista Green is a community where kids play in the common space, families host BBQs, and neighbors encourage each other”
Championship Martial Arts performs at 7 p.m. Guests can see a magician, visit the Outdoor Discovery Center animals, play carnival games, construct with Legos, and more.
The community can also buy $10 raffle tickets (15 for $100) to win prizes.
The K Line opens this weekend
Original Source: Join us for the grand opening of the K Line this weekend!
The first phase of the K Line opens Friday, October 7 at noon.
The whole Metro bus, train, and bike system will be free Friday through Sunday, Oct. 9 to commemorate our newly expanded transit network.
USC football at the Coliseum on Saturday, Rams-Cowboys at SoFi on Sunday, CicLAvia in downtown L.A. on Sunday, and LAFC-Nashville at Banc of California Stadium at Exposition Park on Sunday.
You can ride the Metro for free to the K Line corridor to try out the new train.
We’re thrilled to ride your new train.
Crenshaw Corridor rail transit has been discussed since the 1940s. No typo. L.A. County voters adopted Measure R in 2008 to fund various projects, including the K Line.
First K Line leg serves Crenshaw Corridor, Inglewood, and Westchester. The K Line will speed up transit, improve capacity, and be a vital first step toward a rail route from Torrance to LAX to the Crenshaw Corridor to West Hollywood and Hollywood. Here’s more.
We know readers are interested in the K Line’s inaugural weekend, so let’s get to it:
On Friday, the first seven K Line stations between Expo/Crenshaw and Westchester/Veterans opened. K Line trains start at 12:00. Seven new K Line stations are open. Opening weekend may see lines, especially if service begins on Friday.
The K Line Fest at Leimert Park Plaza will be held from noon to 6 p.m. on Friday. It will feature live music and dance from local artists, food, and booths from agencies and groups, including Metro. See the lineup here.
Commemorative K Line TAP cards will be $2 starting Friday at K Line stations and Metro Customer Centers. Right: a design.
Taking the E Line between downtown Los Angeles and Santa Monica will get you to the K Line. Lines 40, 108, 111, and 210 link to the K Line. We recommend utilizing the Transit app or metro.net to plan your transit route.
Shuttle buses will connect K Line’s Westchester/Veterans Station with C Line’s Aviation Station. The shuttle bus will start running Oct. 7 during K Line hours. C Line Aviation Station offers shuttles to all LAX terminals.
The K Line will run every 10 minutes during weekday rush hours, every 12 minutes off-peak and on weekends, and every 20 minutes before 8 p.m. Timetable:
We’ll run a shuttle between the K Line and SoFi Stadium for Rams and Chargers games later this NFL season and for the 2023 College Football National Championship game. At every Rams and Chargers game, we’ll run the SoFi shuttle from Hawthorne/Lennox Station to SoFi. When the K Line’s SoFi shuttle begins service, we’ll post on our blog and on Metro’s social channels.
The K Line is a terrific way to get to Saturday’s Taste of Soul between Barack Obama Boulevard and Stocker Street. The K Line is a convenient way to avoid traffic and parking at Taste of Soul. Use K Line Expo/Crenshaw, MLK Jr., or Leimert Park or E (Expo) Line Expo/Crenshaw.
First K Line segment opens. Nope!
Aviation/Century Station on the K Line will open in 2023 with a C (Green) Line connection.
The LAX/Metro Transit Center Station will open in 2024 at Aviation and 96th. This station will be the transition point between Metro and the LAX Automated People Mover.
The station’s construction involves the new K Line tracks, so we can’t connect it to Aviation/Century and the C Line yet. We desire safe, fast work.
This K Line leg is the start of a larger north-south rail line. The C Line extension to Torrance, the K Line extension to Wilshire Boulevard, the D Line, West Hollywood, and the B Line in Hollywood are all in the environmental research phase. Long-term plans. Voters in L.A. County approved sales tax measures in 2008 and 2016 to fund both projects.
The K Line pioneered three significant Metro programs. Our Business Interruption Fund and Business Solutions Center benefited local businesses during construction. Our Project Labor Agreement enabled locals to gain jobs building the K Line, launching numerous careers.
The $2.2-billion K Line project broke ground in 2014, and work has been a slog, as is typically the case with huge infrastructure projects.
We appreciate the patience, support, and oversight of homeowners and businesses along the rail line. The K Line will carry tens of millions of people in the future. The rail line will connect our region to the world through LAX.
Please celebrate Southern California’s win. We want everyone on board.
NFP named construction and infrastructure practice co-leaders
Original Source: NFP names co-leaders for North America construction and infrastructure practice
David Bowcott and Adrian Pellen will co-lead NFP’s North American Construction & Infrastructure Group. Bowcott and Pellen will provide construction and surety services for complicated national and cross-border projects.
Bowcott joins NFP from Aon, where he was Global Building and Infrastructure CCO. Before joining Aon, he was the Toronto surety department manager and regional manager for Marsh Canada. Bowcott is a Canadian Construction Association and Institute of Asset Management board member. He advises built-environment VCs and tech entrepreneurs. Toronto-based.
Pellen joins the organization from Marsh, where he headed building infrastructure in the US and Canada. He was Aon’s infrastructure director before joining Marsh. Pellen is a member of IPFA’s US Branch Council. Chicago-based.
Both will report to NFP’s EVP of P& C, Henry Lombardi.
Doug Hammond, chairman and CEO of NFP, said last year’s Infrastructure Investment and Jobs Act guaranteed enormous construction spending over the next decade and beyond. “This is excellent news for the construction sector, but it comes with risks that can compromise project success and profitability.” Appointing these two industry professionals and developing an integrated NFP North America construction and infrastructure division increases our market position and ability to help clients negotiate complexity and preserve assets.
“We’re pleased to welcome David and Adrian to NFP as we become the foremost risk-control-driven insurance broker,” Lombardi added. These hires provide unrivaled complex project risk advisory talent and strengthen our cross-border North America strategy focused on developing P&C and benefits knowledge. These developments solidify NFP’s position as a destination of choice in the construction brokerage business and complement our objective of giving an outstanding insured experience.
Summary of today’s construction news
Overall, we discussed that Micron will be building a new chip factory in N.Y. with a $20 billion investment, potentially going up to $100 billion if they decide to expand in the future. Tonight, at Vista Green, Lakeshore Habitat for Humanity will be throwing a block party to celebrate the beginning of the construction of affordable homes. The K Line’s grand opening will be on the weekend, and metro buses, trains, and bikes will be free Oct. 7-9 to celebrate the expansion of the transit network. NFP’s North American Construction & Infrastructure Group is led by David Bowcott and Adrian Pellen.