Real Estate Deals of the Year - Presidio Parkway
Nossaman is mentioned in the San Francisco Business Times' "Real Estate Deals of the Year" supplement for the Firm's involvement with the Presidio Parkway Project. The $1.1 billion project was selected as one of two winners in the Infrastructure/Public-Private Partnership category. The article notes that Presidio Parkway, the first transportation project to be procured under California's 2009 PPP statute, may serve as a model for how the region's most expensive infrastructure will be fixed in the future.
The article also notes that the new Presidio Parkway will have wider lanes, new safety features and run underground for some stretches.
This recognition is the latest in a number of industry awards honoring the Presidio Parkway Project, which is the fourth highway project in the United States developed using an availability payment structure.