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Parsons Awarded Lead Design Contract on $1.66B Honolulu Rail Project
ParsonsParsons(US:PSN) GlobeNewswire News Roomยท2024-08-20 20:05

Core Insights - Parsons Corporation has been appointed as the lead designer for the Honolulu Authority for Rapid Transportation's City Center Guideway and Stations Project, valued at $1.66 billion, in partnership with Tutor Perini Corporation [1][2] Group 1: Project Overview - The project involves the design and construction of six rail stations and approximately three miles of elevated rail guideway, starting from the Middle Street Transit Center Station to the Civic Center Station in downtown Honolulu [2] - Design work is set to commence in 2024, with construction expected to begin in the second half of 2025 and substantial completion anticipated by 2030 [2] Group 2: Company Positioning - Parsons Corporation is recognized as a leader in rail and transit design, emphasizing innovative approaches and a commitment to excellence in delivering solutions that meet client and community needs [2] - The company aims to create sustainable and efficient transportation systems that enhance connectivity and improve quality of life [2] Group 3: Company Background - Parsons Corporation operates in various sectors, including national security, global infrastructure, cyber and intelligence, space and missile defense, transportation, environmental remediation, urban development, and critical infrastructure protection [4]