Granite Selected for Approximately $72 Million Project in Capitola, California
Granite (NYSE:GVA) has been awarded an approximately $72 million contract by the California Department of Transportation (Caltrans) to build auxiliary lanes and bus-on-shoulder facilities on Highway 1 between Bay/Porter and State Park Drive in Capitola, California.
- Granite (NYSE:GVA) has been awarded an approximately $72 million contract by the California Department of Transportation (Caltrans) to build auxiliary lanes and bus-on-shoulder facilities on Highway 1 between Bay/Porter and State Park Drive in Capitola, California.
- Granite will recycle approximately 12,000 tons of existing asphalt and concrete into recycled aggregates and utilize approximately 88,000 tons of subbase & base from its local aggregate and recycled aggregate plants.
- “Our core values of excellence and safety will guide us to ensure minimal disruption to local traffic during construction.
- The project is planned to begin in September 2023 and is expected to be completed in Q3 2025.