STOCK TITAN

AECOM selected as design partner for the Capital Line South Light Rail Transit Extension project in Alberta, Canada

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

AECOM (NYSE: ACM) has been selected as the design partner for Phase 1 of Edmonton's Capital Line South Light Rail Transit Extension project in Alberta, Canada. The project, subcontracted to Capital Line Design-Build , includes a 4.5-kilometer light rail extension from Century Park to north of Ellerslie Road, two new stations, and a light rail vehicle storage and maintenance facility.

As the design lead, AECOM will be responsible for infrastructure and systems design. The new line will feature an underpass at 23 Avenue, new bridges crossing Blackmud Creek and Anthony Henday Drive, and new stations at Twin Brooks and Heritage Valley North. AECOM's extensive experience in Canada, including their work on Edmonton's Valley Line project, positions them to deliver high-quality infrastructure design for the Capital Line South.

AECOM (NYSE: ACM) è stato selezionato come partner di design per la Fase 1 del progetto di estensione della linea leggera Capital Line South a Edmonton, in Alberta, Canada. Il progetto, subappaltato a Capital Line Design-Build, comprende un estensione della linea leggera di 4,5 chilometri da Century Park a nord di Ellerslie Road, due nuove stazioni e un impianto di stoccaggio e manutenzione dei veicoli della linea leggera.

In qualità di leader del design, AECOM sarà responsabile del design delle infrastrutture e dei sistemi. La nuova linea presenterà un sottopasso a 23 Avenue, nuovi ponti che attraversano Blackmud Creek e Anthony Henday Drive, e nuove stazioni a Twin Brooks e Heritage Valley North. La vasta esperienza di AECOM in Canada, compreso il loro lavoro sul progetto Valley Line di Edmonton, li posiziona per fornire un design di alta qualità per l'infrastruttura della Capital Line South.

AECOM (NYSE: ACM) ha sido seleccionado como socio de diseño para la Fase 1 del proyecto de extensión del tranvía ligero Capital Line South en Edmonton, Alberta, Canadá. El proyecto, subcontratado a Capital Line Design-Build, incluye una extensión de 4,5 kilómetros del tranvía ligero desde Century Park hasta al norte de Ellerslie Road, dos nuevas estaciones, y un almacén y centro de mantenimiento para vehículos del tranvía ligero.

Como líder de diseño, AECOM será responsable del diseño de infraestructura y sistemas. La nueva línea contará con un paso subterráneo en 23 Avenue, nuevos puentes que cruzan Blackmud Creek y Anthony Henday Drive, y nuevas estaciones en Twin Brooks y Heritage Valley North. La amplia experiencia de AECOM en Canadá, incluido su trabajo en el proyecto Valley Line de Edmonton, los posiciona para entregar un diseño de infraestructura de alta calidad para la Capital Line South.

AECOM (NYSE: ACM)은 캐나다 앨버타주 에드먼턴의 캐피탈 라인 사우스 경전철 연장 프로젝트 1단계의 디자인 파트너로 선정되었습니다. 이 프로젝트는 Capital Line Design-Build에 하청되며, 4.5킬로미터의 경전철 연장이 센츄리 파크에서 엘러슬리 로드 북쪽까지 포함되고, 새로운 두 개의 역경전철 차량 저장 및 유지 보수 시설이 포함됩니다.

디자인 리드로서 AECOM은 인프라 및 시스템 디자인을 책임지게 됩니다. 새로운 노선에는 23 애비뉴에 하부 통로가 있으며, 블랙머드 크릭과 앤서니 헨디 드라이브를 가로지르는 새로운 교량과 트윈 브룩스 및 헤리티지 밸리 노스에 새로운 역이 설치됩니다. 에드먼턴의 밸리 라인 프로젝트에서의 업무를 포함한 AECOM의 광범위한 캐나다 경험은 그들이 캐피탈 라인 사우스를 위한 고품질 인프라 디자인을 제공할 수 있도록 합니다.

AECOM (NYSE: ACM) a été sélectionné comme partenaire de conception pour la phase 1 du projet d'extension du tramway léger de la Capital Line South à Edmonton, en Alberta, Canada. Le projet, sous-traité à Capital Line Design-Build, comprend une extension de 4,5 kilomètres du tramway léger de Century Park au nord de la route Ellerslie, deux nouvelles stations et une installation de stockage et de maintenance des véhicules de tramway léger.

En tant que responsable de la conception, AECOM sera chargé de la conception des infrastructures et des systèmes. La nouvelle ligne comportera un passage inférieur à 23 Avenue, de nouveaux ponts traversant Blackmud Creek et Anthony Henday Drive, et de nouvelles stations à Twin Brooks et Heritage Valley North. L'expérience étendue d'AECOM au Canada, y compris son travail sur le projet Valley Line d'Edmonton, les positionne pour fournir une conception d'infrastructure de haute qualité pour la Capital Line South.

AECOM (NYSE: ACM) wurde als Entwurfspartner für die Phase 1 des Projekts zur Erweiterung der Capital Line South Light Rail Transit in Edmonton, Alberta, Kanada, ausgewählt. Das Projekt, das an Capital Line Design-Build vergeben wurde, umfasst eine 4,5 Kilometer lange Erweiterung der Straßenbahnlinie von Century Park bis nördlich der Ellerslie Road, zwei neue Stationen und eine Lager- und Wartungseinrichtung für Straßenbahnfahrzeuge.

Als Designverantwortlicher wird AECOM für die Infrastruktur- und Systemgestaltung verantwortlich sein. Die neue Linie wird einen Unterführung an der 23 Avenue, neue Brücken über den Blackmud Creek und die Anthony Henday Drive sowie neue Stationen in Twin Brooks und Heritage Valley North umfassen. AECOMs umfangreiche Erfahrung in Kanada, einschließlich ihrer Arbeit am Valley Line Projekt in Edmonton, versetzt sie in die Lage, hochwertiges Infrastrukturdesign für die Capital Line South zu liefern.

Positive
  • AECOM selected as design partner for a major light rail transit project in Edmonton
  • Project includes 4.5-kilometer light rail extension, two new stations, and a maintenance facility
  • AECOM's previous experience with Edmonton's transit projects strengthens their position
Negative
  • None.

Insights

The Capital Line South LRT Extension project represents a significant infrastructure development for Edmonton, enhancing urban mobility and potentially stimulating economic growth along the corridor. The 4.5-kilometer extension with two new stations and a maintenance facility will improve connectivity and capacity of the existing LRT system.

Key aspects of the project include:

  • Underpass construction at 23 Avenue
  • New bridges over Blackmud Creek and Anthony Henday Drive
  • Operations and maintenance facility

This project aligns with global trends in urban transit expansion, focusing on sustainable transportation solutions. The integration of LRT planning with land use activities suggests a holistic approach to urban development, which could lead to increased property values and development opportunities near the new stations.

While positive for AECOM's project pipeline, the long-term nature of infrastructure projects means immediate financial impact may be Investors should monitor project progress and potential for similar contracts in other markets.

Edmonton's Capital Line South LRT Extension is a strategic move in urban development, aligning with smart city initiatives worldwide. This project demonstrates a commitment to sustainable urban mobility, which can have far-reaching effects on city planning and quality of life.

Key implications include:

  • Potential for transit-oriented development around new stations
  • Reduced traffic congestion and carbon emissions
  • Improved accessibility, potentially boosting property values

AECOM's involvement in both the current project and previous Edmonton LRT initiatives showcases their expertise in integrated urban transit solutions. This continuity could lead to efficiencies in project execution and strengthen AECOM's position for future urban transit projects globally.

The project's focus on integrating LRT planning with land use activities is particularly noteworthy, as it suggests a comprehensive approach to urban development that could serve as a model for other cities. This holistic strategy could enhance AECOM's reputation as a leader in sustainable urban infrastructure design.

DALLAS--(BUSINESS WIRE)-- AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced that it will serve as the design partner subcontracted to Capital Line Design-Build Ltd., a member of the Ledcor Group, to deliver Phase 1 of the City of Edmonton’s Capital Line South Light Rail Transit Extension project. Located in Alberta, Canada, the project includes a 4.5-kilometer light rail extension from Century Park to north of Ellerslie Road, two new stations and a light rail vehicle storage and maintenance facility.

“We are excited to help realize this key infrastructure investment for the City of Edmonton, building on our multi-decade track record of delivering transformative urban light rail projects,” said Mark Southwell, chief executive of AECOM’s global Transportation business. “As the number one ranked transportation design practice by Engineering News-Record, our teams are industry leaders in tackling complex systems integration challenges for major transit expansions, and we look forward to applying learnings from our global expertise to enhance one of North America’s busiest light rail transit systems.”

As a design lead on the Capital Line Design-Build Ltd. team, AECOM will be responsible for infrastructure and systems design. The new line will be built along the west side of 111 Street with an underpass at 23 Avenue, new bridges crossing Blackmud Creek and Anthony Henday Drive and new stations at Twin Brooks and Heritage Valley North. This project will also include a new operations and maintenance facility, with a separate contractor delivering a new fleet of light rail vehicles.

“We are thrilled to continue our close partnership with the City of Edmonton, supporting its commitment to expanding sustainable transportation options that meet increasing demand for urban mobility choices for residents, employers and visitors,” said Richard Barrett, chief executive of AECOM’s Canada region. “Our extensive transportation experience in Canada — including our award-winning work on Edmonton’s recent Valley Line project — positions us uniquely to deliver high-quality infrastructure design for the Capital Line South.”

AECOM's previous work for the City of Edmonton includes developing a policy framework to integrate light rail transit planning with land use activities, producing Low Floor LRT Design Guidelines, and updating their High Floor LRT Design Guidelines. More recently the Company has served as the Owner’s Engineer supporting the Valley Line light rail transit project. This 27-kilometer urban light rail line is being developed in two phases — Southeast and West — which run from Mill Woods in the southeast, through downtown Edmonton to Lewis Farms in the west.

About AECOM
AECOM (NYSE: ACM) is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy, and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical and digital expertise, a culture of equity, diversity and inclusion, and a commitment to environmental, social and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of $14.4 billion in fiscal year 2023. See how we are delivering sustainable legacies for generations to come at aecom.com and @AECOM.

Forward-Looking Statements
All statements in this communication other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including any statements of the plans, strategies and objectives for future operations, profitability, strategic value creation, capital allocation strategy including stock repurchases, risk profile and investment strategies, and any statements regarding future economic conditions or performance, and the expected financial and operational results of AECOM. Although we believe that the expectations reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include, but are not limited to, the following: our business is cyclical and vulnerable to economic downturns and client spending reductions; potential government shutdowns or other funding circumstances that may cause governmental agencies to modify, curtail or terminate our contracts; losses under fixed-price contracts; limited control over operations that run through our joint venture entities; liability for misconduct by our employees or consultants; failure to comply with laws or regulations applicable to our business; maintaining adequate surety and financial capacity; potential high leverage and inability to service our debt and guarantees; ability to continue payment of dividends; exposure to political and economic risks in different countries, including tariffs, geopolitical events, and conflicts; currency exchange rate and interest fluctuations; retaining and recruiting key technical and management personnel; legal claims; inadequate insurance coverage; environmental law compliance and adequate nuclear indemnification; unexpected adjustments and cancellations related to our backlog; partners and third parties who may fail to satisfy their legal obligations; managing pension costs; AECOM Capital real estate development projects; cybersecurity issues, IT outages and data privacy; risks associated with the benefits and costs of the sale of our Management Services and self-perform at-risk civil infrastructure, power construction and oil and gas businesses, including the risk that any purchase adjustments from those transactions could be unfavorable and result in any future proceeds owed to us as part of the transactions could be lower than we expect; as well as other additional risks and factors that could cause actual results to differ materially from our forward-looking statements set forth in our reports filed with the Securities and Exchange Commission. Any forward-looking statements are made as of the date hereof. We do not intend, and undertake no obligation, to update any forward-looking statement.

Media Contact:

Brendan Ranson-Walsh

Senior Vice President, Global Communications

1.213.996.2367

Brendan.Ranson-Walsh@aecom.com

Investor Contact:

Will Gabrielski

Senior Vice President, Finance, Treasurer

1.213.593.8208

William.Gabrielski@aecom.com

Source: AECOM

FAQ

What is the scope of AECOM's role in the Capital Line South LRT Extension project (ACM)?

AECOM (ACM) will serve as the design partner, responsible for infrastructure and systems design for the 4.5-kilometer light rail extension, including two new stations and a maintenance facility.

Where will the new Capital Line South LRT Extension be built in Edmonton (ACM)?

The new line will be built along the west side of 111 Street, extending from Century Park to north of Ellerslie Road, with new stations at Twin Brooks and Heritage Valley North.

What are the key features of the Capital Line South LRT Extension project in Edmonton (ACM)?

Key features include an underpass at 23 Avenue, new bridges crossing Blackmud Creek and Anthony Henday Drive, two new stations, and a light rail vehicle storage and maintenance facility.

How does AECOM's previous experience benefit the Capital Line South LRT project (ACM)?

AECOM's extensive transportation experience in Canada, including their award-winning work on Edmonton's Valley Line project, positions them uniquely to deliver high-quality infrastructure design for the Capital Line South.

Aecom

NYSE:ACM

ACM Rankings

ACM Latest News

ACM Stock Data

13.78B
134.07M
0.48%
90.71%
1.48%
Engineering & Construction
Services-engineering Services
Link
United States of America
DALLAS