STOCK TITAN

Bowman Announces Major Infrastructure Openings for the Continuing Build Out of SDSU Mission Valley

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Bowman Consulting Group Ltd. (NASDAQ: BWMN) announced the successful completion of three new phase one infrastructure milestones at San Diego State University Mission Valley. The improvements include:

  • Rerouting San Diego Mission Drive with a new roundabout.
  • Opening a roundabout to connect future residential and retail areas with the planned innovation district.
  • Enhancing accessibility at the Green Line Stadium Trolley Station.

These developments will support community access to Snapdragon Stadium and the innovation district, which includes mixed-use residential and retail spaces. Construction administration for the river park is ongoing, following the company's previous work on the $310 million Snapdragon Stadium, opened in September 2022. The firm emphasizes its capability in providing extensive civil engineering and related services.

Positive
  • Successful completion of three phase one infrastructure milestones at SDSU Mission Valley.
  • Enhancements improve access to Snapdragon Stadium and future mixed-use developments.
  • Continued collaboration with SDSU showcases the company's engineering expertise.
Negative
  • None.

RESTON, Va.--(BUSINESS WIRE)-- Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN) announced today the completion of three, new phase one infrastructure milestones at San Diego State University - Mission Valley (SDSU Mission Valley). The company’s wholly owned Project Design Consultants subsidiary (collectively with the Company, “Bowman”), provided civil engineering, land surveying, landscape architecture, grading and improvement plans, permitting, design and construction management on the newly opened features, in addition to site infrastructure design and engineering for the overall master plan.

The newly completed improvements include: (1) the rerouting of San Diego Mission Drive on the northern side of SDSU Mission Valley via the installation of a new roundabout; (2) the opening of a roundabout southeast of the new multi-use Snapdragon Stadium which will connect future residential and retail areas with the site’s planned innovation district; and (3) major multimodal improvements including new ramp accessibility at the Green Line Stadium Trolley Station on site, which connects SDSU Mission Valley to downtown San Diego and out to Santee, including the SDSU campus located in the College Area .

These project components will provide the community with three improved ways of entry into SDSU Mission Valley and Snapdragon Stadium and are critical to the next phase of site development. The development includes mixed-use residential and retail, an innovation district with a mix of research, lab and office space, and the river park, to feature 34-acres of active and passive parks with multi-use fields, biking and pedestrian trails. Bowman continues to provide construction administration services for the river park and as-needed civil engineering support for the build-out of SDSU Mission Valley.

“As our recent projects can attest, we are well into providing the infrastructure needed for the successful development of phase one of SDSU’s master plan,” said Martin Jones, PE, senior project manager at Bowman. “Working with the university, and our construction partners, on this momentous project has employed all facets of our team’s expertise from civil engineering, design and planning to survey and landscape architecture. It’s gratifying to be part of the exciting future of Mission Valley.”

Additional work continues on an at-grade trolley crossing and new road connecting Fenton Parkway to the river park and River Park Road at the southwest corner of the site.

Previously, the firm was the prime consultant with Clark Construction on the development of SDSU’s Snapdragon Stadium managing all civil engineering and landscape design. The new $310 million stadium opened in September 2022.

About Bowman Consulting Group Ltd.: Headquartered in Reston, Virginia, Bowman is an engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment. With 1,650 employees and 70 offices throughout the United States, Bowman provides a variety of planning, engineering, geospatial, construction management, commissioning, environmental consulting, land procurement and other technical services to customers operating in a diverse set of regulated end markets. Bowman trades on the Nasdaq under the symbol BWMN. For more information, visit bowman.com or investors.bowman.com.

Jennifer Kamienski, 201.519.4536

jkamienski@bowman.com

Source: Bowman Consulting

FAQ

What infrastructure milestones were completed by Bowman Consulting at SDSU Mission Valley?

Bowman Consulting completed three phase one infrastructure milestones including rerouting San Diego Mission Drive, opening a new roundabout, and enhancing accessibility at the Green Line Stadium Trolley Station.

How does the new infrastructure impact access to Snapdragon Stadium?

The new infrastructure provides improved access to Snapdragon Stadium and supports future residential and retail developments in the area.

What is the significance of Bowman's work on the SDSU project?

Bowman's work is crucial for the successful development of the SDSU Mission Valley site, contributing to community accessibility and future mixed-use spaces.

When was the Snapdragon Stadium completed?

The Snapdragon Stadium was completed and opened in September 2022.

Bowman Consulting Group Ltd.

NASDAQ:BWMN

BWMN Rankings

BWMN Latest News

BWMN Stock Data

372.84M
18.21M
18.56%
56.99%
2.82%
Engineering & Construction
Services-management Consulting Services
Link
United States of America
RESTON