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Granite Announces Caldwell Avenue Interchange Reconstruction Project on SR99 in Visalia, California

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Granite (NYSE:GVA) has secured a $66 million contract from Caltrans for reconstructing the Caldwell Avenue interchange on SR99 in Visalia, California. The project, funded by state and federal sources, will be included in Granite's first-quarter CAP.

The scope encompasses construction of two new precast girder bridges: a two-span structure over SR99 and a single-span structure over UPRR tracks. The project includes building 12 retaining walls and four new on/off ramps with roundabouts. Additionally, 216,000 cubic yards of import borrow will be used for embankment widening.

Construction is scheduled to begin in August 2025 and complete in Q2 2027. The project also includes drainage system upgrades, pavement delineation, roadside signage, and highway electrical improvements.

Granite (NYSE:GVA) ha ottenuto un contratto di 66 milioni di dollari da Caltrans per la ricostruzione dello svincolo di Caldwell Avenue sulla SR99 a Visalia, California. Il progetto, finanziato da fonti statali e federali, sarà incluso nel CAP del primo trimestre di Granite.

Il progetto prevede la costruzione di due nuovi ponti in travi prefabbricate: una struttura a due campate sopra la SR99 e una struttura a campata singola sopra i binari UPRR. Include anche la costruzione di 12 muri di contenimento e quattro nuove rampe di ingresso/uscita con rotatorie. Inoltre, saranno utilizzati 216.000 iarde cubiche di materiale di riporto per l'allargamento del terrapieno.

La costruzione è programmata per iniziare a agosto 2025 e completarsi nel secondo trimestre del 2027. Il progetto include anche aggiornamenti al sistema di drenaggio, delimitazione della pavimentazione, segnaletica stradale e miglioramenti elettrici autostradali.

Granite (NYSE:GVA) ha conseguido un contrato de 66 millones de dólares de Caltrans para reconstruir el intercambio de Caldwell Avenue en la SR99 en Visalia, California. El proyecto, financiado por fuentes estatales y federales, se incluirá en el CAP del primer trimestre de Granite.

El alcance abarca la construcción de dos nuevos puentes de vigas prefabricadas: una estructura de dos tramos sobre la SR99 y una estructura de un solo tramo sobre las vías de UPRR. El proyecto incluye la construcción de 12 muros de contención y cuatro nuevas rampas de entrada/salida con rotondas. Además, se utilizarán 216,000 yardas cúbicas de material de préstamo importado para el ensanchamiento del terraplén.

La construcción está programada para comenzar en agosto de 2025 y completarse en el segundo trimestre de 2027. El proyecto también incluye mejoras en el sistema de drenaje, delineación del pavimento, señalización en la carretera y mejoras eléctricas en la autopista.

Granite (NYSE:GVA)는 캘리포니아 비살리아의 SR99에서 Caldwell Avenue 인터체인지 재건을 위해 Caltrans로부터 6,600만 달러 계약을 체결했습니다. 이 프로젝트는 주 및 연방 자금으로 지원되며 Granite의 1분기 CAP에 포함될 예정입니다.

범위에는 두 개의 새로운 프리캐스트 거더 교량 건설이 포함됩니다: SR99 위의 두 경간 구조물과 UPRR 선로 위의 단일 경간 구조물입니다. 프로젝트에는 12개의 옹벽과 4개의 새로운 진입/출구 램프 및 원형 교차로 건설이 포함됩니다. 또한, 216,000 세제곱 야드의 수입 흙이 제방 확장을 위해 사용될 것입니다.

건설은 2025년 8월에 시작되어 2027년 2분기에 완료될 예정입니다. 이 프로젝트에는 배수 시스템 업그레이드, 포장 경계 설정, 도로 표지판 및 고속도로 전기 개선도 포함됩니다.

Granite (NYSE:GVA) a obtenu un contrat de 66 millions de dollars de Caltrans pour la reconstruction de l'échangeur de Caldwell Avenue sur la SR99 à Visalia, Californie. Le projet, financé par des sources étatiques et fédérales, sera inclus dans le CAP du premier trimestre de Granite.

Le périmètre comprend la construction de deux nouveaux ponts en poutres préfabriquées : une structure à deux travées au-dessus de la SR99 et une structure à travée unique au-dessus des voies UPRR. Le projet comprend également la construction de 12 murs de soutènement et de quatre nouvelles rampes d'accès/sortie avec des ronds-points. De plus, 216 000 verges cubes de terre importée seront utilisées pour l'élargissement du remblai.

La construction devrait commencer en août 2025 et se terminer au deuxième trimestre 2027. Le projet comprend également des améliorations du système de drainage, de la délimitation de la chaussée, de la signalisation routière et des améliorations électriques sur la route.

Granite (NYSE:GVA) hat einen Vertrag über 66 Millionen Dollar von Caltrans für den Wiederaufbau der Caldwell Avenue-Anschlussstelle an der SR99 in Visalia, Kalifornien, erhalten. Das Projekt, das durch staatliche und bundesstaatliche Mittel finanziert wird, wird im CAP von Granite für das erste Quartal enthalten sein.

Der Umfang umfasst den Bau von zwei neuen Fertigteilträgerbrücken: einer zweigelenkigen Struktur über der SR99 und einer einschiffigen Struktur über den UPRR-Gleisen. Das Projekt umfasst auch den Bau von 12 Stützmauern und vier neuen Ein-/Ausfahrten mit Kreisverkehren. Darüber hinaus werden 216.000 Kubikmeter an importiertem Material für die Verbreiterung des Damms verwendet.

Der Bau soll im August 2025 beginnen und im 2. Quartal 2027 abgeschlossen sein. Das Projekt umfasst auch Verbesserungen des Entwässerungssystems, der Fahrbahnmarkierung, der Straßenschilder und der elektrischen Infrastruktur der Autobahn.

Positive
  • Secured $66M contract from Caltrans
  • Project creates synergy with nearby 2025 Tulare pavement rehabilitation project
  • Contract adds to first-quarter CAP
Negative
  • None.

WATSONVILLE, Calif.--(BUSINESS WIRE)-- Granite (NYSE:GVA) has been awarded an approximately $66 million contract by the California Department of Transportation (Caltrans) for an infrastructure project that will enhance the Caldwell Avenue interchange located on SR99 in Visalia, California. Project funding comes from state and federal sources and will be included in Granite’s first-quarter CAP.

The project scope includes the construction of two new precast girder bridges: a two-span structure over SR99 and a single-span structure over the UPRR tracks. Additionally, 12 new retaining walls will be built, featuring cast-in-place concrete, mechanically stabilized earth (MSE) walls, and soldier pile walls with timber lagging. To further enhance accessibility, four new on/off ramps will be constructed, with traffic being controlled by new roundabouts at each set of ramps.

“Our team is committed to enhancing infrastructure and improving safety for our community and the traveling public,” said Jeff Grimm, Granite Area Manager. “This project is near another pavement rehabilitation project in Tulare that will be working on in 2025 creating synergies between the two projects.”

Approximately 216,000 cubic yards of import borrow will be used to widen the embankments for the expanded roadways on either side of the new bridges. The project also includes upgrades to drainage systems, installation of pavement delineation and roadside signage, and replacement of highway electrical items.

Construction is expected to begin in August 2025 and be completed in Q2 2027.

About Granite

Granite is America’s Infrastructure Company™. Incorporated since 1922, Granite (NYSE:GVA) is one of the largest diversified construction and construction materials companies in the United States as well as a full-suite civil construction provider. Granite’s Code of Conduct and strong Core Values guide the Company and its employees to uphold the highest ethical standards. Granite is an industry leader in safety and an award-winning firm in quality and sustainability. For more information, visit the Granite website, graniteconstruction.com, and connect with Granite on LinkedIn, X, Facebook, and Instagram.

Granite Contacts

Media

Erin Kuhlman 831-768-4111

Investors

Wenjun Xu - 831-761-7861

Source: Granite

FAQ

What is the value of Granite's Caldwell Avenue interchange contract on SR99?

Granite (GVA) secured a $66 million contract from Caltrans for the Caldwell Avenue interchange reconstruction project in Visalia, California.

When will Granite (GVA) begin construction on the Visalia SR99 interchange project?

Construction is scheduled to begin in August 2025 and will be completed in Q2 2027.

What are the main components of GVA's Caldwell Avenue interchange project?

The project includes two new precast girder bridges, 12 retaining walls, four new on/off ramps with roundabouts, and 216,000 cubic yards of embankment widening.

How is the Granite (GVA) Caldwell Avenue interchange project being funded?

The project is funded through state and federal sources and will be included in Granite's first-quarter CAP.

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