HBG: joint venture design and build contract for longest US cable-stayed
Rijswijk, the Netherlands – Flatiron Structures [a subsidiary of HBG Constructors, Inc.] has acquired a joint venture design and build contract for a cable-stayed bridge over Cooper River between Charleston and Mount Pleasant¸ South Carolina.
When completed in 2005, the bridge will be the longest cable-stayed bridge in North America. The contract value amounts to US$531 million, of which 40% for HBG.
The new bridge will replace the two obsolete Cooper river bridges, built in 1929 and 1966. The new 1546-foot long main span will carry eight lanes of traffic. It has a navigation opening of 186 feet vertically and 1000 feet horizontally. The project also includes two miles of high level approaches up to 150 feet above the water, two 570 feet tall reinforced towers and interchanges in both Charleston and Mount Pleasant connecting I-26 and US 17 to the bridge.
Flatiron Structures will realise this project in joint venture with Tidewater, a subsidiary of Skanska. These joint venture partners are currently also undertaking the construction of Carolina Bays Parkway in Myrtle Beach, South Carolina for a contract value of US$245 million, of which 65% for HBG. Completion of Carolina Bays Parkway is scheduled for 2002.
For further information please contact:
Arno C. Pronk, telephone +31 70 3722121.