PASADENA, Calif., Nov. 30, 2010 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that MLK Partners, a joint venture managed by Jacobs along with Jenkins/Gales & Martinez (JGM) and Jensen+Partners, received an award from the Los Angeles County Department of Public Works to provide construction management services for the revitalization of the Martin Luther King, Jr. (MLK) Medical Center in Los Angeles, Calif. The award is for two separate projects: the Inpatient Tower renovation and the construction of a new Multi-Service Ambulatory Care Center Building.
The overall program is budgeted at $355 million.
The scope of work for the Inpatient Tower renovation includes the demolition and remodeling of interior spaces in several existing hospital buildings, and the seismic and equipment upgrade of the campus' Central Plant. The project will also include the construction of a new 20,000 square foot Ancillary Building, housing a cafeteria and administrative support functions. This portion of the project is expected to be substantially completed in early 2013.
The scope of work for the Multi-Service Ambulatory Care Center Building involves the construction of a new, 130,000 square foot Ambulatory Care Center. This portion of the project is expected to be substantially completed in mid to late 2013.
In making the announcement, Jacobs Group Vice President Tom McDuffie stated, "We are proud to be part of the MLK Medical Center revitalization effort. It is a very important initiative that will provide critical services to the residents of South Los Angeles."
MLK Medical Center opened its doors as a County Hospital in 1972. In August 2007, MLK Medical Center stopped providing inpatient services. Since then, the County has been working to develop options to reopen inpatient services at the MLK Center and to revitalize the entire campus. In December 2009, the Los Angeles County Board of Supervisors approved a motion to fund the design and construction of new and renovated facilities at the Center.
Jacobs is one of the world's largest and most diverse providers of technical, professional, and construction services.
Any statements made in this release that are not based on historical fact are forward-looking statements. Although such statements are based on management's current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain. We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our 2010 Form 10-K, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations. We also caution the readers of this release that we do not undertake to update any forward-looking statements made herein.
