News: Long Island

Parsons Brinckerhoff provides alternatives analysis for Rte. 110

Parsons Brinckerhoff has been awarded a contract by the town to conduct an alternatives analysis for Rte. 110 within the towns of Babylon and Huntington. The purpose of the study is to evaluate transportation demand in the Rte.110 corridor, manage congestion, maximize environmental benefits, and enhance economic competitiveness. The alternatives analysis will build upon previous studies—including Suffolk County executive Steven Bellone's Connect Long Island Plan and the Suffolk County Bus Rapid Transit (BRT) Feasibility Study—to select a locally preferred alternative to advance to project development and review by the Federal Transit Administration (FTA). The Connect Long Island Plan envisions growing regional employment centers and walkable mixed-use transit-oriented developments linked by the Long Island Rail Road, as well as high-quality north-south mass transit connections. The Rte. 110 corridor is one of the key economic engines on Long Island as it employs approximately 10 percent of the Island's workforce and is home to corporate headquarters, major technology firms, educational institutions, research facilities, and retail centers. However, the corridor's future success is currently at risk as traffic volumes and congestion continue to increase, its auto-centered development patterns become less attractive to employers and residents, and competition from other business centers and corridors in the region continues to grow. Parsons Brinckerhoff will provide overall project management for the alternatives analysis and will lead the transportation planning and engineering, conceptual design, development of financing strategies, economic analyses, and public outreach components of the project. The firm will also be responsible for quality assurance/quality control activities and coordination with the FTA.
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Columns and Thought Leadership
The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.