|By PR Newswire||
|August 4, 2014 12:56 PM EDT||
MIAMI, Aug. 4, 2014 /PRNewswire/ -- Meridiam is pleased to announce the successful opening of the Port of Miami Tunnel Project in Florida. Financial close was previously achieved on October 15, 2009, making Meridiam a 90% shareholder in the project alongside Bouygues Travaux Publics. Florida utilized the public-private partnership model to complete the tunnel, and the project was jointly tendered by the Florida Department of Transportation (FDOT), Miami-Dade County, and the City of Miami, representing an overall investment of $US 903 million.
The Port of Miami Tunnel Project consisted of three components: the tunnel connection between Watson Island and Port of Miami; linkages to the Port of Miami roadway system; and a widening of the MacArthur Causeway Bridge. The tunnel structure is comprised of two tubes with a diameter of 36 feet, each containing two traffic lanes, curbs, walkways, ventilation fans, and additional safety features. Through connecting Watson Island and the Port of Miami beneath Government Cut, which is the main shipping channel in Biscayne Bay, it will help move traffic eastbound to and westbound from the Port. Furthermore, by connecting MacArthur Causeway to the Port of Miami, this project will serve as a dedicated roadway linking Port facilities with Florida's Interstate System. The tunnel is expected to divert 16,000 vehicles daily from downtown Miami by providing a direct link to Interstate 95 and State Road 836, which connects to Miami International Airport. Before the construction of the tunnel, the only accessible entryway to the port was through Port Boulevard, which caused heavy traffic and congestion for cargo trucks and cruise ships.
The completion of the project is tied to strong economic benefits to the community. Since the project started in May 2010, Florida's economy has strengthened due to the hiring of 968 people, with more than 80% of those employees being Miami-Dade residents. Going forward, in addition to traffic decongestion, inefficiencies will be reduced as there are now two dedicated lanes connecting Miami International Airport and Interstate 95 to the Port. The tunnel will make downtown streets safer, reduce traffic and will aid ongoing and future development in and around downtown Miami. As part of the project's sustainability initiative, the tunnel will reduce idle vehicle time as well as cut the amount of vehicle emissions by allowing for more efficient travel to and from the port.
The creation of the tunnel also provides another entry point besides the existing Port Bridge, which will maintain Port of Miami as the community's second largest economic generator, with more opportunities for national and global growth. As a result, Miami will become an even more attractive destination by which to exit or enter the U.S. market.
Thierry Deau, Chairman and CEO of Meridiam, states, "The Port of Miami was Meridiam's first PPP project in the U.S. and I am happy to be a part of it. Public-private partnerships represent an innovative method of delivering much needed infrastructure solutions to U.S. communities. In this case, Miami will become an even more attractive destination for tourists and commerce alike. Jobs have been created and needed logistical capacity was enhanced."
Current additional Meridiam projects in North America include, the Long Beach Courthouse, the Presidio Parkway, the North Tarrant Express Motorway, and the Waterloo Canada Region Light Rail Transit Project.
Founded in 2005, Meridiam is a leading independently owned, global investor and asset manager specializing in public and community infrastructure.
SYS-CON Events announced today Isomorphic Software, the global leader in high-end, web-based business applications, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Isomorphic Software is the global leader in high-end, web-based business applications. We develop, market, and support the SmartClient & Smart GWT HTML5/Ajax platform, combining the productivity and performance of traditional desktop software ...
Dec. 19, 2014 05:30 PM EST Reads: 544
The cloud is becoming the de-facto way for enterprises to leverage common infrastructure while innovating and one of the biggest obstacles facing public cloud computing is security. In his session at 15th Cloud Expo, Jeff Aliber, a global marketing executive at Verizon, discussed how the best place for web security is in the cloud. Benefits include: Functions as the first layer of defense Easy operation –CNAME change Implement an integrated solution Best architecture for addressing network-l...
Dec. 19, 2014 05:00 PM EST Reads: 1,138
The BPM world is going through some evolution or changes where traditional business process management solutions really have nowhere to go in terms of development of the road map. In this demo at 15th Cloud Expo, Kyle Hansen, Director of Professional Services at AgilePoint, shows AgilePoint’s unique approach to dealing with this market circumstance by developing a rapid application composition or development framework.
Dec. 19, 2014 04:45 PM EST Reads: 725
“In the past year we've seen a lot of stabilization of WebRTC. You can now use it in production with a far greater degree of certainty. A lot of the real developments in the past year have been in things like the data channel, which will enable a whole new type of application," explained Peter Dunkley, Technical Director at Acision, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 19, 2014 04:00 PM EST Reads: 1,120
“We help people build clusters, in the classical sense of the cluster. We help people put a full stack on top of every single one of those machines. We do the full bare metal install," explained Greg Bruno, Vice President of Engineering and co-founder of StackIQ, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 19, 2014 03:00 PM EST Reads: 1,144
AppZero has announced that its award-winning application migration software is now fully qualified within the Microsoft Azure Certified program. AppZero has undergone extensive technical evaluation with Microsoft Corp., earning its designation as Microsoft Azure Certified. As a result of AppZero's work with Microsoft, customers are able to easily find, purchase and deploy AppZero from the Azure Marketplace. With just a few clicks, users have an Azure-based solution for moving applications to the...
Dec. 19, 2014 02:00 PM EST Reads: 661
The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy architecture and infrastructure into account. Then the reality is that most enterprises are embarking on a hybrid cloud strategy and programs. In this Power Panel at 15th Cloud Expo (http://www.CloudComputingExpo.com...
Dec. 19, 2014 11:30 AM EST Reads: 2,282
"BSQUARE is in the business of selling software solutions for smart connected devices. It's obvious that IoT has moved from being a technology to being a fundamental part of business, and in the last 18 months people have said let's figure out how to do it and let's put some focus on it, " explained Dave Wagstaff, VP & Chief Architect, at BSQUARE Corporation, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 19, 2014 11:00 AM EST Reads: 1,839
SYS-CON Media announced today that Aruna Ravichandran, VP of Marketing, Application Performance Management and DevOps at CA Technologies, has joined DevOps Journal’s authors. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. DevOps Journal brings valuable information to DevOps professionals who are transforming the way enterprise IT is done. Aruna's inaugural article "Four Essential Cultural Hacks for DevOps Newbies" discusses how to demonstrate the...
Dec. 19, 2014 10:00 AM EST Reads: 1,682
The move in recent years to cloud computing services and architectures has added significant pace to the application development and deployment environment. When enterprise IT can spin up large computing instances in just minutes, developers can also design and deploy in small time frames that were unimaginable a few years ago. The consequent move toward lean, agile, and fast development leads to the need for the development and operations sides to work very closely together. Thus, DevOps become...
Dec. 19, 2014 10:00 AM EST Reads: 1,943
"Our premise is Docker is not enough. That's not a bad thing - we actually love Docker. At ActiveState all our products are based on open source technology and Docker is an up-and-coming piece of open source technology," explained Bart Copeland, President & CEO of ActiveState Software, in this SYS-CON.tv interview at DevOps Summit at Cloud Expo®, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 19, 2014 09:00 AM EST Reads: 1,877
Verizon Enterprise Solutions is simplifying the cloud-purchasing experience for its clients, with the launch of Verizon Cloud Marketplace, a key foundational component of the company's robust ecosystem of enterprise-class technologies. The online storefront will initially feature pre-built cloud-based services from AppDynamics, Hitachi Data Systems, Juniper Networks, PfSense and Tervela. Available globally to enterprises using Verizon Cloud, Verizon Cloud Marketplace provides a one-stop shop fo...
Dec. 19, 2014 08:00 AM EST Reads: 1,859
SYS-CON Events announced today that Windstream, a leading provider of advanced network and cloud communications, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Windstream (Nasdaq: WIN), a FORTUNE 500 and S&P 500 company, is a leading provider of advanced network communications, including cloud computing and managed services, to businesses nationwide. The company also offers broadband, p...
Dec. 19, 2014 07:00 AM EST Reads: 2,153
The Internet of Things is not new. Historically, smart businesses have used its basic concept of leveraging data to drive better decision making and have capitalized on those insights to realize additional revenue opportunities. So, what has changed to make the Internet of Things one of the hottest topics in tech? In his session at @ThingsExpo, Chris Gray, Director, Embedded and Internet of Things, discussed the underlying factors that are driving the economics of intelligent systems. Discover ...
Dec. 19, 2014 06:30 AM EST Reads: 2,144
ARMONK, N.Y., Nov. 20, 2014 /PRNewswire/ -- IBM (NYSE: IBM) today announced that it is bringing a greater level of control, security and flexibility to cloud-based application development and delivery with a single-tenant version of Bluemix, IBM's