A consortium led by Plenary Group was selected as the preferred proponent for the Miami-Dade County Civil and Probate Courthouse P3 project, according to a 3 September press release.
The consortium, Plenary Group USA Concessions, comprises Plenary (developer, financial sponsor), Tutor Perini (design-build contractor) Johnson Controls (operations and maintenance partner) and HOK (architect designer).
The construction value is in excess of USD 260m, according the press release from Tutor Perini.
The winning consortium was selected last week after technical and financial bids were submitted in early August, said a source familiar with the situation.
Other groups that were on the shortlist as preferred proponents included:
- M-S-E Judicial Partners: Meridiam, Suffolk Construction, Ellis Don and JLL
- Sacyr Infrastructure USA LLC: Sacyr, Macquarie, DIF, AECOM and Plaza Construction
The new courthouse will provide over 600,000 square feet of space and services related to the Civil and Probate Divisions of the Eleventh Judicial Court of Florida, the Clerk of Courts and other related court partners and agencies.
Work is expected to begin in January of 2020 with substantial completion anticipated in early 2024.
The project will have a three-month financing period following the effective date of a contract, a three-year design and construction period and a 30-year operation period. The new facility will replace the existing 90-year old courthouse.
The county anticipates a one-time lump-sum contribution to the project of up to USD 50m upon substantial completion. Those funds will come from a general obligation bond and could include an additional funding from other sources, such as the sale of the existing courthouse.
The procurement was re-launched in July 2018 after the Miami-Dade Board of County Commissioners voted to reject all responses to the RFQ and subsequently canceled the process.
BMO (financial) and Ashurst (legal) advised the grantor on the project.