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Garfield Traub Lands $65 Million California School Contract; Eight Separate Developments Bring Neighborhood Schools Back to LA.
Business Editors
DALLAS--(BUSINESS WIRE)--Feb. 11, 2004
Garfield Traub Development LLC, through its affiliated entity Garfield Traub California Developments Inc., announced today that it has been awarded a $64,576,479 contract to develop seven primary schools and a park and recreation center for the Los Angeles Unified School District (LAUSD). The ambitious program brings neighborhood schools back to communities that have not seen a new school facility in decades.
All eight developments are scheduled for completion in approximately 12 months. The average construction cost per school will be $7 million, with a range between $6.3 million to $9 million. The original request was for two groups of four developments.…
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Source: HighBeam Research, Garfield Traub Lands $65 Million California School Contract; Eight...
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