HOUSTON (May 25, 2018) —AECOM Capital, the investment arm of AECOM, a premier, fully integrated global infrastructure firm, and Houston-based PMRG, one of the nation’s leading real estate companies, announced today that they have closed on equity and debt financing to develop 328 multifamily units and 14,967 square feet of ground-floor retail in a luxury high-rise tower located on a 1.16-acre site at 3300 Main Street in Houston’s midtown district. Broad Street Real Estate Credit Partners III (BSRECP III), a fund managed by the Goldman Sachs Merchant Banking Division, will provide the construction loan. The site is located equidistant between downtown Houston and the Texas Medical Center, adjacent to the Main Street stop of the METRORail Red Line.

“We are excited to partner with PM Realty Group in the development of this new residential tower in the dynamic and burgeoning Mid-Town area of Houston,” said Timothy Haskin, AECOM Capital Real Estate’s senior managing director. “3300 Main marks a continuation of AECOM Capital Real Estate’s strategy to invest in transit-oriented developments in transforming neighborhoods with strong development partners.”

The 29-story tower will feature canted bay window and balcony projections that emphasize downtown views to the north and east, and continuous balconies on the south and around the amenity terrace that will provide shade and optimal views of the activity below. Residents will enjoy large units averaging 1,114 square feet, a two-story fitness center and aqua lounge, and a 3/4-acre pool and amenity deck. The amenity space will open onto Main Street facing east and the pool terrace facing west. Units above the retail space will line the parking structure on Main Street, maintaining a lively streetscape that will feature two restaurants. 3300 Main will be a LEED Silver residential tower. An architecturally-striking amenity building will reinforce the amenity deck as a place to be seen in this up-and-coming district adjacent to downtown Houston.

“PMRG is excited to partner with both AECOM Capital and BSRECP III on what will be the premier multifamily building in Midtown. This is the right building for a transit oriented development and a building that is sure to attract discerning residents working in the CBD and the Texas Medical Center,” said Rick Kirk, PMRG’s chairman and chief executive officer.

AECOM Hunt will serve as construction manager for the project, with expected construction completion in 2020. Construction of the project will commence immediately.

About PMRG
Headquartered in Houston, Texas, PMRG is one of the nation’s leading real estate companies focusing on comprehensive property services, development and acquisitions. With a strategic presence in 30 markets, PMRG provides the highest quality services to its clients and investors, which include large financial institutions, advisors and high net worth individuals. By capitalizing on the team’s experience and expertise, PMRG has the ability to undertake large and challenging management, leasing, development and acquisition projects. PMRG’s portfolio, including projects managed for third parties, includes commercial office buildings, mixed-use centers, corporate headquarters, industrial buildings, medical facilities, high-rise multifamily buildings and re-appropriated military facilities.

With more than $1.6B in ground-up development projects completed, under construction and/or in design, PMRG’s professionals are skilled in providing a full range of turn-key development services. Specific examples of key multi-housing projects include: The Confluence in Denver, 2929 Weslayan in Houston, Heights at Park Lane in Dallas, and 1400 Hi-Line in Dallas. PMRG has earned a reputation for building “best in class” properties with incomparable attention to detail and a keen awareness of what is coveted by its residents. Further reinforcing this reputation, 2929 Weslayan received the 2017 Landmark Award in the Multifamily category from Houston Business Journal, and The Heights at Park Lane received the 2010 Builder Pillars Awards for best mixed use project, high-rise design, and multifamily community of the year from the NAHB. For additional information, visit www.pmrg.com. Please contact Whitney Williams at 713.209.5935 or wwilliams@pmrg.com for further information about PMRG.

About AECOM
AECOM is built to deliver a better world. We design, build, finance and operate infrastructure assets for governments, businesses and organizations in more than 150 countries. As a fully integrated firm, we connect knowledge and experience across our global network of experts to help clients solve their most complex challenges. From high-performance buildings and infrastructure, to resilient communities and environments, to stable and secure nations, our work is transformative, differentiated and vital. A Fortune 500 firm, AECOM had revenue of approximately $18.2 billion during fiscal year 2017. See how we deliver what others can only imagine at aecom.com and @AECOM.

About AECOM Capital
AECOM Capital, a subsidiary of AECOM, is an investor and developer of real estate, infrastructure and public-private partnerships across North America and select international markets. Targeting high-quality, risk-adjusted investments, AECOM Capital leverages AECOM’s vast resources across all engineering, design and construction services for deal flow, due diligence, execution and project delivery. AECOM Capital Real Estate has a total development value of approximately $5 billion across approximately 10 million square feet. For more information, visit www.aecomcapital.com.

Forward-Looking Statements: All statements in this press release other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including statements relating to the completion of the Houston multifamily development as well as other future economic and industry conditions. Actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important risk factors that could cause actual results to differ materially from our forward-looking statements are set forth in AECOM’s periodic report on Form 10-Q for the quarter ended March 31, 2018, and other reports filed with the U.S. Securities and Exchange Commission. AECOM does not intend, and undertakes no obligation, to update any forward-looking statements.

ABOUT THE MERCHANT BANKING DIVISION OF GOLDMAN, SACHS & CO.
Founded in 1869, the Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm. Goldman Sachs Merchant Banking Division (MBD) is the primary center for Goldman Sachs’ long-term principal investing activity. With nine offices across seven countries, the Merchant Banking Division of Goldman Sachs is one of the leading private equity investors in the world with equity and credit investments across corporate, real estate, and infrastructure strategies. Established in 1991, the Real Estate Principal Investment Area within MBD has invested in real estate and real estate related assets totaling approximately $53 billion in equity across more than 800 investments located in 35 countries. Investments include office, retail, industrial, hospitality, residential, acquiring real estate companies, real estate projects, loan portfolios, debt recapitalizations and direct property.

Media Contact:
Jason Marshall
Senior Director, Public Relations
1.646.432.8474
jason.marshall@aecom.com

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31-Jan-2011 AECOM continues to expand its global use of Building Information Modeling (BIM) solutions with its design of the $US60-million Roseisle Distillery, Scotland’s largest malt whisky distillery. 
01-Feb-2011 AECOM announced today that a joint venture in which RSW International Inc. — which became part of AECOM during November 2010 — participates, has been awarded a US$13.4-million contract related to the Grand Inga site in the Democratic Republic of Congo.
08-Feb-2011 Q1 EPS increased 20% year over year, backlog grew 55% to $15.5 billion.
15-Feb-2011 AECOM announced today that a joint venture in which it participates with Rummel, Klepper & Kahl LLP has been awarded an eight-year, US$60-million program-management contract by the Maryland Transit Administration (MTA) of the Maryland Department of Transportation.
17-Feb-2011 AECOM announced today that it has been awarded a detailed design contract worth approximately US$22 million from the Singapore Land Transport Authority.
24-Feb-2011 AECOM announced today that it has been awarded a five-year, US$17.6-million planning and design contract for Phase I services of India’s Hyderabad Metro Rail project.
01-Mar-2011 AECOM announced today that it has completed the safe withdrawal of its expatriate employees and their families from Libya.
04-Mar-2011 AECOM announced today that Michael S. Burke, AECOM executive vice president and chief financial officer, will participate in the UBS Engineering and Construction One-on-One Conference in Boston on March 16.
16-Mar-2011 L’Ethisphere Institute a nommé AECOM Technology Corporation une des sociétés les plus éthiques au monde pour 2011.
16-Mar-2011 AECOM Technology Corporation has been named one of the World’s Most Ethical Companies for 2011 by the Ethisphere Institute.
17-Mar-2011 AECOM announced today that it has been awarded a contract for the construction management of DC Water’s Enhanced Nitrogen Removal Program in Washington.
21-Mar-2011 AECOM announced today that Forfeiture Support Associates (FSA), LLC, a joint venture with L-3 MPRI, has been awarded a contract to provide professional, financial and legal support to the Department of Justice’s (DOJ) Asset Forfeiture Program.
29-Mar-2011 AECOM announced today that the AECOM-Envirocon joint venture was one of six entities awarded an indefinite delivery/indefinite quantity (IDIQ) contract by the U.S. Naval Facilities Engineering Command (NAVFAC) Southwest for environmental remediation services.
31-Mar-2011 AECOM announced today that it has released a white paper titled, “U.S. Infrastructure: Ignore the Need or Retake the Lead?”
05-Apr-2011 AECOM announced today that it has been awarded a US$19-million contract by the Government of Alberta Ministry of Transportation for the design and project management of the Highway 2 Twinning project at Peace River in Alberta, Canada.
13-Apr-2011 AECOM announced today that it was awarded a US$32.5-million contract extension by the City of Edmonton in Alberta, Canada, to provide project management and engineering services during construction of Edmonton’s Light Rail Transit (LRT) extension from downtown Edmonton to the Northern Alberta Institute of Technology (NAIT).
13-Apr-2011 AECOM announced today that it was awarded a US$32.5-million contract extension by the City of Edmonton in Alberta, Canada, to provide project management and engineering services during construction of Edmonton’s Light Rail Transit (LRT) extension from downtown Edmonton to the Northern Alberta Institute of Technology (NAIT).
18-Apr-2011 AECOM announced today that an AECOM-led team has been awarded a US$40-million on-call contract by the California Department of Water Resources to provide aquatic and hydrodynamic technical services for the agency’s activities in the Sacramento-San Joaquin Delta.
20-Apr-2011 AECOM will release results for its second quarter of fiscal year 2011, which ended on Mar. 31, 2011, before the opening of trading on the New York Stock Exchange on Thursday, May 5, 2011.
21-Apr-2011 AECOM announced today that it was awarded an engineering, procurement and construction management contract by Tata Steel Minerals Canada Limited.
25-Apr-2011 AECOM announced today that John M. Dionisio has been appointed chairman of the Board of Directors, succeeding Richard G. Newman, effective Oct. 1, 2011. Dionisio will continue to serve as chief executive officer (CEO) of AECOM.
28-Apr-2011 AECOM announced today that it has won a contract for the design and construction management of the Liantang-Heung Yuen Wai Boundary Control Point (BCP) from the Civil Engineering and Development Department of the Hong Kong Special Administrative Region Government.
05-May-2011 Second-quarter diluted earnings per share of 49 cents.
10-May-2011 AECOM announced today that a joint venture in which it participates with Parsons International has been awarded a program management contract by Etihad Rail for the United Arab Emirates’ national railway.
11-May-2011 AECOM announced today that it was awarded a substantial work order for project management services that include a consultancy, engineering, and construction services contract for a citywide storm water, flood-control, and wastewater infrastructure improvement program in Jeddah, Saudi Arabia.
19-May-2011 AECOM professionals from Australia, New Zealand, Hong Kong, the United Kingdom and the United States collaborated on “the most impressive technical achievement in the world’s water industry.”
13-Jun-2011 AECOM announced today that it has acquired Spectral Services Consultants Pte. Ltd. (Spectral), a building services consultancy based in Noida, India.
14-Jun-2011 AECOM announced today that a joint venture in which it participates was one of five companies awarded an Indefinite Delivery/Indefinite Quantity (IDIQ) contract worth up to US$10 billion by the U.S. Department of State’s (DoS) Bureau of International Narcotics and Law Enforcement Affairs.
21-Jun-2011 AECOM announced today that an alliance in which it participates, known as TrackStar Alliance, was awarded a US$15-million contract to build transit rail infrastructure in Queensland, Australia.
05-Jul-2011 AECOM announced today that it has won two concurrent contracts with an aggregate value of up to US$72 million over three years, if all options are exercised.
14-Jul-2011 AECOM will release results for its third quarter of fiscal year 2011, which ended on June 30, 2011, before the opening of trading on the New York Stock Exchange on Thursday, Aug. 4, 2011.
20-Jul-2011 An AECOM team in Los Angeles County, California, United States, took fast action when a serious traffic accident occurred near their job site.
21-Jul-2011 Approximately 70 AECOM employees ran a 3.5-mile (5.6-kilometer) race as part of the 35th annual JPMorgan Corporate Challenge in New York City, New York, United States.
26-Jul-2011 AECOM announced today that an AECOM-led consortium was awarded a contract by the New South Wales Government to plan and design the North West Rail Link in Sydney, Australia.
27-Jul-2011 AECOM’s Teuila Hanson, vice president, Diversity + Inclusion, led a workshop at the Conference of Minority Transportation Officials’ (COMTO) 40th National Meeting and Training Conference on July 17 in Philadelphia, Pennsylvania, United States. COMTO creates new career opportunities for minority transportation professionals in the United States through education, training and development programs.
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