Gilbane Wins Top Honors at P3 Awards Recognizing Work in Public-Private Partnerships

Gilbane has earned top honors at the P3 Awards in two 2023 award categories. Gilbane Development Company and Gilbane Building Company together won the ESG of the Year Award and Best Education and Higher Education Project Award for the Eastern Michigan University “Welcome Home EMU” Initiative. In addition, the William H. Gray III 30th Street Station Redevelopment Project earned Best Social Infrastructure Project of the Year and Gilbane Building Company is a member of the Plenary Infrastructure Philadelphia consortium modernizing and renovating that project.

The 2023 P3 Award recognition for Gilbane included:

•     Environment, Social and Governance of the Year

For this category, the judges look at how the entrant’s ESG policies benefit stakeholders, operators, end-users, and the wider community. Gilbane is committed to applying a lens of driving positive impact on people and planet through all of its projects. Recognizing the significant impact that the built environment contributes to global greenhouse gas emissions, Gilbane believes building sustainably is a critical social responsibility.

•     Best Education and Higher Education Project – Eastern Michigan University

This category is for all education and higher education P3 projects, rather than individual organizations. In partnership with Gilbane Development, Eastern Michigan University launched a $212-million project that includes renovating 2,463 beds and adding 700 new beds with two new residence halls, and a 50-year energy infrastructure partnership that earmarks $50 million for energy conservation measures and immediate infrastructure improvements.

• Best Social Infrastructure Project – William H. Gray III 30th Street Station Redevelopment

This category is for all Social Infrastructure P3 projects such as housing, prisons, courts, student and military accommodation, stadiums and convention centers, education projects and healthcare projects, rather than individual organizations within the Americas.
Gilbane Building Company was selected as part of the Plenary Infrastructure Philadelphia consortium to modernize and renovate Amtrak’s William H. Gray III 30th Street Station. The PIP consortium will design, build, finance, operate, and maintain the station improvements for the next 50 years as part of a public-private partnership agreement.

The panel of judges for this competition includes 23 international senior executives from the fields of education, finance, insurance and construction. The winners of this year’s P3 Awards were announced Oct. 26 in a ceremony in New York City.