Jacobs Serves as Designer of Record for West Lake Commuter Rail Corridor

01/13/2021
Commuter rail extension to drive economic, social and environmental benefits

DALLAS, Jan. 13, 2021 /PRNewswire/ -- Jacobs (NYSE:J) will serve as the designer of record for the F.H. Paschen and Ragnar Benson Joint Venture responsible for the eight-mile West Lake Corridor extension of the South Shore commuter rail line between Hammond and Dyer, Indiana. Expanding the South Shore Line will increase access for the growing area of Lake County, Indiana to connect more easily to Chicago.

Delivered as a design-build project, the owner, The Northern Indiana Commuter Transportation District, estimates the cost of the project to be $933 million and construction to finish in 2024. The West-Lake Corridor project will provide Lake County residents with faster and more reliable access to employment and entertainment in Chicago. Along with approximately eight new miles of track, the new corridor will include four new stations with parking lots, park-and-ride areas, and ADA parking and station access. The expected travel time from the new Munster/Dyer Main Street station to Chicago's Millennium Station is 47 minutes with 12 trips to/from during weekday peak.

"Improving accessibility, creating jobs and generating economic, social and environmental benefits strongly aligns with Jacobs' values," said Jacobs People & Places Solutions Senior Vice President Gary Morris. "Connecting Lake County area residents to Chicago and Cook County, Illinois is a step toward how we'd like to reimagine mobility for tomorrow in the Midwest."

At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With approximately $14 billion in revenue and a talent force of more than 55,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector. Visit jacobs.com and connect with Jacobs on Facebook, InstagramLinkedIn and Twitter.

Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. Statements made in this release that are not based on historical fact are forward-looking statements. We base these forward-looking statements on management's current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements, including, but not limited to, the impact of the COVID-19 pandemic and the related reaction of governments on global and regional market conditions and the company's business. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see our Annual Report on Form 10-K for the year ended October 2, 2020, and in particular the discussions contained under Item 1 - Business; Item 1A - Risk Factors; Item 3 - Legal Proceedings; and Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations, as well as the company's other filings with the Securities and Exchange Commission. The company is not under any duty to update any of the forward-looking statements after the date of this press release to conform to actual results, except as required by applicable law.

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SOURCE Jacobs

Statements that are not based on historical fact are forward-looking statements.   Although such statements are based on management’s current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain.  We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in our forward-looking statements.

For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our 2009 Form 10-K, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations. We caution readers that we do not undertake to update any forward-looking.