Megaprojects are on the rise, and delivering these multibillion-dollar builds is uniquely challenging, said panelists on April 29 at an event hosted by the Regional Plan Association, a development nonprofit focused on the New York, New Jersey and Connecticut region.
“It’s the age of megaprojects. For sure,” said Jamie Torres-Springer, president of MTA Construction & Development, which manages the New York City transit agency’s capital program. “[We] recognize that we have to run billions and billions of dollars’ worth of work on a permanent basis, and we’re building an organization in order to do that.”
