-

Granite Launches Major Infrastructure Project to Enhance SR 58/SR 99 Interchange in Bakersfield

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $27 million contract by the City of Bakersfield to enhance the connectivity and efficiency of the State Route 58/State Route 99 (SR 58/SR 99) interchange in Bakersfield. Project funding is to come from the City of Bakersfield and the Thomas Roads Improvement Program (TRIP) and was included in Granite’s third-quarter CAP.

The project includes the widening the bridge over SR 99, which will be added to the existing east bound SR 58 bridge. A new bridge will also be built spanning Wible Road, connecting directly to north bound SR 99.

Key components of the project include:

  • Four retaining walls
  • 2,830 cubic yards of continuously reinforced concrete pavement (CRCP)
  • 3,000 linear feet of concrete barrier rail
  • 14,300 cubic yards of import borrow
  • A comprehensive drainage package

“We are excited to continue our strong relationship with the City of Bakersfield by providing an essential upgrade to one of the most significant intersections in the city,” said Larry Camilleri, Granite Vice President of Regional Operations. “This project represents a strong anchor job in the heart of the Bakersfield home market and includes a large structures component, which Granite can strategically leverage to continue pursuing excellence and growth in the area.”

Granite’s nearby Solari plant will supply 4,000 tons of HMA, 7,000 tons of Class II base, and 14,300 cubic yards of import materials.

Construction is expected to begin in November 2024 and be completed in May 2026.

About Granite

Granite is America’s Infrastructure Company™. Incorporated since 1922, Granite (NYSE:GVA) is one of the largest diversified construction and construction materials companies in the United States as well as a full-suite civil construction provider. Granite’s Code of Conduct and strong Core Values guide the Company and its employees to uphold the highest ethical standards. Granite is an industry leader in safety and an award-winning firm in quality and sustainability. For more information, visit the Granite website, graniteconstruction.com, and connect with Granite on LinkedIn, X, Facebook, and Instagram.

Contacts

Granite Contacts
Media
Erin Kuhlman 831-768-4111
Investors
Wenjun Xu - 831-761-7861

Industry:

Granite

NYSE:GVA
Release Versions
English

Contacts

Granite Contacts
Media
Erin Kuhlman 831-768-4111
Investors
Wenjun Xu - 831-761-7861

More News From Granite

Granite Leads Joint Venture to Deliver 22nd Street Widening and Bridge Replacement Project in Tucson

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA), lead partner in the Granite-Traylor Joint Venture with Traylor Bros., Inc., has been selected by the City of Tucson for the 22nd Street Widening and Bridge Replacement Project in Tucson, Arizona. The $157 million project will be funded by the City of Tucson, the Regional Transportation Authority, and a $25 million RAISE Grant, and will be included in Granite’s 2025 fourth quarter CAP. This project will rebuild 22nd Street from Kino Parkw...

Granite Expands Highway Infrastructure to Improve Safety and Reduce Congestion in Nevada County, California

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced it has been selected for a contract valued at approximately $66 million by the California Department of Transportation (Caltrans) for a highway improvement project in Nevada County, California. Project funding is to come from Federal and State sources, and will be included in Granite’s 2025 fourth quarter CAP. The project will expand State Route 49 to four lanes with a center turn lane, improving safety, traffic flow, and local...

Granite Declares Quarterly Dividend

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on January 15, 2026, to all shareholders of record at the close of business on December 31, 2025. About Granite Granite is America’s Infrastructure Company™. Incorporated since 1922, Granite (NYSE:GVA) is one of the largest diversified construction and construction materials companies in the United States a...
Back to Newsroom