Brady is a specialist in Public Private Partnerships (P3) with 16 years of experience in the construction industry in the U.S., Canada and the United Kingdom. He will be based out of the firm's new Phoenix, AZ office, and will lead BTY project teams across the United States. Last year, BTY opened an office in Los Angeles.
The new appointment and new offices are part of the firm's long-term strategy to become the go-to cost and risk advisor in the U.S. - just as it has in Canada over the past 36 years. The timing for continuing expansion couldn't be better, according to BTY's Managing Partner Joe Rekab.
Mr Rekab added:
A new report from Moody's Investors Service identifying the strong potential for the U.S. to become the world's largest market for P3 projects confirms the soundness of our decision five years ago to start pursuing P3 opportunities in the U.S.
At first we partnered with other Canadian firms participating in U.S. P3s, but now we are developing relationships directly with major U.S. construction firms and project proponents. To our knowledge, no other firm in either the U.S or Canada has fulfilled the role of Technical Advisor (TA) on more P3 projects over the past two years.
To date, BTY has acted as TA on 11 US infrastructure projects collectively valued at $16.5 billion. They have included the Ohio River Bridges East End Crossing, the Goethals Bridge for the Port Authority of New York-New Jersey, Phase 2 of US-36 Managed Lanes Project (Colorado), and the I-4 Ultimate Project in Florida. The latter two - both availability payment P3s - achieved financial close in the past year.
The firm also recently named two new partners, Ian Wilkinson and Alistair Dearie, for its practices in British Columbia and Alberta, indicating BTY's continued strong growth in both established and new regional markets. Ian has fifteen years of experience working with major lenders and developers for residential and commercial real estate and leads the Lenders' Services practice for the firm's Vancouver office. Alistair also brings fifteen years of experience with both public and private sector clients and leads the firm's offices in Calgary and Saskatoon.