Jacobs Selected to Reimagine Rikers Island Infrastructure and Landscape

Contract to explore resource recovery and renewable energy hub transformation

DALLAS, June 1, 2022 /PRNewswire/ -- Jacobs (NYSE:J) has been selected by the New York City Department of Environmental Protection (DEP) to study the feasibility of consolidating four aging wastewater resource recovery facilities into a new state-of-the-art one billion+ gallon-per-day facility on New York's Rikers Island.

Jacobs, in association with a New York-centric team of specialized subconsultants, will blend local insights and creative talents in this study to reimagine NYC's wastewater infrastructure and community landscape.

The Renewable Rikers Act directs the DEP to study the feasibility of dedicating Rikers Island for sustainability and resiliency purposes, including renewable energy generation and storage, wastewater treatment and organic waste processing. The contract for this project will start in April 2022 and end in October 2023.

Closing the Rikers complex permanently and redeveloping the 413-acre island would offer an opportunity for renewal and transformation within the surrounding communities, while freeing up valuable land along the East River. Jacobs' approach to the study incorporates a OneWater perspective to infrastructure planning that includes challenging urban water management to create opportunities for equitable and inclusive economic development.  

"This feasibility study will examine reimagining the future of Rikers Island into what could be  the biggest and boldest NYC-based wastewater infrastructure and community redevelopment program of this century," said Jacobs People & Places Solutions Senior Vice President Gary Morris. "This is a transformational opportunity to consider how to drive social equity, redefine the city's landscape and create a legacy for NYC residents – all while providing a blueprint for how future water infrastructure projects can serve as catalysts for urban revitalization."

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 $14 billion in revenue and a talent force of approximately 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, Instagram, LinkedIn 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. When used herein, words such as "expects," "anticipates," "believes," "seeks," "estimates," "plans," "intends," "future," "will," "would," "could," "can," "may," and similar words are intended to identify 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 timing of the award of projects and funding under the Infrastructure Investment and Jobs Act as well as general economic conditions, including inflation, changes in interest rates, foreign currency exchange rates, and changes in capital markets, geopolitical events and conflicts, and the impact of the COVID-19 pandemic, including the related reaction of governments on global and regional market conditions and the company's business, among others. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see 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 in our most recently filed Annual Report on Form 10-K, ,and  Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations; Item 1 - Legal Proceedings; and Item 1A - Risk Factors in our most recently filed Quarterly Report on Form 10-Q, 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