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Annapolis Mobility and Resilience Project
United States
Business Summary
Annapolis Mobility and Resilience Project comprises the right to demolish the existing Hillman Garage and to develop, design, build, finance, operate and maintain the new Hillman Garage and also to operate and maintain other additional parking assets across the Annapolis downtown area. The project delivery partners include Annapolis Infrastructure Resilience, LLC as Developer and Asset Manager, Maryland Economic Development Corporation as Issuer and Concessionaire, Whiting-Turner Contracting Company as D&C Contractor and Premium Parking Service, LLC as Operator. The concession grants the right and obligation to finance, design and construct and operate and maintain the new Hillman Garage and certain adjacent parking assets for the earlier of (1) 30.5 years, extendable for additional 10 years if required in connection with any rescue financing or (2) the full retirement of all project debt.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
----Yes--

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
--Yes----

Industries
SIC Code Description
6726 Unit investment trusts, face-amount certificate offices


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Monday, April 1, 2024