ARTBA Recognizes San Francisco Municipal Transportation Agency (SFMTA)–Potrero Yard Modernization Project with Innovation Award
The American Road & Transportation Builders Association (ARTBA) honored the San Francisco Municipal Transportation Agency (SFMTA)–Potrero Yard Modernization Project with a “Project of the Year—Innovation” award at its 38th Annual P3 in Transportation Conference.
The project was noted for “transforming a 1915-era bus facility into a state-of-the-art, four-story maintenance and storage center designed to support the city’s growing transit needs and transition to a fully zero-emission bus fleet by 2035.” Additionally, ARTBA highlighted the project will address “critical operational, safety and sustainability challenges by expanding capacity for 68 percent more buses, improving maintenance efficiency, enhancing fleet reliability, and creating safer, more modern working conditions for 800 employees.”
ARTBA stated what “sets the project apart is its innovative financing and delivery structure. The approximately $620 million project reached financial close in April 2026 and will be delivered through a Design-Build-Finance (DBF) model that utilizes a novel 501(c)(3) financing approach. Tax-exempt bonds issued by the California Municipal Finance Authority are supported solely through appropriations, without any revenue pledge, providing a creative solution to affordability and implementation challenges.”
Furthermore, ARTBA said, “Beyond modernizing transit infrastructure, the project is expected to deliver lasting community benefits by improving service reliability, reducing air and noise pollution, and facilitating better neighborhoods for San Francisco residents.”
Corey Boock and Elizabeth Cousins served as co-leads for the Nossaman team advising SFTMA. The team also included partners Andrée Blais and Lolly Enriquez.
