Magic Johnson Enterprises and Loop Capital, in conjunction with U.S. Infrastructure, is poised to play a significant role in the construction of the proposed Automated People Mover at LAX.
The Automated People Mover is the latest in the multi-billion dollar redevelopment of the nation’s second busiest airport in serving as a two-mile, six-station train system connecting the Central Terminal area to new ground transportation facilities and Metro.
“Supporting this project—the LAX Train—is central to our mission of investing in opportunities that enable community engagement and economic growth,” said Earvin “Magic” Johnson. The NBA hall of famer is a part owner of the Los Angeles Dodgers and is also president of basketball operations for the Los Angeles Lakers. “During construction and for years ahead with the operations and maintenance of the train systems, this project will engage local, small and minority business and employees.”
Johnson said his company is committed to working with small, local and disadvantaged businesses to assist their growth and also to help individuals build their careers using the skills and professional acumen obtained by working on the LAX project.
Johnson’s firm will reportedly work with JLC Infrastructure along with Gateway Connectors to build the light rail project Jane Garvey, chairperson of Meridiam North America, said her company’s work with JLC Infrastructure reflects a commitment to expanding opportunities to local and minority investors.
“Through partnering, sub-contracting and direct employment, Gateway Connectors team is proud to magnify the project’s benefits for the diverse communities of Los Angeles,” Garvey said.