Veteran PPP man hired to lead Balfour Beatty US effort

Ken Portnoy joined developer Balfour Beatty to bolster its US public-private partnership business in the newly created role of vice president of PPP. He will be based in Dallas, Texas.

Long time public-private partnership (PPP) professional Ken Portnoy has joined Texas-based Balfour Beatty Construction (BBC), a subsidiary of UK developer Balfour Beatty, to help lead its US PPP business. 

Portnoy has a decade-long track record in PPP implementation and is a trained architect who has also worked in commercial real estate development and investment.

His official title, vice president of PPP, is a newly created role for Balfour Beatty, according to company spokeswoman Cindy Lewis. Portnoy will report to senior vice president of marketing John Parolisi and will be based out of the Balfour Beatty home office in Dallas, Texas, Lewis explained.

BBC is engaged in a spate of PPP business across North America, in which Portnoy will be heavily involved, Lewis noted. The firm has been involved in the Military Housing Privatisation Initiative and in April celebrated the unveiling of a 30,000-seat football stadium for Florida Atlantic University—a PPP project Balfour Beatty first undertook in 2009.

In the past, Portnoy has served as president of real estate design and development firm Swisher Garfield Traub Development. He has also worked for L&B Realty, a pension fund consultant specialising in real estate. Ivy League educated, Portnoy studied architecture, art and planning at Cornell University as well as design at Harvard University and Columbia University.

BBC began life as Centrex Construction, but was rebranded Balfour Beatty Construction following its 2007 acquisition by London-headquartered construction and engineering powerhouse Balfour Beatty.