VAG Transportation Engineering Consultants (vagtec) was established on June 17, 2010, five years into Puerto Rico's enduring economic crisis, by Vanessa Amado and Gustavo Garcia. Our purpose was to provide traffic and transportation engineering consulting services. At the time, we felt there was a void in the local market and an opportunity for a firm willing to provide high-quality and reliable services in this field. Wary of the stagnant local economy, our efforts initially concentrated on seeking opportunities overseas. However, we were not successful and eventually decided to seek opportunities locally in Puerto Rico.
We secured our first contract in January 2011 consulting for CMA Architects and Engineers, one of Puerto Rico's oldest and largest A&E firms. This project and marketing efforts absorbed most of our energies that year. In 2012 we secured our second contract with PRISA Group, one of Puerto Rico's largest developers of residential, commercial and institutional projects. Through PRISA Group we later started working for Empresas Fonalledas, Puerto Rico's largest owner of retail space. These contracts led to others, and today we work for most architects, engineers, developers and real estate owners in Puerto Rico.
In the early years, our projects consisted almost exclusively of conducting traffic impact studies for new developments. We subcontracted the collection of traffic data to a local consultant, as we felt this deviated from our line of work. Eventually we began collecting our own traffic data, and shortly afterwards we were collecting traffic data for other entities as a service. In time, the collection of traffic data became a substantial part of our business. We have incorporated new services and clients through the years. In 2018, we signed our first two contracts with the Puerto Rico Highway and Transportation Authority. We have developed a solid working relationship with the agency and look forward to other opportunities in the future.
Vagtec's offices were originally located in Hato Rey. However, in 2014, we purchased our current offices in San Alberto Building in Santurce. We are currently in the process of doubling our office space from 565 to 1,153 square feet through the acquisition of additional space in the same building.
As we look into the future, we feel optimistic about continued growth. We aspire to position ourselves as one of Puerto Rico's top engineering firms.