Albuquerque City Council Approves $30 Million in Bonds for New Mexico United Stadium
The Albuquerque City Council approved $30 million in Industrial Revenue Bonds (IRBs) to help finance a proposed 10,000-seat stadium for New Mexico United at Balloon Fiesta Park. The city will own the stadium, which will allow the facility to be exempt from property...
Pittsburgh International Airport’s $1.5 Billion Terminal Upgrade Nears Completion
Pittsburgh International Airport's $1.5 billion terminal upgrade, aimed at improving efficiency and enhancing the passenger experience, is nearing completion with 80% of the modernization project finished. Set to open in the fall, the new terminal will feature...
$1.2 Billion Bond Sale to Fund John Glenn Columbus Airport’s New Terminal
The Columbus Regional Airport Authority has sold $1.2 billion in bonds to fund a new terminal at John Glenn Columbus International Airport, surpassing the initial $1 billion bond offering due to overwhelming investor demand. The terminal, set to open by 2029, will...
Alabama Allocates $40 Million for Road and Bridge Projects
Alabama will soon see major upgrades to its transportation infrastructure, as Governor Kay Ivey announced a $40 million investment in road and bridge projects across the state. Made possible through the Alabama Transportation Rehabilitation and Improvement Program-II...
EDA Awards $64M Tax Credit for Jersey City’s Bayfront Housing Development
The first phase of Jersey City’s Bayfront housing project is advancing after the Economic Development Authority approved a $64 million tax credit award under the Aspire program. The Bayfront Promenade will add 210 rental units, with 74 designated as affordable...
Orlando International Airport Rolls Out $650M Baggage System Upgrades
Orlando International Airport is investing over $650 million in upgrading its Baggage Handling System infrastructure. This renovation is taking place as the facility experiences record growth, with the airport serving 60 million passengers last year and handling an...
Utah County Commits $78 Million to Expand Provo Airport
Provo Airport is set for a major upgrade after Utah County approved an interlocal agreement with Provo City, committing $78 million to its expansion. The county will provide $19.5 million upfront and $3.9 million annually for the next 15 years to finance the...
Granite Construction Wins $71M Contract to Expand Fort Bliss Rail Yard in Texas
Granite Construction has been awarded a $71 million contract by the U.S. Army Corps of Engineers to upgrade and expand the rail yard at Fort Bliss in El Paso, Texas. The project, set to begin in February 2025, includes upgrades such as new loading spurs, an expanded...
Pennsylvania Bans Contractor, Orders Restitution & Civil Penalties
Attorney General Michelle Henry has announced that Vincent Vince, owner of Independent Construction Builders in Shavertown, has been banned from home improvement work in Pennsylvania and ordered to pay $79,000 in restitution to customers for uncompleted work, and...
Virginia Selects Long Bridge Rail Partners as Design-Builder for $2.3B Rail Project
The Virginia Passenger Rail Authority (VPRA) has selected the joint venture Long Bridge Rail Partners as the design-builder for the south package of its $2.3-billion Long Bridge Project, advancing plans to expand rail infrastructure in the state. Expected to be...