Infrastructure News

The latest trends, news and insights on airports, ports, stadiums, roads and bridges.

D.C. Council Approves $3.7B Commanders Stadium and Development Deal

The D.C. Council approved a $3.7 billion deal to bring the Washington Commanders back to the RFK Stadium site, clearing the way for a new 65,000-seat football stadium and mixed-use development along the Anacostia River. The project includes $1 billion in taxpayer...

California Greenlights $20 Billion Funding for High-Speed Rail Project

California lawmakers have approved a plan to provide up to $20 billion in new funding for the state’s high-speed rail project, after President Trump pulled funding from the effort. The money, drawn largely from Cap-and-Trade revenues, will help complete the initial...

Civic Development Podcast #3: P3s Unplugged with Thomas John, Seth Miller Gabriel and Jeremy Ebie

Episode #3: P3s Unplugged: Insights from the Washington DC Streetlights Project Three infrastructure insiders join us to break down the Washington DC Streetlights P3 Project, a case study of innovative thinking in urban development. The panelists share their insights...

Kentucky, Indiana Approve $933 Million I-69 Bridge Project

The Kentucky Public Transportation Infrastructure Authority and Indiana reached an agreement to move forward with the $933 million I-69 bridge over the Ohio River. Kentucky will financing, planning, and construction of the bridge, with costs shared equally between the...

$240 Million P3 Deal Brings Student Housing to Palm Beach Atlantic University

A $240 million public-private partnership between Gilbane and Palm Beach Atlantic University will bring a 25-story, mixed-use student housing tower to downtown West Palm Beach. The project includes 990 student beds, a dining hall, fitness center, and parking...

New Indiana Law Paves Way for Tolls, Rail Investment, Local Road Funding

Indiana has become the first state to authorize tolling on all interstate highways, allowing officials to seek federal waivers without additional legislative steps. The law also offers tax credits for private rail investments and gives counties new ways to fund road...

MO Gov. Kehoe Signs $1.5 Billion Stadium Incentive Package to Keep Royals, Chiefs

Missouri Gov. Mike Kehoe has signed off on a $1.5 billion stadium incentive package aimed at keeping the Kansas City Royals and Chiefs from relocating across the state line. The plan would cover up to 50% of stadium costs using tax revenue generated by the teams,...

Illinois Tollway Board Greenlights $2 Billion Seven-Year Capital Plan to Revamp State Roadways

In an effort to address the state's infrastructure needs, the Illinois Tollway board of directors recently approved a $2 billion, seven-year capital plan, 'Bridging the Future,' to support ongoing infrastructure investments and modernization efforts for the five...

Westfield, Indiana Approves $184M P3 Agreement for Grand Park Sports Campus

The Westfield City Council has entered into a 30-year, $184 million public-private partnership with Grand Park Sports & Entertainment to manage and develop the 400-acre Grand Park Sports Campus in Indiana. Under the agreement, Grand Park Sports &...

Fast-growing cities have high demand for private sector contracting partners

by Mary Scott Nabers The U.S. is experiencing a significant surge in population growth in certain regions, increasing the demand for enhancing or expanding basic infrastructure. Public officials in high–growth regions struggle to expand housing, water, roadways,...

L.A. Metro Approves $798 Million Amendment for Final Foothill Gold Line Segment

Nov 16, 2024 | Finance - Infrastructure, Finance - Public Projects/Construction, Infrastructure, Transportation

The L.A. Metro Board has approved a $798 million amendment to its funding agreement with the Foothill Gold Line Construction Authority. Pending ratification by the Foothill Gold Line Construction Authority Board, this agreement ensures completion of the Los Angeles...

$114 Million Allocated Across 23 Transportation Projects by Georgia DOT

Nov 16, 2024 | Finance - Infrastructure, Finance - Public Projects/Construction, Infrastructure, Transportation

The Georgia Department of Transportation awarded $114 million to 23 projects in September 2024, with 58% of the funding going to resurfacing contracts, 29% to bridge construction, 9% to rehabilitation, 3% to safety, and the remaining 1% to bridge rehabilitation....

Miami-Dade County Receives $389.5 Million Grant for Northeast Corridor Rapid Transit Project

Nov 13, 2024 | Finance - Infrastructure, Finance - Public Projects/Construction, Infrastructure, Transportation

The Miami-Dade Department of Transportation and Public Works has secured $389.5 million from the Federal Transit Administration under the Capital Investment Grant Program for its $927.3 million Northeast Corridor Rapid Transit Project, a key initiative of the county’s...

Port of Kalama, WA Receives $26.32M for Rail Expansion

Nov 13, 2024 | Finance - Infrastructure, Infrastructure, Ports

A $26.32 million federal grant is coming to the Port of Kalama in Washington for the replacement of rail tracks at the port's Tacoma Export Marketing Co. (TEMCO) Terminal, which is expected to help increase grain loading speed from rail to ship by up to 30%. The...

$2 Billion Bond Issuance Completed for JFK Terminal 6 Development

Nov 13, 2024 | Airports, Finance - Infrastructure, Finance - Public Projects/Construction, Infrastructure

JFK Millennium Partners has successfully completed a nearly $2 billion bond issuance for the construction and operation of the new JFK Terminal 6, marking one of the top three largest municipal bond financings at a U.S. airport since 2021. The bond deal includes $1.85...

Honolulu Airport Secures $17M for Upgrades

Nov 13, 2024 | Airports, Finance - Infrastructure, Infrastructure

Daniel K. Inouye International Airport in Honolulu, Hawaii, is set to receive $17 million in grants from the Federal Aviation Administration to upgrade its fire safety systems. The funding, made possible through the Bipartisan Infrastructure Law, will go toward a $7.3...

Washington D.C. Enters Into Public-Private Partnership for $800M Capital One Arena Transformation

Nov 2, 2024 | Finance - Infrastructure, Public Private Partnerships (P3s), Stadiums

Monumental Sports & Entertainment and D.C. Mayor Muriel Bowser recently announced the introduction of legislation supporting their public-private partnership for the $800 million modernization of Capital One Arena, which will be backed by a $515 million investment...

TxDOT Breaks Ground on $4.5B I-35 Expansion Project

Nov 2, 2024 | Finance - Infrastructure, Finance - Public Projects/Construction, Infrastructure, Transportation

The Texas Department of Transportation has officially broken ground on the $4.5 billion I-35 Capital Express Central project, which will add two non-tolled high-occupancy vehicle lanes in each direction along I-35 from US 290 East to SH 71/Ben White Boulevard. This...

FHA Awards $635 Million for 22 U.S. Bridge Projects

Nov 2, 2024 | Finance - Infrastructure, Finance - Public Projects/Construction, Infrastructure

The Federal Highway Administration has announced nearly $635 million in funding for 22 bridge projects located in both urban and rural areas across the U.S. Made possible through the Bipartisan Infrastructure Law, this investment is part of a $40 billion, five-year...

Federal Railroad Administration Awards $2.4 Billion in CRISI Grants for Rail Projects