Infrastructure News
The latest trends, news and insights on airports, ports, stadiums, roads and bridges.
Infrastructure Deal State Rankings: California, Louisiana Top List in 2024
There have been over 300 infrastructure deals in 2024, according to data from the CivMetrics Infrastructure Deals Database. These include deals related to airports, ports, public transit and other infrastructure. Which states are leading the way in deal count, and...
Chattanooga Sports Authority Approves $80 Million Bond for South Broad Stadium
In a major step for Chattanooga's sports scene, the its Sports Authority Board has greenlit an $80 million bond which will be used to finance the $112 million South Broad Stadium, with repayment planned through tax revenue generated by the stadium. However, payments...
Cleveland Unveils $461 Million Proposal to Keep Browns at Current Stadium
The City of Cleveland has recently unveiled its $461 million financing plan aimed at keeping the Cleveland Browns at their current stadium. The 30-year lease proposal is expected to address both the enhancement of the Browns' facilities and the needs of the city's...
Tampa Bay Rays Secure Local Funding for $1.37 Billion Stadium
The Tampa Bay Rays have clinched local government support for the construction of their $1.37 billion, 30,000-seat stadium in St. Petersburg, after Pinellas County Commissioners approved local funding this week for the said ballpark project. The commissioners approved...
Oakland A’s $380 Million Stadium Funding Up in Air as Court Weighs Constitutionality
The funding for a baseball stadium for the Oakland Athletics in Las Vegas remains uncertain as the constitutionality of its $380 million public financing plan has not yet been determined. The legal battle, initiated by Strong Public Schools Nevada, focuses on the...
Tennessee DOT Unveils Plan for I-24 Toll Lanes
The Tennessee Department of Transportation has laid down its plans for choice lanes on Interstate 24 between Nashville and Murfreesboro, aiming to be the solution for congestion of traffic on the state's busiest roadway. The project, which is a public-private...
$2 Billion Funding Secured for Louisiana P3 Bridge Project
The Lake Charles Interstate 10 bridge project is on track and has secured financing following the Louisiana State Bond Commission's approval last Wednesday of $2 billion in Revenue Bonds. The project, which will be partially funded through a public-private...
Pitbull Secures $6 Million Naming Rights Deal for FIU Football Stadium
Musician Pitbull has successfully secured a five-year, $6 million deal to rename FIU's football stadium, making FIU the first college to name a facility after a musician. Under the deal, Pitbull is expected to pay the school $1.2 million yearly for the next five...
Ohio’s Future Fund Awards $14.6 Million to Infrastructure Improvements in Defiance County
This week the Office of Ohio Governor Mike DeWine announced a $14.6 million award from the All Ohio Future Fund which will be used for infrastructure improvements at a 1,000-acre site in Defiance County. Baltimore Avenue Industrial Corridor in Defiance will be...
$375 Million Earmarked for Transportation Projects in Massachusetts in Latest Bill
Massachusetts municipalities are set to receive a boost of $375 in funding after Gov. Maura Healey signed the Chapter 90 conference committee bill. This amount will be used to finance various infrastructure and transit projects, with $200 million of the total funding...
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