P3 Proposed for New Buffalo Bills NFL Stadium
Pegula Sports and Entertainment (PSE) is seeking a public-private partnership with state and local governments for the construction of a new stadium for the Buffalo Bills in Orchard Park, NY. While PSE previously considered a proposal for 100% public financing, Mayor...
Washington D.C. Enters Into Public-Private Partnership for $800M Capital One Arena Transformation
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...
Public-Private Partnership Secures $80 Million Grant for AllianceTexas Smart Port Project
The public-private partnership between the North Central Texas Council of Governments, Hillwood, the Texas Department of Transportation, the City of Fort Worth, and the City of Haslet has successfully secured an $80 million federal grant from the U.S. Department of...
PennDOT Taking Unsolicited Proposals for P3 Transportation Projects
As part of its Public-Private Partnerships initiative aimed at improving various modes of transportation, the Pennsylvania Department of Transportation Office of Public-Private Partnerships (P3) is inviting unsolicited proposals from the private sector for...
Charlotte City Council Approves P3 for I-77 Toll Road
In a move aimed at addressing congestion and improving safety, the Charlotte City Council unanimously approved the next steps for adding toll roads along Interstate 77 through a public-private partnership, with the proposal now subsequently heading to the Charlotte...
Hudson Tunnel Project Secures $3.8 Billion Funding Boost With Federal-State Partnership
The $12 billion Hudson Tunnel Project has received a major boost with the Federal Railroad Administration and the Gateway Development Commission executing a $3.8 billion Federal-State Partnership (FSP) Grant agreement for the project, which includes the immediate...
JEMB Realty Begins 80-Acre P3 Project Near Monmouth Park in New Jersey
JEMB Realty, in a public-private partnership with the State of New Jersey and Darby Development LLC, has commenced work on the development of an expansive 80-acre mixed-use site near Monmouth Park Racetrack in Oceanport. Scheduled to start construction in late 2025,...
SR 400 Peach Partners Chosen for $4.6 Billion Express Lane P3 Project in Atlanta
SR 400 Peach Partners has been chosen by the Georgia Dept. of Transportation (GDOT) and the State Road and Tollway Authority (SRTA) to design, construct, and manage 16 miles of express lanes in Atlanta, with a total project cost of $4.6 billion. Leveraging a...
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...