Supreme Court to Hear Uinta Basin Rail P3 Case

Everything will depend on the ruling, of course, but a freight rail public-private partnership in Utah could lead to significant reforms of the federal permitting process for large infrastructure projects. In late June, the U.S. Supreme Court granted the petition of the Uinta Basin Rail Public-Private Partnership (P3), which is currently under an injunction from […]

Alabama Buys Bridge, Still Building One Next Door

After years of back and forth, a temporary injunction, and a reversal by the state Supreme Court, Alabama’s Beach Express bridge is now owned by the state, and toll-free. The state Department of Transportation began deconstructing the gantries and other infrastructure in mid-June. In May, the state purchased the bridge from the Baldwin County Bridge […]

JFK New Terminal One Completes Second PABs Refinancing

The JFK New Terminal One project completed a $2.55 billion Private Activity Bond (PAB) issuance at the end of June. The new issuance comes just six months after a $2 billion PABs issuance, which the project team completed in December.

Atlanta Express Lanes on the Move: I‐285 Board Vote, SR400 Proposals In

Georgia’s plans to develop express lanes along the top half of the Atlanta perimeter and along SR400 north of the city took significant steps forward in May. First, the Georgia Department of Transportation (GDOT) accepted proposals from two bid teams for the SR400 project, which is the first of three massive express lane procurements that […]

It’s Rush Hour for Lawsuits Over New York’s Congestion Pricing

If congestion pricing is going to work anywhere in the United States, it will probably be in lower Manhattan. At the end of June, New York’s long awaited, oft abandoned congestion pricing program is finally set to begin. That is, if there isn’t an injunction first. New York’s congestion pricing program is currently at the […]

LAWA Board Vote for LAX APM Cost/Schedule Claims

The board of Los Angeles World Airports (LAWA) approved an additional $200 million to settle claims on the LAX Automated People Mover (APM) project in May, bring the total budget for the P3 to $2.9 billion. The new funding will help resolve a number of cost and schedule claims that have imperiled the near-complete rail […]

For the Key Bridge, It’s Fast Reconstruction or a Long State of Emergency

The replacement of the Key Bridge in Baltimore will be no quick fix. The regional – and even national – economic impacts of the collapse will be substantial. The top priority remains clearing the channel so that the Port of Baltimore can resume partial operations. In that regard, the month saw a small but meaningful […]

Vinci Closes Acquisition of Northwest Parkway

Vinci Concessions has officially reached financial close for its acquisition of 100% of the equity interest in the Northwest Parkway concession in Colorado. The acquisition was completed at a valuation of approximately $1.2 billion, and will significantly increase Vinci’s U.S. highway portfolio.

Brightline West Breaks Ground, Selects Siemens for Train Sets

U.S. high speed rail took a massive step forward in April with the official groundbreaking for Brightline West’s privately financed high speed rail line between Las Vegas and Southern California. The groundbreaking came just months after the project was awarded a massive $3 billion grant from the Biden Administration.