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Chicago Skyway May Be Back on the Market

According to local news reports, the Chicago Skyway concession may be back on the market – for the third time. Bloomberg reported this month that two of the Skyway’s current investors are considering selling their stakes in the asset, though none of the investors in the toll bridge confirmed the reporting. The Skyway concession is currently […]

Busses, Batteries and Value Capture: Potrero Bus Yard Proposals Due

The San Francisco Metropolitan Transit Authority (SFMTA) will soon accept final, revised proposals from bid teams for the Potrero Yard Modernization project in San Francisco. The project will completely redevelop an aging, 4.4-acre municipal bus maintenance yard near the Mission District in San Francisco, with the intent of expanding capacity and preparing for the transition […]

Uinta Basin Railway Poised to Start Construction

The EPC contract on the long-awaited Uinta Basin Railway project has finally been awarded. The 88-mile freight rail line in Utah will be the largest railway construction project in the US in decades.

San Jose Airport Transit Gets RFP/Q

Successful P3s lead other cities to consider similar P3s. The anticipation of federal funding opportunities leads cities to consider them faster. The city of San Jose is moving very quickly towards a predevelopment agreement for its own airport connector project, releasing an RFP/Q for the program this month. The project will connect the city’s airport […]

Major Bridge Program Gets Major Injunction. PennDoT Appeals

The Major Bridge P3 program in Pennsylvania received a temporary injunction in state court this month. Pending a reversal on appeal, or after a full hearing, the ruling will prevent PennDoT from moving forward with most of the program’s planning and with its predevelopment agreement. The ruling came in response to a lawsuit to block […]

LAX People Mover Guideway Completed

The LAX Automated People Mover P3 in California reached a major construction milestone this month. The fixed guideway for the transit project was completed. Rail testing is expected to begin later this year, and the project is expected to begin operations in 2023.

Double Shortlists for Inglewood Transit P3

This month the city of Inglewood advanced both sides of its procurement for the Inglewood Transit Connector (ITC) project. The city published two shortlists for the DBFOM transit P3: one for the prime concessionaire and another for the Transit Technology Suppliers for the project. The shortlists are another step forward in the $1.4 billion transit […]

Purple Line Reaches Financial Close

The Purple Line’s multiyear restructuring saga has finally come to a close – financial close. This month Purple Line Transit Partners (PLTP) and the Maryland Department of Transportation (MDoT) reached financial close for the restructured project. Construction along the line may now restart in earnest, with new design-builder Maryland Transit Solutions (MTS).

Inglewood Transit Connector CEQA Completed, Shortlist Coming Soon

The Inglewood City Council approved the Final Environmental Impact Report for the Inglewood Transit Connector project last week, completing the final step to certify the project’s environmental permits under the California Environmental Quality Act (CEQA). The city is aiming to complete a dual-track P3 procurement to deliver the transit line later this year.

GDoT Releases SR 400 Express Lanes RFQ

The first DBFOM procurement of what portends to be a massive managed lanes project pipeline is officially underway. The Georgia Department of Transportation (GDoT) published an RFQ for the SR 400 project on March 31st. The project will develop approximately 16 miles of express lanes along SR 400 extending north from Atlanta’s I-285 interchange.