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A Public‐Private Partnership Could Still Redevelop Penn Station

A new front in the battle between the Trump administration and New York’s transportation agencies opened up in April, when the Department of Transportation announced that,  together with Amtrak, it would be taking over the $7 billion project to redevelop Penn Station. The move sidelined New York’s Metropolitan Transportation Authority (MTA), which was leading the […]

500 Comments on Tennessee’s I‐24 Choice Lanes

The Tennessee Department of Transportation (TDOT) still hasn’t released an official shortlist for the I-24 Choice Lanes procurement, but is expected to do so in the near future. The procurement is running in parallel with the project’s federal environmental study, and a draft Environmental Assessment (EA) is expected soon. As part of that evaluation process, […]

Inglewood Transit Connector Inks Predevelopment, Now Bus Lane Project

The predevelopment contract for the Inglewood Transit Connector project has proven to be extraordinarily resilient, so much so that the predevelopment agreement has finally been signed, even though the project has changed almost entirely. The rail transit project that was planned and procured doesn’t involve rail any longer – at least not in its first […]

Maryland Considers Freight Rail P3

The Maryland Department of Transportation (MDOT) is considering novel P3 to improve, operate and maintain approximately 92 miles of freight rail lines on the state’s Eastern Shore. The state collected input and held meetings with industry in April via a Request for Information, and a procurement is expected to begin with an RFQ as early […]

Don’t California My Texas High‐Speed Rail

Texas has a well-earned reputation for out-building California. In both renewable energy to housing, Texas builds while California makes it harder. When Texas Central, the company working to develop a high-speed rail link between Dallas and Houston, completed federal environmental permitting in 2020, it appeared that high-speed rail was about to be added to that […]

I‐285 East Express Lanes Enters RFP Phase

The next round of competition for Atlanta’s massive top end express lanes network has entered the proposal phase. The Georgia Department of Transportation (GDOT) shortlisted bid teams for the I-285 East Express Lanes procurement in late February. The I-285 East Express Lanes project was expected to draw heavy competition from investors, and GDOT’s shortlist is […]

Brightline West Oversubscribed for $2.5 billion PABs Offering

Brightline West’s plans for a high-speed rail connection between Los Angeles and Las Vegas won a vote of confidence from municipal bond investors in March. The project’s $2.5 billion Private Activity Bond (PAB) issuance was significantly oversubscribed. The successful offering will be used to refinance some existing debt and invest in ongoing construction of the […]

FRA to Investigate California High-Speed Rail

The chickens may finally be coming home to roost for the California High-Speed Rail (HSR) project. On February 20, U.S. Transportation Secretary Sean Duffy announced that the Department of Transportation would be opening an investigation into the more than $4 billion in federal funding that the project has received, including a $3.1 billion grant from […]

Lawfare Hasn’t Stopped Congestion Pricing – But Politics Might

The United States is one month into its first experiment in congestion pricing.  New York City began its long-delayed congestion pricing program for lower Manhattan on January 5. As New Yorkers adjust their travel habits, early results for the program are rolling in. The program may not last long, however. The Trump Administration has signaled […]

Brightline West Preparing Major PABs Financing

Brightline West is preparing to close what could become the largest infrastructure financing of 2025, and the largest Private Activity Bond (PAB) offering ever. The company has already broken ground on preconstruction work for its Las Angeles to Las Vegas high speed rail line, and is preparing for its first major construction financing for the […]