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Maryland OP Lanes Commercial Close Delayed

After four years of planning and predevelopment, the concession for the first phase of Maryland’s OP Lanes initiative is on the verge of reaching commercial close. Unfortunately, it will be just a few months too late to be awarded prior to the end of Governor Larry Hogan’s final term in office. In November, MDoT announced […]

Colorado Rejects I-25 North Express Lanes Proposal

At its board meeting in November, the Colorado Transportation Investment Office (CTIO) rejected an unsolicited proposal to add approximately 21 miles of express lanes along I-25 between Denver and Fort Collins. The conceptual proposal for the project was originally received in March 2021, and called for the addition of two express lanes in each direction. […]

Predevelopment Partner Selected for Potrero Bus Yard P3

This month, the San Francisco Metropolitan Transit Agency (SFMTA) moved its trailblazing Potrero Yard Modernization Project P3 forward by selecting Potrero Neighborhood Collective LLC, led by Plenary Americas, as its predevelopment partner. The long-awaited predevelopment award has been in the works since the SFMTA accepted original proposals for the project in late December 2020, and […]

Maryland OP Lanes Hit with NEPA Lawsuit

To the surprise of no one, and to the chagrin of Maryland’s Governor Larry Hogan (R), the state’s OP Lanes initiative is facing new litigation. This month, the project was on the receiving end of a lawsuit challenging the project’s federal permit under the National Environmental Policy Act (NEPA).

The Urban Economics and Regional Politics of the Freeway Removal Project

Highway removal projects are nothing new, at least in concept. The movement to tear down urban highways emerged in the early 1960s, around the same time, and often from the same corners, as the anti-highway-development movement. In more recent decades, many cities have flirted with the idea of highway removal. And some have pulled it […]

First Segment Opens for I-66 Outside the Beltway

“We are now transforming the most congested area, the most congested road in the United States of America,” said then-Governor Terry McAuliffe at the November 2017 groundbreaking of I-66 Outside the Beltway.

Chicago Skyway Stake Acquired by Atlas Arteria for $2 Billion

A two-thirds stake of the Chicago Skyway toll bridge was acquired for $2.01 billion this month by Atlas Arteria, a publicly listed toll road operator from Australia. The deal came after two of the three Canadian pension funds that previously owned the Skyway concession, the Canadian Pension Plan Investment Board (CPPIB) and the Ontario Municipal […]

Design Builder Selected for Maryland OP Lanes Project

The Maryland OP Lanes initiative took a major step towards commercial close in September. After a competitive solicitation, Tutor Perini was selected to be the design and construction contractor for Phase 1 South, the first major construction element of the initiative. The selection was announced this month after a competitive solicitation by Accelerate Maryland Partners […]

Puerto Rico Toll Road Concession goes to RFQ

Puerto Rico’s Public-Private Partnership Authority (P3A) is wasting no time moving forward with their proposed concession to lease a portfolio of four operating toll roads. Responses to the RFQ are due on September 19th.