With Senate hearings due on possible legislation to speed up federal review and permitting for construction projects, a coalition of construction and other business groups is pushing the case for bipartisan legislation to meet that goal.
The original price tag was $233 million, but last month the new estimate jumped to $264 million, with TxDOT citing supply chain issues and the impact of inflation on concrete and steel prices.
Team, known as New York City Football Club, aims to complete construction in time for the 2027 season, with other redevelopment also planned in Willets Point former industrial area.
Estimated $750-million to $950-million project set to be built on an Occidental Petroleum site in Texas would remove 860,000 tons of carbon dioxide a year by capturing it and storing it underground.
KBR confirmed energy firm Equinor letter of intent for design of giant floating structure, along with Canada-based Hatch, with final investment decision possible in late 2024.