VIports Partners will renovate, maintain and operate Cyril E. King Airport on St. Thomas and Henry E. Rohlsen Airport on St. Croix under an agreement with the U.S. Virgin Islands Port Authority.
Development creates a downtown core for the city of Goodyear through an overhaul of 47 acres of farmland, made possible through a public-private partnership.
Site and utility challenges, critical backstage requirements and bringing the owner’s vision to life complicated the design and construction of this $$338-million P3 project for the University of Texas at Austin.
Transurban-Macquarie will spend $54M over next year to develop preliminary designs for added toll lanes and major bridge upgrade; state also will weigh proposals in fall for design-build contractor to replace Fluor on its stalled Purple Line rail P3.
Climate change considerations, public-private partnerships for small and midsize airport projects, and urban air mobility infrastructure are some of the major issues for the U.S. aviation sector—along with optimism regarding new U.S. Transportation Secretary Pete Buttigieg.
Pending state approvals and environmental review, team will negotiate a 50-year agreement to design, build and operate added toll lanes and new Potomac River bridge for busy I-495/I-270 corridor.