Exactly what the new railcars will look like is still being decided; PRT has formed an internal committee to determine what features and amenities should be included.
The project, slated to be completed this summer, encompasses half a city block in downtown Mount Vernon, Wash., and will be a short walk from Skagit Station, Skagit County’s multi-modal transportation center.
Expert Services Grants enable recipients to hire expert professionals to develop and deliver public-private partnerships in connection with the development of a specific asset.
Transit authorities throughout the country are quickly becoming big-time developers…and in more ways than one might have ever thought possible.
The new initiative, “TIFIA 49,” authorizes borrowing up to 49% of eligible project costs for projects that meet certain eligibility requirements, helping more projects get off the ground.
Someone asked me recently if public-private partnerships (P3s) are just a fad or a delivery method that will ultimately be the country’s future. There’s no doubt about the answer. Public-private partnerships are here to stay.
The Bureau issued a NOFO to solicit applications for grants to designate Accelerators that will serve defined geographic areas, provide technical resources, and fund planning and development activities to expedite project delivery.
The package will total $3.84 billion for six projects. It includes a new TIFIA loan for the Downtown Redmond Link Extension, and refinancing of five previously approved loans under improved terms.
Community-focused investments like TOD are integral to the Biden-Harris Administration’s priorities, including connecting communities and reducing the climate impacts of transportation.
Opening in 2024, the route to Federal Way will offer fast, frequent, and reliable service between South King County and Sea-Tac Airport, downtown Seattle, the University of Washington, Northgate, Lynnwood, and Bellevue.
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