Following nearly four years of procurement efforts, the Port of Miami Tunnel PPP reached financial close on October 15 after an extension of the October 1 deadline. The financing package included $341M senior debt from a consortium of ten banks, $341M federal TIFIA loans, and $80M equity from project sponsors Meridiam Infrastructure (90%) and Bouygues (10%). Join discussion...

French public works group Vinci (SGEF.PA) will secure financing this week for an 887 million euro ($1.3 billion) public-private partnership (PPP) road project in Slovakia allowing construction to start, sources close to the project said on Tuesday. Join discussion...

Touted as the largest development project of its kind in the United States, construction begins this fall on the new LBJ project on Interstate 635 between US 75 and Interstate 35E in Dallas with a goal of relieving the severe congestion motorists experience on a specific 13-mile section on I-635 from just west of I-35E (near Luna Road) to just east of United States Highway (US) 75 (near Greenville Ave.), and south on I-35E from I-635 to Loop 12. Join discussion...

Miami-Dade County Mayor Carlos Alvarez is hitting the road Monday to lobby for the stalled Port of Miami tunnel project. The mayor is taking a team of local politicians to Tallahassee to meet with Florida Department of Transportation Secretary Stephanie Kopelousos, who recently said she wanted to scrap the previous $1.8 billion arrangement to build and manage the tunnel. Join discussion...

Miami-Dade Mayor Carlos Alvarez made it clear he wants quick action on the $1 billion Port of Miami tunnel project, one day after state officials scrapped the deal to build it. Join discussion...

The Texas Transportation Commission gave preliminary approval Thursday to a deal that would cost taxpayers $445 million and attract another $1.5 billion from a team of investors led by Cintra, the Spanish-based toll company with a fast-growing presence in Texas. Join discussion...

With 122 comments from readers, and counting, this morning's story about the North Tarrant Express toll project has obviously touched a nerve. With a few minutes to kill before an interview with NTTA leaders, I thought I'd answer some of the frequent questions raised by commenters and by those who sent me their thoughts directly. Join discussion...

Overall, North Tarrant Express is a far-reaching project worth more than $2 billion over 20 years. It includes the reconstruction of I-35W from downtown Fort Worth to Alliance Airport, Northeast Loop 820 from I-35W to North East Mall (which carried 130,000 vehicles a day in 2007) and Texas 121/183 from North East Mall to Texas 161 in Irving. Join discussion...

The North Tarrant Express will be financed by the group, dubbed North Tarrant Express Mobility Partners, along with $600 million in taxpayer funds, according to Chris Lippincott, a spokesman for the Texas Department of Transportation. Join discussion...

Florida Gov. Charlie Crist on Thursday assured Miami-Dade Mayor Carlos Alvarez that funding for Miami’s port tunnel project would get a second look, the mayor said. Join discussion...