They are fees, ruled the court on Oct. 31, overturning a May 1, Portsmouth circuit judge ruling in a major victory for both tolling and public-private partnerships. It allows tolls to fund the Elizabeth River Crossings, VDOT's P3 tunnels project.
Taking advantage of low borrowing costs, Mayor Michael Bloomberg announced this week that New York City will spend up to $1 billion on “critical” infrastructure, including bridges, roads, schools and libraries over the next 20 months.
With researching suggesting international immigration can kick-start local economies, cities across America are contemplating efforts at attracting, and retaining, immigrants. But are immigrants the silver bullet to revive declining cities?
To the tune of at least $4 billion in tax exemptions, America's taxpayers have collectively subsidized the construction of sports venues across the country, for the benefit of sports owners' bottom line. Are we getting our money's worth?
Leading the way in establishing Hong Kong's ambitious new $2.8 cultural district is the M+ Museum, which, at more than twice the size of the Tate Modern, intends to be Hong Kong’s answer to the Centre Pompidou or the Guggenheim in Bilbao.