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.
The era of big-box retail dominance is coming to an end. That's the opinion of David Welch, Chris Burritt and Lauren Coleman-Lochner, writing in <em>Bloomberg</em> on the occasion of Best Buy's recent announcement that it is closing 50 big stores.
As the Highway Trust Fund goes bankrupt, the editors of <em>Bloomberg</em> suggest new ways to finance transportation infrastructure that integrates new technology, increasing public-private associations and loosening the funding framework itself.
The 80s-era convention center on the far west side of Manhattan would be turned into a mixed-use development and a Malaysian gambling company would instead redevelop the Aqueduct Racetrack in Ozone Park, Queens.