When it was launched by Mayor Emanuel and Bill Clinton, the Chicago Infrastructure Trust was promoted as an innovative model for how U.S. cities could fund improvements. But after a year and a half, the bank is struggling to fulfill its promise.
With cities across the country seeking ways to de more with less, the Chicago Infrastructure Trust - launched with much fanfare in March of 2012 - has been held up as a promising model for attracting private investment to help improve public resources.
"Today it’s been more than a year and a half since the trust was created, and Emanuel has little to show for the program that some speculated would be his crowning achievement," writes Ryan Holeywell. "The trust only last month approved its first deal. With so few tangible accomplishments so far, that raises a crucial question: Is Chicago’s program really one worth replicating?"
FULL STORY: Is the Big Build-Up of Chicago’s Infrastructure Bank Justified?
USDOT abandons $8.8B DC Union Station expansion plan to seek private funding
The Trump administration is withdrawing a proposed redesign, offering $24 million to support efforts to bring in private investment.
Texas, California Rail Projects Seek Out Private Funding
In the wake of Trump’s cuts to high-speed rail projects, rail authorities are looking to private-public partnerships to supplement their budgets.
Arizona to Build ‘Testbed’ for Autonomous Vehicles
The Arizona Department of Transportation announced a public-private partnership to install fiber-optic infrastructure along 405 miles of interstate highways to enable vehicle connectivity.
The state-sanctioned urbicide of Austin
People don’t kill cities. Freeways do.
US to reduce Colorado River water deliveries to Mexico
A new Colorado Treaty amendment reduces Mexico’s Colorado River water allocation by 250,000 acre feet.
New Jersey’s second-largest city bans standalone data centers
Jersey City will continue to allow co-location facilities, such as those meant for research institutions that store their own data.
Amtrak not solely to blame for New Jersey commuter rail's unreliability, report finds
A new study from the Garden State Initiative found that NJ Transit’s budget grew 20% across a 4 year period, but reliability declined significantly over the same period.
EPA erases limits on planet-warming pollution from power plants
Under Monday’s plan, power plants would still have some limits on how much mercury, arsenic and other contaminants they can emit.
Phoenix announces new on-demand transit service, more frequent RAPID buses
Both new services will launch in October, and are part of Phoenix's Project Effective Access Solutions for Easing Congestion.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
Eagle County Government
Harvard University Graduate School of Design
Nashville Planning Department
The Architects Foundation
University of Cincinnati Online
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello
Journal of the American Planning Association