Toll Road Leasing

Illinois Highway 90

Sale of Illinois Tollway Considered to Pay Pension Debt

Gov. J.B. Pritzker has a $134 billion problem in unfunded pension liabilities. Along with several other measures, his administration is considering selling state assets, including the Illinois Tollway, to fill the hole.

February 19, 2019 - Chicago Tribune

No Shortage of Investors Lining Up to Operate Bankrupt Toll Road

Many were surprised when the Indiana Toll Road's operator declared bankruptcy on September 22. Just as surprising may be all the interest by global investors in bidding to replace the bankrupt Australian-Spanish consortium as the new operator.

October 17, 2014 - Reuters

Toll Road Truck

Another (Surprising) Toll Road Bankruptcy

It wasn't supposed to go this way. When Indiana leased the state's namesake, but failing, 157-mile toll road for $3.8 billion to an Australian-Spanish consortium in 2006 for 75 years, analysts predicted a handsome return for investors.

September 22, 2014 - Chicago Tribune

Op-Ed: Legislature Blew It By Not Leasing PA Turnpike

In this op-ed, the former Secretary of the PA D.O.T. bemoans the lost opportunity to lease the PA turnpike to receive $12.8 billion from a private investor group, placing the blame squarely on the state legislature and the Turnpike Commission.

November 13, 2008 - Northeast PA Business Journal

PA Turnpike Lease Saga Coming To A Head

The mother of all toll road leases appears to come to a head next month, and though the chances of the near $13 billion lease of the the 537-mile Pennsylvania Turnpike to Citigroup-Abertis team are most uncertain, the PA saga is worthy of study.

August 28, 2008 - The Wall Street Journal

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.

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