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Infrastructure

All articles tagged with #infrastructure

Charlotte Nears 1 Million as Growth Tests Infrastructure and Patience
local1 hour ago

Charlotte Nears 1 Million as Growth Tests Infrastructure and Patience

Charlotte is racing toward 1 million residents, with 20,731 people added between 2024 and 2025—the most of any U.S. metro—bringing the city to about 964,784 and heightening concerns that rapid growth is reviving the crowded, costly conditions it drew people away from. While still cheaper than peer cities, housing affordability is eroding as incomes lag home-price gains (median values rising from about $238k in 2019 to roughly $407k today). Planners are pushing density along transit corridors and pursuing transit upgrades, even as debates over toll lanes and major projects linger after Mecklenburg County approved a 1-cent transportation sales tax.

via Axios|
#charlotte#housing-affordability#infrastructure
Gas Prices Push Americans Toward Public Transit, But Funding Trails Behind
business1 hour ago

Gas Prices Push Americans Toward Public Transit, But Funding Trails Behind

Rising gas costs have pushed more Americans to use public transit, with notable ridership gains in Los Angeles, San Diego, San Francisco, Washington, D.C., and Amtrak; yet transit agencies are financially strained and depend on public funding, prompting emergency loans and policy bills to prevent service cuts while continuing capital projects like the L.A. Metro D Line extension.

via Jalopnik|
#business#gas-prices#infrastructure
Penn Station Master Developer Chosen for Bold Transformation With 2027 Groundbreaking targeted
infrastructure5 days ago

Penn Station Master Developer Chosen for Bold Transformation With 2027 Groundbreaking targeted

U.S. DOT Secretary Sean P. Duffy and Amtrak announced Halmar and Skanska as Penn Transformation Partners, the private master developer chosen to overhaul New York Penn Station. The plan calls for a grand Eighth Avenue entrance, a new train hall, expanded track capacity with limited through-running, open concourses, enhanced wayfinding and retail, and a refreshed exterior for Madison Square Garden, while upgrading the subterranean structure. The project includes $200 million in FRA funding plus additional support from Amtrak and NJ TRANSIT, with shovels planned to be in the ground by the end of 2027 after finalizing contracts, permits and design. The initiative, prioritized by the Trump administration since 2025, aims to deliver a world-class hub and more reliable service for commuters and travelers.

via Amtrak Media|
#amtrak#federalfunding#infrastructure
Halmar Named Master Developer for NYC Penn Station Makeover, Targeting 2027 Groundbreaking
business5 days ago

Halmar Named Master Developer for NYC Penn Station Makeover, Targeting 2027 Groundbreaking

The U.S. Department of Transportation and Amtrak have selected Penn Transformation Partners (Halmar) as the private master developer to overhaul New York Penn Station, aiming to break ground by 2027. The plan includes a grand Eighth Avenue entrance, a new train hall, expanded concourses and track capacity, limited through-running on the regional rail network, improved retail and wayfinding, and a refreshed exterior while preserving Madison Square Garden. The project will receive an additional $200 million in federal funding, with further support from Amtrak and NJ TRANSIT, and next steps include finalizing contracts, permits, design work, and achieving financial close before construction begins by year-end 2027.

via Amtrak Media|
#amtrak#business#infrastructure
Trump Unveils DC Renewal Drive to Rebuild National Pride
politics6 days ago

Trump Unveils DC Renewal Drive to Rebuild National Pride

President Trump frames a sweeping Washington, DC restoration push—highlighting the Meridian Hill Park fountain’s restoration and ongoing infrastructure and beautification projects—as a rejection of decline, with aims to make the capital safer, more beautiful, and a symbol of national pride ahead of the city’s 250th anniversary on July 4, 2026.

via The White House (.gov)|
#infrastructure#national-pride#politics
Bipartisan BUILD America 250 Act lines up historic five-year infrastructure push
government8 days ago

Bipartisan BUILD America 250 Act lines up historic five-year infrastructure push

House Transportation and Infrastructure leaders released the text of the BUILD America 250 Act, a bipartisan five-year surface-transportation bill that would fund major upgrades to roads, bridges, transit, rail, and safety programs. The plan includes the largest-ever investment in bridges (over $50B), expands passenger rail and safety measures, creates an autonomous commercial vehicle framework, and strengthens the Highway Trust Fund with new revenue. The lawmakers say the bill emphasizes efficiency, innovation, and faster project delivery, with hearings held and markup planned before the current authorization expires in September 2026.

via House Transportation and Infrastructure Committee (.gov)|
#bipartisan#bridges#government
Ukraine strikes hit Moscow’s defense plants and oil hubs overnight
world8 days ago

Ukraine strikes hit Moscow’s defense plants and oil hubs overnight

Ukrainian forces carried out overnight strikes (May 16–17) on Moscow City and Moscow Oblast targets, hitting defense-industrial facilities (notably the Angstrem Semiconductor Plant at the Elma Technopark in Zelenograd) and several oil sites (Solnechnogorsk pumping station, Moscow Refinery in Kapotnya, Volodarsk pumping station), with footage and officials tying at least one fire to the operation. Moscow officials acknowledged drone activity and some damage to residential areas, while Russia reported downing a large majority of drones. Ukraine also pressed long-range strikes against other Russian assets, and Russian milbloggers expressed frustration with air defenses and called for broader protection measures. ISW assessments emphasize Moscow’s defense gaps exposed by the strikes and Kyiv’s expanding long-range strike capability.

via Institute for the Study of War|
#drones#infrastructure#moscow
Trump Rules Freeze Chinese Investments in U.S. Solar Projects
energy9 days ago

Trump Rules Freeze Chinese Investments in U.S. Solar Projects

Rhodium Group estimates Chinese firms abandoned about $2.8 billion in planned U.S. clean-energy projects since 2022 as Trump-era FEOC rules tighten on Chinese ownership; major players like JinkoSolar, Trina Solar, and JA Solar have sold stakes in U.S. facilities, slowing deployment and raising power costs, per Reuters. The report notes China’s domestic solar capacity is expanding rapidly, with hundreds of gigawatts under construction and more announced, signaling a continued push to lead in clean-energy manufacturing despite the pullback in America.

via Gizmodo|
#china#climate-policy#energy
AI-Driven Downsizing: Meta Bets on Efficiency as Spending Surges
business25 days ago

AI-Driven Downsizing: Meta Bets on Efficiency as Spending Surges

Meta plans a 10% workforce reduction in May as it ramps up AI infrastructure spending, doubling annual capex to $125–$145 billion. CEO Mark Zuckerberg says AI will amplify human work, not replace it, while the company streamlines to smaller, faster teams and launches internal programs like AI Weeks and AI pods; investors reacted with about a 6% stock drop after the spending details were disclosed.

via Business Insider|
#ai#business#earnings
Maryland dumps Kiewit as Key Bridge contractor, opening bid and potential 2030 delay
transportation27 days ago

Maryland dumps Kiewit as Key Bridge contractor, opening bid and potential 2030 delay

Maryland has terminated its contract with Kiewit to design and build the Francis Scott Key Bridge rebuild, citing cost projections that exceed state estimates. The state will seek a new builder in the open market, a move that could push the bridge’s opening beyond 2030. The project’s cost outlook has grown to roughly $4.3–$5.2 billion; officials say the gulf in negotiations made continuing with Kiewit impractical, though the company will complete certain already-committed work through year-end. Gov. Moore and Transportation Secretary Duffy framed the decision as prudent for taxpayers and competition. Kiewit has been paid over $700 million for design and early construction plus about $500 million for construction to date, with a timeline to hire a new builder to be set at an upcoming industry forum.

via thebanner.com|
#infrastructure#key-bridge#kiewit
Canada launches 'people’s fund' to break from Trump-era U.S.
politics28 days ago

Canada launches 'people’s fund' to break from Trump-era U.S.

Canada will create a sovereign wealth fund open to citizens to invest in infrastructure and energy projects in an effort to reduce its reliance on the United States, a plan pushed by Prime Minister Mark Carney that he says will be a “people’s fund” modeled after Norway. The fund would back pipelines, nuclear generation, and a high‑speed rail network, signaling a more independent path amid tensions with Trump’s U.S. government.

via The Daily Beast|
#canada#donald-j-trump#infrastructure
Canada unveils its first sovereign wealth fund to back nation-building
business29 days ago

Canada unveils its first sovereign wealth fund to back nation-building

Canada announced the Canada Strong Fund, its first sovereign wealth fund, with an initial C$25 billion to invest in energy, infrastructure, mining, agriculture and technology, and to accept direct Canadian investments; intended to spur growth amid US tariff pressures, but critics warn returns may be limited and funding could come from borrowing given the deficit; the government will hold consultations on the fund’s details.

via BBC|
#business#canada#canada-strong-fund