The City of Pittsburgh has conducted its first competitive bond sale in decades, raising $62.6 million for the city to proceed with various infrastructure and community investment projects. The bonds were finalized in March for Fiscal Year 2025. PNC Bank submitted the lowest True Interest Cost (TIC) bid at a rate of 4.04% for the […]
Voters in Independence, Missouri, approved a $55 million general obligation bond for critical improvements to the city’s aging transportation infrastructure. The IndeGO Bond allocates $30 million for street resurfacing, $15 million for bridge repairs and $10 million for sidewalk improvements. Street improvement projects will resurface and widen key corridors to improve traffic flow. City staff […]
New campus planning documents reveal an abundance of high interest in new stadiums, or renovations and repurposing projects for existing facilities. Many universities, in fact, are developing campus complexes with new stadiums as a draw for retail, hotels and student housing. Multi-purpose facilities with high end features are being designed to attract large sports events […]
The Pennsylvania Department of Transportation (PennDOT) shared its plans for the 2025 construction season in District 4. The district in northeastern Pennsylvania, comprised of Lackawanna, Luzerne, Pike, Susquehanna, Wayne and Wyoming counties, will see 52 new transportation projects this year, totaling over $300 million. PennDOT Engineering District 4 Executive Richard Roman said 90% of funding […]
California Gov. Gavin Newsom has signed legislation investing an additional $170 million to prevent catastrophic wildfires through the support of forest and vegetation management projects which are critical to protecting communities from wildfire. He also issued an executive order to fast-track critical projects to ensure wildfire resiliency statewide. Gov. Newsom said these actions will cut […]
New York has opened the application period for nearly $644 million in funding for projects to expand access to broadband across the state. Applications are due by May 5. The funding will be available through the federal Broadband Equity, Access and Deployment (BEAD) program and distributed by New York’s ConnectALL office. New York’s Request for […]
A new study is challenging the long-standing belief that urban greenspaces cannot meet the needs of both the public and natural biodiversity. The Florida-based study, published in the March edition of the Urban Forestry and Urban Greening journal, suggests that urban parks can be designed for both human visitors and biodiversity—without compromising one for the […]