The American Water Works Association has estimated that $1 trillion will be required to maintain and expand water services over the next 25 years. Here’s why: Americans get their water delivered through approximately one million miles of water pipelines. Most of the pipes, however, outlasted their estimated lifespan of 65 to 100 years some time […]
Parking has become a critical consideration for governmental entities throughout the country. In the next 18 months, there will be thousands of upcoming opportunities related to planning, designing, engineering, and constructing new parking facilities. Not only is parking critical to public agencies, but it also is of the highest concern to cities, counties, colleges and […]
Although large airport projects dominate the news, smaller regional airports are announcing numerous immediate upcoming projects. Record growth at regional airports along with projections that the growth will continue for decades is driving expansion, upgrades, and new construction. Many of the projects are quite large. The smaller, but crucial, airports are significant economic drivers which […]
Upcoming transportation projects are abundant throughout the country. Projects of every size and type can be found, but a sweeping trend is for larger projects to be collaborative in nature. Delivery methods may be called public-private partnerships or comprehensive development agreements, but whatever the name, the common link is that private sector capital is invested […]
Cities with vibrant cultural assets attract tourists, retail establishments, hotels, real estate developers, and appreciation from local citizens. Cultural facilities also boost a region’s economic engine. The 2002 redevelopment of Millennium Park in Chicago, for example, spurred $1.6 billion in revitalization nearby. Libraries, museums, multipurpose theaters, recreational venues, and civic centers also are key components […]
Student housing is a critical component when it comes to recruiting students and retaining them through graduation. Young men and women want to live in modern, purpose-built housing within walking distance of campuses. Some will settle for nothing less – and that is driving a tidal wave of demand for modern, appealing housing options on […]
Economic development is the highest priority for a majority of America’s mayors. And, within that category, parks and recreation is the No. 1 redevelopment priority throughout the country. There are several reasons, not the least of which is the fact that parks generate an incredible amount of revenue for cities. One source reports that more […]