The U.S. grid is not yet ready for the surge of data centers, a new study suggests. Electricity consumption from data centers is projected to rise from 5% to over 16% of total U.S. electricity use by 2033. A new report from Accenture reveals the massive investment needed to power America’s AI-driven digital transformation, with […]
Voters in Somerville, New Jersey, are in favor of both questions for a school bond referendum that will upgrade, renovate and modernize district facilities. Somerville Public Schools announced that the infrastructure and facility-oriented bond has passed the threshold for approval, according to preliminary results. Following this approval, the issuance of new school bond will deliver […]
Montana State University (MSU) has secured the necessary funding for a $46 million facility for Gallatin College MSU. A $4.8 million donation from the Dennis and Phyllis Washington Foundation helped the university reach its private fundraising goal of $22.5 million. The recent donation will supplement funds already allocated for the project by the state. The […]
The city of Santa Barbara, California, has updated its five-year Capital Improvement Plan, identifying and detailing major short and long-term projects in the city’s future. The plan is estimated to cost more than $2 billion for a combined 296 projects. The projects include repairs, maintenance, rehabilitation, improvements and replacements of the area’s critical facilities, roads, […]
Connecticut is considering awarding grants for dozens of capital improvement projects across the state, including $10 million to advance a mall redevelopment in the town of Enfield. The state’s Community Investment Fund (CIF) 2030 Board is approving 35 grants in the sixth round of awards, which will deliver over $77 million in state funding to […]
According to market forecasts, smart city infrastructure investments are growing steadily and will reach $3.7 trillion by 2030. INFRA, a leading provider of infrastructure solutions for autonomous vehicles, and Verra Mobility Corporation, a leading provider of smart mobility technology solutions, see opportunity for investment as more and more cities adopt autonomous mobility. Verra Mobility released […]
Cleveland State University has issued a Request for Qualifications (RFQ) seeking firms interested in redeveloping the site of its 34-year-old basketball arena, which is on the university’s campus in downtown Cleveland. The RFQ, which is due by 2 p.m. on May 2, asks developers whether they would plan to reuse the existing Wolstein Center structure […]