John Hennessy III,
P.E.
Written by Mary Scott Nabers President and CEO, Strategic Partnerships Inc. As Congressional leaders in Washington debate an infrastructure bill, elected officials at the state and local levels of government are not waiting…they have been moving ahead for the last two years. In many states, collaborative initiatives have been launched to repair aging infrastructure, install […]
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Sports and entertainment venues contribute significantly to the U.S. economy. The activities associated with both appeal to millions of people. They generate revenue, attract retail establishments and provide benefits of all types to government. Because of this, sports and entertainment districts have become very “hot items” and every city wants at least one.
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Energy professionals throughout the country are looking for ways to increase capacity, provide storage, expand services and ensure security and sustainability. Those goals cannot be reached without collaboration from private-sector partners.
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The United States has incredibly busy airports – in fact, some of the busiest in the world. That’s good, because it indicates that many of the more than 4 billion global air passengers each year are flying in or out of America. However, a sobering statistic is troubling. America no longer has a single airport listed in the top 25 best airports in the world.
View this complete post...Some of the nation’s larger transit authorities are making plans to spend billions of dollars over the next two to four decades. Metropolitan Atlanta Rapid Transit Authority (MARTA)’s CEO Jeff Parker says that the transit authority will invest $100 billion in transit and tech over the next four decades. He notes that the Los Angeles County Metropolitan Transportation Authority will also commit $120 billion over the next 40 years. Government leaders in Washington, D.C., say an investment of $500 billion over 20 years by the Washington Metropolitan Area Transit Authority is not unrealistic.
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Renewable energy, global warming, public safety and infrastructure reform are four issues that have captured the country’s attention. There are other critical issues, of course, but most observers believe these issues have now garnered enough attention to force change at the federal level of government. That would be good, but change is already occurring… even without assistance from Congress.
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Public officials at the state and local levels of government are seeking alternative sources of funding to deal with thousands of infrastructure issues that threaten their economy and the well-being of citizens. Large cities and counties have no trouble finding interested private-sector investors. That’s not been the case, however, for small communities and rural areas in most states. That is now changing.
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Long neglected, the country’s border crossings now face a $4 billion deficit for much-needed improvements. That trend should be turning significantly though and the border regions are soon to become a lucrative emerging marketplace. The tide has shifted and it appears that border crossing needs will finally be addressed.
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There is no alternative to providing citizens with healthcare services and government leaders are searching for ways to upgrade, modernize and expand existing facilities while constructing new ones. The country’s healthcare infrastructure has definitely attracted national attention and that will stimulate demand for construction services significantly in the next few years.
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It would be hard to find individuals anywhere who disagree with the importance of higher education, but public funding has not kept up with campus and teaching needs. University executives scramble every year to cobble together revenue from dozens of sources and that will obviously continue in 2019.
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