Florida's Forward Thinking

10.2014
World Highways

This article was first published in World Highways October 2014 and is reproduced with the permission of Route One Publishing Ltd. Copyright 2014 Route One Publishing Ltd.

Florida Department of Transportation’s (FDOT) public-private partnership (PPP) programme has made impressive progress, setting precedents for US transportation planning and funding. On March 26th 2014, FDOT opened 16km of new reversible express lanes as part of its US$1.8 billion I-595 Corridor Roadway Improvements Project. Just a few months later, on August 3rd 2014, FDOT opened twin tunnels under Biscayne Bay, which were built as part of the estimated $1 billion Port of Miami Tunnel Project. And, finally, on September 4th 2014, FDOT’s $2.3 billion I-4 Ultimate project, the largest availability payment-based (AP) public-private partnership (PPP) transaction in the United States, reached its financial close.

Click below to continue reading.

Related Materials:

Related Practices

Jump to Page

We use cookies on this website to improve functionality, enhance performance, analyze website traffic and to enable social media features.  To learn more, please see our Privacy Policy and our Terms & Conditions for additional detail.