Ariz. Maintaining Healthy $1B+ Project Count
By Rebekah Morris for AZBEX Arizona is the location of many planned mega projects, each valued at $1B+ total construction cost. Perusing DATABEX for a current list reveals 27 such projects. Come along as we recap the largest projects going on in the state. One caveat to mention upfront; Since BEX covers the commercial and infrastructure markets, single-family residential is specifically excluded. Also excluded are […]
Preliminary CIP Totals Show 6 Percent Increase
By Rebekah Morris for AZBEX The top 10 Capital Improvement Programs (CIP) in Arizona total $22.5B, a 6.01 percent year-over-year increase over last year’s tally. BEX evaluates the internal planning documents produced within more than 30 municipalities each year, identifying funding levels and future trends in public spending for infrastructure and public spaces. This is the fifth consecutive year of increased budget levels for capital […]
PHX OKs Next Step of S. Central Light Rail
Source: City of Phoenix The South Central Light Rail Extension project is moving forward to final design. Last week, the Phoenix City Council approved a $50M agreement with Valley Metro to fund final design and pre-construction activities on the five-mile extension on Central Avenue between Jefferson Street and Baseline Road. “This (is) another major step […]