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 Transportation 2050 Report Shows Ongoing Progress

By Roland Murphy for Arizona Builder’s Exchange Last week the City of Phoenix released its second “Transportation 2050 Progress Report,” covering July 1, 2017-June 30, 2018. “The voter-approved T2050 plan continues to improve transportation in Phoenix through a continually improving transit system and new paving projects on our city’s busiest arterial streets,” said Mayor Thelda […]

Approved CIPs Show Sustained Growth in Sector

By Rebekah Morris for Arizona Builder’s Exchange The final tally is coming in for this year’s budget season, namely, the Capital Improvement Plans for major municipalities. The next five years appear rosy for publicly funded infrastructure and public works projects, a boost of 7.28 percent in the five-year totals from last year. That is notable […]

PHX Releases 1st Progress Report on T2050

By Roland Murphy for Arizona Builder’s Exchange The City of Phoenix has released its first progress report detailing plans launched and goals met during the Transportation 2050 initiative’s first 18 months of operation. T2050 was approved by voters in August, 2015 to fund aggressive expansion for the city’s long-term transportation goals. The city sales tax […]

Phx Capital Improvement Plan Jumps 30%

By Rebekah Morris and Roland Murphy for Arizona Builder’s Exchange The preliminary five-year total for the City of Phoenix Capital Improvement Plan tops $4.6B, an impressive 30 percent increase over last year’s total. Departments with the largest expenditures are public transit, aviation and water supply. For perspective, the peak 5-yr total reached 7.0B in 2007, […]

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 […]