Highway contracting is big business, and we mean BIG. The Georgia Department of Transportation has come to a deal with Top End Mobility Group to build and maintain 19 miles of express lanes along I-285 in Atlanta, a project meant to alleviate congestion in coming decades. Top End will pay $8.9 billion in construction costs in exchange for 50 years of toll revenue from the project, along with a $23.6 billion concession fee. Those are some eye-popping numbers ahead of a massive project that isn’t expected to be completed until 2042. The staggering scale and complexity of the highway plan has GDOT and the winning bidders at Top End RISING…
Atlanta’s ‘Stitch’ project searching for federal funding
Atlanta’s ambitious ‘Stitch’ project would cap the Downtown Connector with a series of parks and greenspace in a manner that supporters say would rival the Beltline as an economic development driver. One problem – it doesn’t have enough funding to move forward. Stitch leaders have applied for a $60M federal grant from the PROTECT infrastructure program, hoping that if they can secure it there will be a swell of philanthropic support to push the project forward. But with a $1 billion price tag (that’s sure to go up) the Stitch is stuck DRIFTING…
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