Major transportation projects across North Texas are delayed and unfunded while congestion worsens. It's time to embrace P3s, a proven method to build roads with zero construction cost to taxpayers.
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Ferrovial, through the NTE Mobility Partners consortium led by its subsidiary Cintra, has completed a financing arrangement to improve the North Tarrant Express toll road in Texas.
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In a poll published poll from the North Texas Commission, 80% of North Texas residents favor adding toll lanes to the North Tarrant Express Midtown section of SH 183 connecting the DFW airport and downtown, at no construction cost to taxpayers.
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IRVING, TEXAS—An alliance of North Texas business and community leaders is calling for needed capacity improvements to the North Tarrant Express (NTE) Midtown portion of the SH 183 corridor. The segment serves as a primary artery to the Dallas Fort Worth International Airport, downtown Fort Worth and cities across the region, making it a vital connector for commuters, commerce and cargo.
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North Tarrant Express Mobility Partners' public-private partnership project will alleviate DFW's increasing transportation needs. P3 road projects have shown improved operational efficiency, increased public safety, and more efficient planning and execution.
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FORT WORTH (June 20, 2023) – The last segment of the North Tarrant Express 35W project, connecting downtown Fort Worth and the AllianceTexas development and Denton County to the north, will officially open on Tuesday, June 20. The 6.7-mile section of I-35W, spanning from the 81/287 Decatur cutoff to Eagle Parkway in AllianceTexas, was completed three months ahead of schedule.
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Ferrovial, a global leader in infrastructure solutions, today announced the completion of the third segment of the North Tarrant Express (NTE) 35W project in Fort Worth, Texas. The inauguration was celebrated with the traditional ribbon-cutting ceremony, together with regional, state, and federal officials, as well as Ferrovial Chairman Rafael del Pino, CEO Ignacio Madridejos, and other executives of the company.
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Private investment through public private partnerships saves taxpayer dollars, provides expertise and efficiency, and keeps pace with population growth. To encourage future economic development, Texas needs private investment and innovation.
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Texans are embracing local toll roads, paying a small fee for a hassle-free commute. P3s are ready to finance toll lanes to DFW Airport, relieving congestion and improving commuting at no construction cost to taxpayers.
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By Eleanor Dearman
Plans are in the works to add lanes to the often-congested Loop 820/Texas 121/183 Airport Freeway corridor in Northeast Tarrant County.
Northeast Loop 820 will get two general purpose lanes, one in each direction, from Interstate 35W to the Airport Freeway interchange. Airport Freeway will get an additional TEXPress lane in each direction, from the interchange to Industrial Boulevard in Euless. The stretch of highway is among the most congested in the state, according to the Texas A&M Transportation Institute.
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With the state’s elected leaders prudently aside more than $500 million for water augmentation and conservation projects and overhauling the state agency responsible for financing water infrastructure in the closing days of the legislative session, Arizona’s robust tradition of using public-private partnerships (P3s) to deliver critical water investments appears set to enter a transformative new phase.
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The Texas Department of Transportation’s $85 billion, 10-year Unified Transportation Plan is a large, promising step in the right direction. But it does not go far enough. What Texas really needs – and what officials must support – is a permanent planning and funding mechanism, with a long-term time horizon and with private investment at its heart.
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The northern Virginia interstate is being redeveloped as a multimodal expressway. Commuters will be able to see real-time traffic data, both on highway message boards and inside connected vehicles, along with dynamic tolling lanes that offer drivers options along the always-shifting spectrum of speed, efficiency, and cost.
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Mary Scott Nabers from Strategic Partnerships said private industry provides the design, building, funding, operation and maintenance for the greater public good. Funding is abundant for P3s, and the interest in partnering with public entities is high in private equity.
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Economic growth + drought demands more water supply. Public private partnerships are part of the answer.
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One of the things we've learned is that public-private partnerships are effective, and I mentioned the president launched one early in his administration focused on industrial control systems…
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Thanks to Texas voters and that 2014 constitutional amendment, and actions by the Texas Legislature that provided for it, the state has had more highway money to work with in recent years. At the same time, though, demands on the road and bridge system have only intensified.
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“We plan to make Rio Grande LNG one of the most sustainable LNG export projects by combining mission reductions associated with our carbon capture and storage project, utilizing responsibly sourced natural gas and our pledge to use net zero electricity.”
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Texas had 3,866 water boil notices in 2021, the most in the last decade. Aging water systems threaten water supply and quality — and for many small towns across the state, they won’t be cheap to repair.
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A new toll road in Hidalgo County officially broke ground on Wednesday.
The $281 million project will connect more than 12 miles between the Pharr International Bridge with the Anzalduas Bridge in Mission.
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