The nearly decade-long fight over whether to raze or rebuild the Alaskan Way Viaduct on Seattle’s waterfront is nearing a final decision. On Jan. 13, Washington Gov. Chris Gregoire (D) announced that she favors replacing the 55-year-old highway with a $4.25 billion deep-bored tunnel. King County Executive Ron Sims, Seattle Mayor Greg Nickels and Port of Seattle Chief Executive Officer Tay Yoshitani also support the plan. Elected officials have been debating whether to rebuild or replace the viaduct since 2001, when the double-deck freeway was damaged in an earthquake. A month ago, an advisory committee created to study design options
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.