Even as hard-hit areas of two of the country’s most developed regions push for normalcy after back-to-back hurricanes in early September, policymakers and construction industry experts are weighing the longer-term implications of the damage in Houston, Florida and the Caribbean from Harvey and Irma—and how and whether infrastructure resiliency can be accelerated and how that will affect coastal development.
Major delays in a pair of multibillion-dollar bridge proposals have handed Canada’s Trudeau government a setback as it pushes to get marquee infrastructure projects moving to boost the economy.
Continued construction risk in public-private partnerships was a key topic for financing experts on a panel hosted by investment firm D.A. Davidson as part of its annual investor conference.
When former Harrisburg, Pa., Mayor Stephen Reed (D) and his aides set out to retrofit the city’s aging incinerator in late 2000, the project spun out of control over the coming years, enlarging the debt the city owed on the facility to $300 million and sinking Harrisburg into financial ruin.
If initial lessons included in an interim status report on the cause of February’s failure of the main spillway at California’s Oroville Dam are heeded, hundreds of U.S. dams more than 50 years old may have to be re-examined and upgraded.