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Released September 14, 2021 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is tracking 123 transportation projects, worth $103.15 billion, that are under construction in the U.S. California outpaces all other states in project spending with more than $43 billion, thanks in large part to a high-speed rail transit project.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for a full list of detailed project reports. Many of these transportation projects take years to complete.
Last month, the U.S. Senate passed a $1 trillion bipartisan infrastructure bill, which includes new federal funding for transportation projects. After the bill's passage, President Joe Biden said, "Everyone from union to business leaders to economists--left, right, and center--believe the public investments contained in this bill will generate more jobs, higher productivity, higher growth for our economy over the long term." While the U.S. House could consider the measure later in September, there is no guarantee it will make it to Biden's desk.
Out of the approximately $550 billion in new federal spending, about $110 billion would go to repairing aging highways, roads and bridges; according to the White House, 173,000 total miles of America's highways and major roads and 45,000 bridges are in poor condition. About $66 billion in funding is allocated for passenger and freight rail--solely earmarked for Amtrak (Washington D.C.) to reduce its maintenance backlog and upgrade its existing rail network, including the 457-mile-long Northeast Corridor, its most heavily used line, which runs from Washington D.C. through New York City to Boston. Public transit accounts for $39 billion of the proposed investment, in addition to $25 billion for airports and $17 billion for ports, among other recipients.
The White House estimates California would receive the highest amount of infrastructure funds for any state--at least $44.56 billion--with highways and public transit accounting for almost $35 billion. Texas and New York rounded out the top three states for estimated allocations, which are subject to change and based on the allocation of funds in prior legislation.
The California projects are headlined by a $25 billion grassroot, high-speed, CP1 rail segment project in the San Francisco area, which will run 32 miles from Madera County to Fresno County as part of the state's $38 billion high-speed rail project. Construction on the CP1 section kicked off in 2014 and completion is expected in early 2026. Bombardier-Salcef-Weitz Consortium (Montreal, Quebec) is the contractor on the project.
Work is also underway on the related CP 2-3 segment, which calls for 66 miles of high-speed rail from Fresno to north of Bakersfield in Kern County, and the 22-mile CP4 section through Kern County. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can see detailed project reports on the CP1, CP 2-3 and CP4 projects.
The Los Angeles County Metropolitan Transportation Authority is at work on extending two sections of the city's Purple Line light rail. The Section 1 extension will extend the line 3.9 miles and create three new stations, while the Section 2 extension calls for an additional 2.59 miles of track and two new stations. Section 1 is expected to open in 2024 and Section 2 in 2025. For more information, see Industrial Info's project reports on the Section 1 and Section 2 projects.
Meanwhile, investment in transportation projects in Texas is led by the estimated $1.5 billion refurbishment of Terminal D at the George Bush Intercontinental Airport in Houston. The project entails demolishing the existing 20-year-old terminal, constructing a 780,000-square-foot terminal with 15 gates, and updating passenger areas. Austin Commercial (Dallas, Texas) and Gilbane Building Company (Houston) are the joint-venture construction managers. For more information, see Industrial Info's project report.
For information on New York's top transportation projects currently under construction, see July 6, 2021, article - Transportation Projects Lead New York to More than $14 Billion in Under-Construction Projects.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for a full list of detailed project reports. Many of these transportation projects take years to complete.
Last month, the U.S. Senate passed a $1 trillion bipartisan infrastructure bill, which includes new federal funding for transportation projects. After the bill's passage, President Joe Biden said, "Everyone from union to business leaders to economists--left, right, and center--believe the public investments contained in this bill will generate more jobs, higher productivity, higher growth for our economy over the long term." While the U.S. House could consider the measure later in September, there is no guarantee it will make it to Biden's desk.
Out of the approximately $550 billion in new federal spending, about $110 billion would go to repairing aging highways, roads and bridges; according to the White House, 173,000 total miles of America's highways and major roads and 45,000 bridges are in poor condition. About $66 billion in funding is allocated for passenger and freight rail--solely earmarked for Amtrak (Washington D.C.) to reduce its maintenance backlog and upgrade its existing rail network, including the 457-mile-long Northeast Corridor, its most heavily used line, which runs from Washington D.C. through New York City to Boston. Public transit accounts for $39 billion of the proposed investment, in addition to $25 billion for airports and $17 billion for ports, among other recipients.
The White House estimates California would receive the highest amount of infrastructure funds for any state--at least $44.56 billion--with highways and public transit accounting for almost $35 billion. Texas and New York rounded out the top three states for estimated allocations, which are subject to change and based on the allocation of funds in prior legislation.
The California projects are headlined by a $25 billion grassroot, high-speed, CP1 rail segment project in the San Francisco area, which will run 32 miles from Madera County to Fresno County as part of the state's $38 billion high-speed rail project. Construction on the CP1 section kicked off in 2014 and completion is expected in early 2026. Bombardier-Salcef-Weitz Consortium (Montreal, Quebec) is the contractor on the project.
Work is also underway on the related CP 2-3 segment, which calls for 66 miles of high-speed rail from Fresno to north of Bakersfield in Kern County, and the 22-mile CP4 section through Kern County. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can see detailed project reports on the CP1, CP 2-3 and CP4 projects.
The Los Angeles County Metropolitan Transportation Authority is at work on extending two sections of the city's Purple Line light rail. The Section 1 extension will extend the line 3.9 miles and create three new stations, while the Section 2 extension calls for an additional 2.59 miles of track and two new stations. Section 1 is expected to open in 2024 and Section 2 in 2025. For more information, see Industrial Info's project reports on the Section 1 and Section 2 projects.
Meanwhile, investment in transportation projects in Texas is led by the estimated $1.5 billion refurbishment of Terminal D at the George Bush Intercontinental Airport in Houston. The project entails demolishing the existing 20-year-old terminal, constructing a 780,000-square-foot terminal with 15 gates, and updating passenger areas. Austin Commercial (Dallas, Texas) and Gilbane Building Company (Houston) are the joint-venture construction managers. For more information, see Industrial Info's project report.
For information on New York's top transportation projects currently under construction, see July 6, 2021, article - Transportation Projects Lead New York to More than $14 Billion in Under-Construction Projects.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
