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Tag: Texas highway construction
Roadbuilding
Texas DOT saves nearly $1 billion over next decade through historic bond deal
The Texas Department of Transportation recently announced that it had achieved the largest savings on a single bond deal in the state’s history through a $1.68 billion refinancing that priced Jan. 21. The bond issue refinanced almost all of the outstanding debt for the Central Texas Turnpike System (CTTS), first issued in 2002. The deal […]
February 9, 2015
Business
A drive on a Texas high-speed toll road: Is this how everybody will drive in the future? I hope not.
Over the holidays I had the opportunity to travel south on the newest Texas toll road, otherwise known as State Highway 130. The 131-mile road was built to ease Austin’s crushing traffic burdens, particularly along Interstate 35, but controversy has dogged the project since the road opened. The financing for SH 130 has always been […]
January 8, 2015
Business
Dire States hits the road to drum up support for Texas highway construction initiative
Nearly 180 years ago the toughest hombres ever to ride a horse and carry a rifle blazed a trail across Texas, conquering impossible odds to turn that hardscrabble land into one of the country’s most prosperous states. Today, if there are any hombres left, they’re probably stuck in traffic. One person who is helping build […]
July 15, 2014
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