TDOT says commitments to King’s Crossing mega‑site met; P3 close expected this fall
Commissioner Reed told lawmakers TDOT has spent about $150 million of the $200 million appropriated for road work at the King’s Crossing mega‑site and said commercial close on the first revenue‑risk public–private partnership is expected this fall; further ARPA and private‑investment questions remain.
The full story
Commissioner Will Reed updated legislators on TDOT’s work related to the King’s Crossing site and on the department’s use of alternative financing tools.
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