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fromwww.mercurynews.com
1 day ago

California-to-Vegas high-speed rail costs jump $5.5 billion

Last month, Brightline's Chief Executive Officer Mike Reininger said construction costs were increasing due to rising labor and material costs, in part caused by high demand due to the proliferation of data centers, power plants and transportation projects. Given the increase in project costs we needed to figure out a way to advance the project, Reininger said in an email.
US politics
Real estate
fromtherealdeal.com
2 weeks ago

The Daily Dirt: Feeding facts to Zohran Mamdani

City affordable housing construction typically costs far more than $500,000 per unit; union-built projects would likely exceed the roughly $800,000 per-unit norm.
Venture
fromwww.npr.org
3 weeks ago

High-speed train from California to Las Vegas tries to slow rising costs

Brightline West plans a high-speed rail terminal in Rancho Cucamonga linking Los Angeles area to Las Vegas but faces major cost, financing, and ridership risks.
Real estate
fromtherealdeal.com
1 month ago

Boston developer with $6B pipeline skips NYC

Fallon Company concentrates a multi-billion-dollar pipeline in Southeast and Boston markets, prioritizing scalable for-profit development and traditional financing to produce affordable housing.
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