Florida’s budget calls for big infrastructure investment
The state’s proposed $9.1 billion budget includes plans for an 11-percent increase in transportation spending as the state tries to increase jobs, build more roads, and get the state’s ports ready for the Panama Canal expansion.
According to the Bradenton Herald, projects include $532 million of additional lanes on Interstate 75; $154 million to add lanes and reconstruct the Homestead extension of the Florida Turnpike; $69 million to add lanes on the Veterans Expressway in Hillsborough County; $27 million for the expansion of Bruce B. Downs Boulevard; and $25 million to add lanes and reconstruct State Road 823.
Ports also benefit from the budget with Miami slated for $30.6 million, Tampa for $26.7 million, Manatee for $19.5, and nearly $100 million for other ports in the state.
“The construction industry was the most hurt by the recession,” Rep. Ed Hooper, chair of the House transportation appropriations committee, told the newspaper. “So the industry will only be helped by more spending.”
From our partners
Developing a solid relationship with Demolition Technologies Specialized Services enables Crushing Tigers…
MORE FROM Aggbeat Online
SUBSCRIBE & FOLLOW
- Two teens dead after falling through ice at quarry739 Views
- CRH emerges as frontrunner for Holcim and Lafarge assets555 Views
- MSHA files more discrimination complaints in 2014 than any other year313 Views
- Caterpillar full-year earnings dip with bad 4Q; 2015 doesn't look good either280 Views
- A. Colarusso and Son acquires Holcim land in NY136 Views