Recent Streetsblog USA posts about Tolls

Huh? After Bailing Out Toll Road, Florida Wants to Expand It

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By any reasonable measure, the Suncoast Parkway in the Tampa Bay Area has been a complete failure. When it was first proposed, in 1992, consultants predicted the $507 million, 42-mile toll road from Hillsborough to Hernando County would fill up with cars — thanks to the sprawl everyone was sure would follow it. Consultants originally forecast $150 million in […]

The Great Traffic Projection Swindle

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This is the final piece in a three-part series about privately-financed roads. In the first two parts of this series, we looked at the Indiana Toll Road as an example of the growth in privately financed highways, and how financial firms can turn these assets into profits, even if the road itself is a big money loser. […]

How Macquarie Makes Money By Losing Money on Toll Roads

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This is the second post in a three-part series about privately financed highways. Part one introduced the Indiana Toll Road privatization as an example of shoddily structured infrastructure deals. Part three looks at how faulty traffic projections lead bad projects to get built, and how the public ends up paying for those mistakes. Macquarie Group, the gigantic Australian […]