The State’s Largest Historic Renovation in Downtown Dallas Lights Up

Ten years ago, the vertical white lights on the former First National Bank tower were turned off after the building closed. Now the 55-year-old Elm Street landmark is being transformed as part of a $450 million redevelopment project. Award-winning real estate firm Todd Interests is developing office spaces for tenants like Downtown Dallas Inc., as well as luxury apartments, restaurants, retail, and a 219-room Thompson Hotel. Renamed The National, the 52-story high-rise is scheduled to open by the end of this year. The lights have already been turned back on.

This is one of the state’s largest adaptive reuse projects, and DDI will stake its claim on a bottom floor space that will be visible from the street. This has for years been downtown’s largest vacant block, a monstrous building covered in fencing whose developers just couldn’t get the financing to make what they called the Drever a reality. But

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Trump Administration Invests $268 Million in Rural Water and Wastewater Infrastructure Improvements in 28 States

Projects Will Improve Rural Water Infrastructure for 267,000 Rural Residents and Businesses

WASHINGTON, Sept. 22, 2020 – The Trump Administration today announced that the United States Department of Agriculture (USDA) is investing $268 million to modernize rural drinking water and wastewater infrastructure across 28 states (PDF, 222 KB).

“Upgrading the infrastructure that delivers safe drinking water and modern wastewater management facilities will improve public health and drive economic development in our small towns and cities,” Deputy Under Secretary for Rural Development Bette Brand said. “Under the leadership of President Trump and Agriculture Secretary Perdue, USDA is a strong partner with rural communities, because we know that when rural America thrives, all of America thrives.”

Background:

USDA is funding 76 projects through the Water and Waste Disposal Loan and Grant Program. These investments will help to improve rural water infrastructure for 267,000 residents. For example:

  • The city of Greenville, Ill., will
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Oregon State’s Reser Stadium remodeling project now carries a $140 million price tag, down from $175 million

The cost to remodel the aging west side of Oregon State’s Reser Stadium has fallen substantially during the past year.

Oregon State athletic director Scott Barnes said earlier this week that the price tag to remodel Reser Stadium is now $140 million. That’s down 20 percent from a projected cost of $175 million at the outset of the project.

Barnes said the project cost is a moving target, and the initial cost of $175 million was conservative estimate. But in the university’s request for proposal document released Oct. 15, 2019, it states the project cost as approximately $175 million, with a direct construction budget of approximately $122 million.

What changed?

Some of it is fine-tuning the project, Barnes said. A more accurate design and better knowing the scope and scale led to a more informed number for remodeling Reser.

The pandemic, oddly, has helped too. It led to market conditions

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