ON 15 OCTOBER, after decades of planning, years of procurement and months of delay, the State of Florida finally closed the $903 million Port of Miami Tunnel deal: its second big-ticket public-private partnership this year, after the $1.68 billion I-595 Corridor improvement project, which closed in March. The simple fact of the deal closing is cause enough for optimism, especially in light of the collapses and delays that have plagued other big-ticket infrastructure deals this year.
FDOT overcomes
Does a deal closure in Miami herald better times? Stephanie Kopelousos, the Florida Secretary of Transportation, reflects on a project that went to the brink and back.