The completion date for the Automated People Mover at Los Angeles International Airport, part of a $30-billion overhaul, is likely delayed until late 2025 due to ongoing issues between the airport and the contractor. The 2.25-mile elevated train, originally planned for 2023, is now about 96% complete but faces unresolved disputes. Despite the delay, funding is not anticipated to be an issue, and the project aims to improve traffic flow at the airport, benefiting both travelers and workers in the region.
Rivian, an electric vehicle company, has announced a delay in the construction of a new $5 billion factory in Georgia, citing a slowdown in electric vehicle sales. The company plans to produce two new models, with one being shifted to its existing plant in Illinois. This decision is aimed at preserving cash as Rivian works to produce and sell more affordable vehicles, as it has been losing billions of dollars for several years.
Intel is delaying the construction timeline for its $20 billion chipmaking project in Ohio due to market challenges and slow grant money rollout, with construction now expected to finish in late 2026 instead of next year. Uncertain demand for its chips in traditional server and PC markets, along with a shift in spending to AI data servers, has led to forecasted revenue for the first quarter below market estimates.
Russia's ambitious gas mega-pipeline project to China has been hit by construction delays, potentially impacting the timeline for the delivery of natural gas to China. The delay is a setback for the energy cooperation between the two countries, as the pipeline was expected to strengthen their energy ties.
The Gordie Howe International Bridge, a significant infrastructure project connecting the U.S. and Canada, has had its completion date pushed back to September 2025, nearly a year later than originally planned, due to complications from the COVID-19 pandemic. Despite the delay, significant progress has been made, including advancements in bridge and road deck construction, stay cable installation, and port of entry facilities. The project's budget has been increased to $6.4 billion CDN to reflect the new timeline, and an additional $3 million CDN has been allocated to benefit the communities in Detroit and Windsor through the Community Benefits Plan.
The Gordie Howe International Bridge, a major infrastructure project connecting Detroit and Windsor, has a new completion date set for September 2025, with vehicle crossings expected in fall 2025. The $4.9 billion project faced delays and cost increases due to the COVID-19 pandemic but is now back on track, with 2023 being the busiest construction year. The project includes community benefits and enhancements such as cycling lanes, with additional funds allocated to support affected communities. Road construction related to the bridge on I-75 is expected to finish in fall 2024, and the bridge deck is set to connect over the Detroit River this year.
The Gordie Howe International Bridge, a project exceeding $4 billion, has had its opening delayed by nearly a year, with completion now expected in September 2025. The Windsor-Detroit Bridge Authority cited "unprecedented disruptions" from the COVID-19 pandemic as the cause, with different restrictions in the U.S. and Canada affecting progress. Despite the delay, significant milestones were achieved in 2022 and 2023, and the bridge is set to become North America's longest cable-stayed bridge upon completion. The authority has also extended its Community Benefits plan by a year to align with the new timeline.
The opening of the new USF football stadium has been delayed until 2027 due to supply chain issues and the university's decision to end its construction contract. USF will now use a construction management at risk approach, allowing them more input in the final product. New renderings of the stadium were released, showcasing a modern and futuristic design. Construction bids will be requested in the coming weeks, with groundbreaking scheduled for next fall. USF has raised $43 million of its $50 million fundraising goal, including a $6 million gift for naming rights.
