Exclusive: Alabama locks in price, financing for Mobile River bridge project

$2.52 billion federal loan clears final hurdle for Mobile River Bridge project

The last major financing hurdle for one of Alabama’s largest infrastructure projects has cleared, bringing the long-awaited Interstate 10 Mobile River Bridge and Bayway project a step closer to construction.

Mobile River Bridge project secures $2.52 billion federal loan, construction nears

The last major financing hurdle for one of Alabama’s largest infrastructure projects has cleared, bringing the long-awaited Interstate 10 Mobile River Bridge and Bayway project a step closer to construction. The U.S. Department of Transportation announced Friday that the project…

Alabama lands up to $2.52B loan for Mobile River Bridge and Bayway Project

U.S. Transportation Secretary Sean P. Duffy today announced the Alabama Toll Road, Bridge, and Tunnel Authority (Authority) will receive a Transportation Infras

Exclusive: Alabama locks in price, financing for Mobile River bridge project

Alabama on Thursday sold revenue bonds to investors on Wall Street, raising the money necessary to build a bridge over the Mobile River to relieve pressure on the Wallace Tunnel.

Financing Complete for Mobile River Bridge and Bayway Project; full construction set to begin in October

The Alabama Toll Road, Bridge and Tunnel Authority has completed the bond and federal loan financing necessary to fully fund the $3.2 billion Phase One construction of the Mobile River Bridge and Bayway Project.

Mobile bridge awarded $2.5B fed loan

A low-interest federal infrastructure loan years in the making has cleared the way to begin building the new Mobile River Bridge.