Perishable, special, and local: The economics of unique and fleeting experiences I pity you, dear reader. You likely have no idea what a real strawberry tastes like. Unless you spend the three weeks around the Summer Solstice in the…
No matter how many solar panels it has, your parking garage isn’t green, and especially if you don’t charge parking (This commentary is cross-published at the Parking Reform Network) Almost five years ago, we called out the folks at the…
What City Observatory did this week Oregon DOT’s “reign of error”—chronic cost overruns on highway projects. The Oregon Department of Transportation is moving forward with a multi-billion dollar freeway expansion plan in Portland. That poses a huge risk to state…
Nearly every major project undertaken by the Oregon Department of Transportation has ended up costing at least double its initial estimate As ODOT proposes a multi-billion dollar series of highway expansions, its estimates pose huge financial risks for the state…
Portland and Oregon leaders shouldn’t commit to a $5 billion project without an investment grade analysis (IGA) of toll revenues Not preparing an IGA exposes the state to huge financial risk: It will have to make up toll revenue shortfalls, …