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THEA

Rick Scott appoints three to Tampa-Hillsborough Expressway Authority

in The Bay and the 'Burg/Top Headlines by

Gov. Rick Scott announced Monday that he had appointed one new member and reappointed two others to the Tampa-Hillsborough County Expressway Authority.

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Tampa-Hillsborough Expressway Authority report says it contributes over $1 billion to local economy

in The Bay and the 'Burg/Top Headlines by

A report paid for by the Tampa-Hillsborough Expressway Authority (THEA) says the agency’s strategic investment planning decisions have generated $1.2 billion in local and state gross domestic product and a combined 13,200 jobs. The Tampa based-agency is best known for owning and operating the Lee Roy Selmon Expressway, the 14-mile all-electronic, limited-access toll road in Hillsborough County. The report, written by the Center for Urban Transportation (CUTR), begins with the premise that increased transportation accessibility promotes the clustering of business and residential units…

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Tampa-Hillsborough Expressway Authority gets credit ratings boost, praise for “conservative approach”

in The Bay and the 'Burg/Top Headlines by

The Tampa-Hillsborough Expressway Authority’s financial outlook got a little brighter Tuesday after a major bond credit rating agency boosted its rating. Moody’s Investors Service bumped the expressway authorities credit rating from A3 to A2 and said it expects the authority’s “conservative approach to undertaking additional projects and debt” to keep it stable. “The upgrade to A2 reflects significant increases in traffic and revenues, which have broadened THEA’s traffic base by over 20 percent and driven meaningful improvements in financial margins…

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Tampa highlights connected vehicle pilot program at Florida Automated Vehicles Summit

in The Bay and the 'Burg/Top Headlines by

Self-driving cars on Florida roads may be closer to reality than many people think. Autonomous and connected vehicles (CV) in the Tampa Bay area was one of the leading topics of the third annual Florida Automated Vehicles Summit, held in Jacksonville Tuesday and Wednesday. The summit will highlight the newest innovations in driverless cars, which are part of the Florida Department of Transportation’s stated goal to “serve the people of Florida by delivering a transportation system that is fatality and congestion free.”…

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