NCDOT’s Cash Reserves Dwindle

Ncland10.17.19

The NC Department of Transportation budget crisis continues to drag on leading many landowners and legislators wondering what is going on.  At last report, the cash reserves at the DOT have shrunk to $432 million.  In comparison, over the past decade, the department has maintained an average cash reserve balance of approximately $1.2 billion.  And…

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NCDOT Financial Crisis Worsens In Wake Of Hurricane

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As we reported in a previous blog, The NC Department of Transportation (NCDOT) is in the midst of a financial crisis which has forced the department to lay off hundreds of workers and delay more than half of the pending roadway projects across the state. Now, NCDOT  continues to be in the news as further spiraling expenses…

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NCDOT Faces Financial Crisis, Project Delays

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The NC Department of Transportation is in the midst of a financial crisis with news changing almost daily.  The news was first reported publicly on August 13th, although our office had been hearing reports from DOT insiders in the days leading up to the breaking story. To date, the financial meltdown has forced the NCDOT…

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NC Gov. Vetoes Bill Allowing Billboard Owners to Override Local Rules

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North Carolina Governor, Roy Cooper, has vetoed a polarizing, proposed bill that would have allowed billboard owners to override local regulations to move and upgrade their signs. House Bill 645 would have enabled companies to both relocate as well as preserve their billboards when the underlying property is either taken through eminent domain by the…

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Newly Approved NC Billboard Preservation Bill Met with Criticism

Nc land billboard

The North Carolina state Senate has recently approved a House bill that will change the rules for relocating billboards along state highways. Unfortunately, there has been widespread disagreement regarding the bill’s impact. According to supporters of House Bill 645, who include the N.C. Outdoor Advertising Association, the bill simply allows for billboard companies to preserve…

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NCDOT Sets Aside $200 Million for I-440 Interchange Redesign at Glenwood Avenue

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The North Carolina Department of Transportation (NCDOT) is planning to make improvements to the I-440/Glenwood Avenue interchange and the intersection of Glenwood Avenue and Blue Ridge/Lead Mine roads. These improvements are intended to ease congestion and address safety concerns in this area. You may learn more about the proposed project by visiting the NCDOT site.…

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Street-Widening Project Planned for Greenville

HF NCland construction

Officials in Greenville, North Carolina hope their plans to widen Evans Street from two lanes to four lanes will help correct traffic problem in town. Unfortunately, some residents are likely to lose private land as part of the project. A detailed article on the proposal is available here. A roadway-improvement plan currently under development in…

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NCDOT Projects to Exceed $400 Million in Pender County

NCLAND construction cones

Between 2020 and 2029, construction projects currently under consideration by the North Carolina Department of Transportation (NCDOT) are expected to total $418.5 million in Pender County alone. A detailed article examining these projects—and their potential impact—is available here. What’s to Come Road construction projects budgeted by NCDOT—including the Hampstead Bypass, roundabouts in Surf City, and…

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