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USD/BTC =$91,583 Block 924,094
Crews are busy on several high-profile transit projects that will prepare Los Angeles for the 2028 Olympic Games. Howard Fine from the Los Angeles Business Journal has provided updates on where progress stands on those projects, including:
  • L.A. Metro's $9.7 billion D Line Extension--built by Skanska, Traylor Bros., and J.F. Shea on Segment 1 and by Tutor Perini and O&G Industries on Segments 2 and 3--is nearly complete on its first section and tracking toward full Westwood service by late 2027.
  • At LAX, the LINXS joint venture of Fluor, Balfour Beatty, Grupo ACS, and Alstom has the $3.34 billion Automated People Mover at about 95% completion, while PCL Construction’s $2 billion Consolidated Rent-A-Car facility is also due to open in 2026.
  • The $1.6 billion Link Union Station project, led in pre-construction by Flatiron Dragados of Grupo ACS/Hochtief, will begin site work in 2026 to add run-through tracks that could enter early operation by 2031.
  • Caltrans has tapped Skanska and California Engineering Contractors for the $706 million Vincent Thomas Bridge redecking, with construction starting in late 2026 and completion slated for early 2028.
Time is ticketing! Almost 200k BTC for all of these projects just for the Olympics! Is nuts!