Source: Real Estate Daily News
Governor Doug Ducey applauded the passage of $152.4M in new federal funding to modernize the San Luis I Port of Entry in Southern Arizona. Designated as the number one priority port of entry in the United States by Customs and Border Protection, the San Luis I port is one of the busiest ports at the U.S.-Mexico border and the only port to receive this funding.
In September, Governor Ducey sent a letter to Arizona’s congressional delegation urging them to support this critical investment. Last week, President Trump signed into law a $1.4T spending package, which includes this new funding. This spending package provides initial funding needed to improve the infrastructure of the aging, nearly 40-year-old port.
The San Luis facility processes more than 3.2 million cars and 8.5 million people traveling northbound each year.
Read more at Real estate Daily News.
NEWS TICKER
- [April 17, 2024] - Peoria Wants 8,300 Acres of State Land
- [April 17, 2024] - Payson Partners with Developer for More Affordable Housing
- [April 16, 2024] - LGE Q2 Report Optimistic on Phoenix Construction Direction
- [April 16, 2024] - Major Tonopah Solar Development is Advancing
- [April 16, 2024] - Input Prices Up 0.4% in March
- [April 16, 2024] - Industry Professionals 04-16-24
- [April 16, 2024] - Commercial Real Estate News 04-16-24
- [April 15, 2024] - Arizona Projects Get $11.9M in Community Project Funding