OREGON OBSERVATIONS 19 MARCH 2026

Sticker Shock: I-5 bridge replacement, corridor project cost soars by billions of dollars. It’s a big bullet to bite, but they need to shit or get off the pot. 13 years ago, the estimated cost to replace it was $3.4 billion. Today, the total cost estimate (including changes to the I5 approaches on both sides) has risen to $14.4 billion. This is a typical “pay me now or pay me later” situation if I’ve ever seen one.

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