# Interstate Bridge Replacement Program

Type: organization

Source: PropTech Intelligence Brief — https://getproptechbrief.com/entity/interstate-bridge-replacement-program
Canonical HTML page: https://getproptechbrief.com/entity/interstate-bridge-replacement-program

## Timeline

- **2028-06-01**: Target Construction Start — Official goal for breaking ground on the new bridge spans and light rail extension.
- **2026-03-18**: Cost Surge Reported — New estimates show project costs soaring, prompting a re-evaluation of the funding plan.
- **2023-12-15**: Federal Funding Secured — The project receives a $600M federal Mega grant, the largest in the program's history at the time.
- **2019-11-01**: IBR Program Launch — WA and OR governors sign a memorandum of intent to restart the bridge replacement process.
- **2013-07-01**: CRC Failure — The previous Columbia River Crossing project is cancelled after funding disputes.

## Recent coverage (1 stories)

### I-5 Bridge Replacement Costs Surge as WA and OR Target 2028 Groundbreaking
2026-03-18 13:12:26 · Sentiment: Bearish · Impact: 6/10 · Sources: 2

The Interstate Bridge Replacement (IBR) program has seen its projected costs escalate significantly, creating a new funding gap for Washington and Oregon. Despite the financial headwinds, both states are doubling down on a 2028 construction start date to modernize the critical West Coast logistics corridor.
Full story: https://getproptechbrief.com/story/i5-bridge-replacement-cost-surge-2028-construction

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