BUILD AMERICA BUREAU
Empowering the Future of Transportation in the Tampa Bay Region
Overview:
The Build America Bureau’s Regional Infrastructure Accelerator (RIA) program is a U.S. Department of Transportation initiative designed to speed the development and delivery of transformative transportation projects. Led by the Tampa Bay Partnership serving as the regional convener, the RIA program partners with regional agencies or “accelerators” and leverages innovative financing tools, alternative delivery models, expert technical assistance, and collaborative strategies to help communities within Tampa Bay overcome infrastructure challenges and seize economic opportunities.
Key Objectives
ACCELERATE PROJECT DELIVERY
Streamline processes to advance projects from planning to execution more rapidly, reducing delays and improving efficiency.
ENHANCED REGIONAL COLLABORATION
Foster strong partnerships among local, state, and federal stakeholders, ensuring that projects address regional mobility, safety, and sustainability needs.
INNOVATIVE
FINANCING
Utilize alternative funding and financing tools—including public–private partnerships, value capture, and other creative financial instruments—to unlock capital and mitigate fiscal risks.
ECONOMIC GROWTH
& RESILIENCE
Invest in infrastructure that not only improves transportation networks but also spurs economic development and job creation in the Tampa Bay area.
How it Works
Project Identification & Assessment
Collaborate with Tampa Bay area agencies to identify high-priority projects with significant regional impact and strong potential to benefit from innovative financing tools, including those offered by the US DOT Build America Bureau.
Technical Assistance & Best Practices
Provide expert guidance and access to a nationwide network of best practices that accelerate project planning, design, and implementation.
Financing Solutions
Introduce tailored financing strategies that leverage federal support alongside local and private investments, managing key implementation risks and enabling more ambitious projects.
Stakeholder Engagement
Facilitate continuous dialogue among transportation agencies, community leaders, and private sector partners to ensure projects meet regional needs and gain broad-based support.
Eligibility
Benefits for Tampa Bay Transportation Agencies
FASTER PROJECT IMPLEMENTATION
Expedite critical infrastructure improvements to meet the growing demands of the Tampa Bay region.
REGIONAL ECONOMIC
IMPACT
Enhance connectivity, reduce congestion, and stimulate job creation and economic activity through transformative projects.
LEVERAGING FUNDING &
FINANCING RESOURCES
Access innovative funding and financing tools to stretch public dollars further and secure additional investments.
RESILIENT
INFRASTRUCTURE
Build modern, sustainable transportation networks that are adaptable to future challenges and opportunities.