The long-planned expansion of one of Raleigh’s most heavily trafficked thoroughfares just hit a massive roadblock with the projected spend soaring from $56.1M to $93.5M, driven by rising construction costs and a thriving real estate market. Originally part of the city’s 2017 $206.7 million transportation bond, that hefty price tag pushes the project way over the originally allocated $60M budget. It is time to put this project—and maybe a few other CIP programs–on hold for a number of reasons.