Reports of the Bridge to Nowhere’s death have been exaggerated. From the Washington Post:
the Knik Arm Bridge and Toll Authority, or KABATA — the group behind a bridge project linking Anchorage to a peninsula nearby — is still wooing private investors and trying to pry loose a considerable amount of state financial backing. And more than $50 million of the money it has spent promoting the project has been covered by federal funds. . . .
Standing recently on the Anchorage bluff where the bridge would begin, financial analyst Jamie Kenworthy said nowhere is right here. He said there would not be enough car or truck traffic to justify the cost of the bridge, which he said could exceed $4 billion, including construction and financing costs. A $5-a-trip toll, he said, would be enough to give people incentives to use existing highways for free, even if it took slightly longer.