Funding fight for Colorado connection

Building two additional lanes in the US state of Colorado for the C-470 freeway between Wadsworth Boulevard and Interstate 25 is expected to cost some US$200 million.
March 16, 2012 Read time: 1 min
Building two additional lanes in the US state of Colorado for the C-470 freeway between Wadsworth Boulevard and Interstate 25 is expected to cost some US$200 million. The link is required to reduce congestion. Should the upgrade be constructed as intended it will carried out over a 19.6km stretch and will add a lane in either direction. Funding for the upgrade is being considered at present by the C-470 Corridor Coalition. Methods suggested so far to support the 30 year bonds for the work include car registration fees, property taxes and tolls, as well as various combinations of these.

Related Content

  • New Arizona freeway project commencing
    March 1, 2016
    A new freeway project is planned in Phoenix, Arizona. The joint venture for this design-build and maintain project will be led by Fluor Corporation. The package of works was awarded by the Arizona Department of Transportation (ADOT) and is for the Loop 202 South Mountain Freeway. This freeway project will be the first procured under Arizona’s public-private-partnership statute.
    Read More
  • Russia to commission new Moscow-St Petersburg highway by 2020
    June 20, 2017
    Final delivery of the final stretch for Russia’s key highway project looks set to be delayed – Eugene Gerden writes. I now looks as if Russia’s most ambitious project in the field of road building in recent years, the building of a new high-speed road link between Moscow and St Petersburg, the country’s largest cities, will not be complete in time. The project was set up by the Russian government and several private investors. According to initial state plans, building of the new road should have been compl
    Read More
  • Constructing California connections - cutting congestion
    July 5, 2016
    New road construction work in California will help cut congestion on existing routes. The work is costing close to US$104 million and will commence later in 2016 to the north of the city of San Diego. The funding for the work is coming from the California Transportation Commission (Caltrans). The work will form part of the $700 million North Coast Corridor Programme, which is being administered jointly by the San Diego Association of Governments (SANDAG) and Caltrans. North Coast Corridor Programme includes
    Read More
  • Serbia upgrading infrastructure
    May 2, 2012
    Serbia has managed to reduce the cost of building the Corridor 10 highway by €80 million. These funds will instead be used to pay for upgrades and improvements needed for the second section of the highway project, close to Neradovci. So far some 180km of the Corridor 10 highway has been built over a 40 month time frame. A further 150km of the highway has still to be built. Work on the Corridor 10 motorway is also being financed by the European Bank for Reconstruction and Development and the state budget. Wh
    Read More

Highlighted Content