Texan tolling

Work is now underway on the new DFW Connector near Dallas, in the US state of Texas. This is of note as it is the largest investment of Recovery Act (ARRA) investment in a highway project so far.
February 7, 2012 Read time: 2 mins
Work is now underway on the new DFW Connector near Dallas, in the US state of Texas. This is of note as it is the largest investment of the Recovery Act (ARRA) in a highway project so far. The Recovery Act has already funded 12,500 new transportation projects across the US. This US$1.02 billion project, of which $250 million is funded by ARRA, will reduce congestion for drivers in Tarrant County, and is beginning ahead of schedule. The link runs 13.4km on the SH 114/121 corridor through Grapevine and Southlake, part of the Dallas/Fort Worth metro area.  Improvements include 12-14 new main lanes and four toll-managed lanes, doubling existing highway capacity. Traffic volume along SH 114 is expected to grow from today's 189,000 vehicles/day to 359,000/day by 2030. Of the $26.6 billion in ARRA funds available across the US, Texas' share is $2.25 billion. To date, the state has obligated $2.08 billion toward 429 projects, with 282 underway. Meanwhile in Irving and Grand Prairie, a project sponsored by the 2363 North Texas Tollway Authority will complete the western portion of a second beltway around Dallas. The $20 million grant supports a direct loan under the 2364 US Department of Transportation's Transportation Infrastructure Finance and Innovation Act (TIFIA) program for up to one-third of the project's $1.3 billion cost and would use electronic toll collection to increase capacity.
Highway & Network Management

For more information on companies in this article

Related Content

  • Skopje gets EBRD funding for motorway
    July 12, 2022
    The four-lane highway will run parallel to an existing national road built 50 years ago that heads north from the capital Skopje.
    Read More
  • New US bridge link for Capital Beltway
    November 18, 2019
    A plan is now in hand to replace the American Legion Bridge in the US, which spans the Potomac River.
    Read More
  • Auckland’s future strategic transport requirements
    July 5, 2012
    The Auckland Harbour Bridge is at the stage that it cannot cope with much more traffic, yet the population of the Auckland region continues to grow at a steady rate. Coupled with that, the bridge is a key link in the most important transport corridor in the country, State Highway One. Without it, the country would struggle to function. Not only home to New Zealand's largest city and one third of its population, Auckland's port is one of the country's largest. Some 140m north of the city is Marsden Point, th
    Read More
  • India’s new highway projects finding funding
    October 20, 2016
    Funding has been found for a major highway project in India. The Asian Development Bank (ADB) is providing a substantial portion of the US$846 million of financing required for the 800km Visakhapatnam-Chennai Industrial Corridor (VCIC). In all the ADB will provide $631 million in the form of a series of grants and loans, which will be delivered in stages. Meanwhile the Indian Government will provide $215 million. The VCIC itself forms part of the 2,500km East Coast Economic Corridor (ECEC).
    Read More

Highlighted Content