Texas highway loan stars revealed

A loan of US$415million from the US government’s Transportation Infrastructure Finance and Innovation Act programme will help meet the cost of building toll lanes and rebuilding existing lanes at the Interstate 35 highway (I-35W) near Fort Worth, Texas. The works are part of the $2.5billion North Tarrant Express project, which is currently under construction in the northeastern part of Tarrant County, Texas. A consortium of companies led by Spanish toll road developer Cintra, NTE Mobility Partners is behi
May 3, 2012 Read time: 1 min
A loan of US$415million from the US government’s Transportation Infrastructure Finance and Innovation Act programme will help meet the cost of building toll lanes and rebuilding existing lanes at the Interstate 35 highway (I-35W) near Fort Worth, Texas.

The works are part of the $2.5billion North Tarrant Express project, which is currently under construction in the northeastern part of Tarrant County, Texas. A consortium of companies led by Spanish toll road developer 5428 Cintra, NTE Mobility Partners is behind the development of the North Tarrant Express. The 5427 Texas Transportation Commission will fund an additional $150million of the I-35W expansion.

For more information on companies in this article

Related Content

  • Missouri’s Road to Tomorrow provides ITS answers
    December 22, 2015
    Andrew Bardin Williams looks at Missouri’s plans to become America’s ITS testbed The state of Missouri launched its Road to Tomorrow initiative earlier this summer at the ITS America Annual Meeting and Expo in Pittsburgh, rolling out the welcome mat for transportation officials to try out new, innovative ITS technologies in the field.
    Read More
  • Cavnue appoints first chief executive
    September 30, 2020
    Transport policy veteran Tyler Duvall served in the George W. Bush administration
    Read More
  • New Mersey crossing ends Halton’s congestion misery
    December 5, 2017
    Plagued by intolerable congestion but denied government funding for its solution, tiny Halton Borough Council relentlessly pursued its vision and achieved what many believed impossible. Halton may be a small local authority in north west England, but it had a big traffic problem. However, as the road, or more particularly the bridge, involved was not deemed a strategic route, central government would not commission or even fund a solution - a problem that many other local authorities will recognise.
    Read More
  • The case for using toll revenues to fund Interstate improvements
    May 11, 2012
    High road toll increases threaten new regulation, but states should be free to use toll revenue for Interstate improvements. Bob Poole reports Large toll rate increases have been implemented recently by the Port Authority of New York and New Jersey, justified in part to help pay for its World Trade Center project. In response, a bill was introduced in Congress that would allow the Secretary of Transportation to regulate tolls on every bridge on the country’s Interstates and other federally aided highways. F
    Read More

Highlighted Content