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PROJECT TRACKER
TEXAS DEPARTMENT OF TRANSPORTATION Summer 2010
PROJECT FACTS
OVERVIEW Length:
The LBJ Express l I-635 from east of Luna Road to Greenville Avenue:
combination of four main lanes and two to three continuous the State of Texas.
frontage roads in each direction, along with three managed
l LBJIG continues to coordinate utility relocations.
toll lanes in each direction that will use dynamic pricing to
keep traffic moving at 50 mph. It is the first comprehensive Construction dates
development agreement (CDA) project signed in Dallas l Construction begins: Spring 2011
County. The joint project with LBJ Infrastructure Group
(LBJIG) will leverage a $500 million TxDOT investment into
$3.2 billion to build the 16.5-mile project.
PROJECT HISTORY/TIMELINE
COMPREHENSIVE DEVELOPMENT AGREEMENT (CDA)
lTexas Transportation Commission authorizes request for CDA
qualifications: April 2005 Concession CDA – TxDOT owns the project; LBJIG to build,
finance, operate and maintain project.
l CDA executed: September 4, 2009
Term: 52 years
l Financial close: June 22, 2010
Total Project Cost: $2.7 billion
PROGRESS
l TxDOT is continuing its reviews of the aesthetics plans, Construction: $2.7 billion ($496 million TxDOT/public funds;
project management plan (PMP) documents and the baseline $664 million equity from LBJIG; private activity bonds (PABs),
schedule. Reviews are anticipated to be complete by third $615 million; federal Transportation Infrastructure Finance and
quarter 2010. Innovation Act (TIFIA) loan, $850 million
l FHWA will review the schematic, PMP and baseline
Operations and Maintenance: $500 million (2008 dollars)
schedule in mid-2010.
l Once PMP approvals are obtained, LBJIG can start design l LBJIG partners: Cintra U.S., Meridiam Infrastructure
and construction. Design should begin by the end of 2010. Finance, Dallas Police and Fire Pension System
l A co-located project office for TxDOT and LBJIG partners l North Texas Tollway Authority to provide toll collection
opened in May 2010. services. Toll policy set by the region. TxTAG, TollTag and
EasyPass electronic transponders will work on this project.
l TxDOT and LBJIG will continue traffic management meetings
and other outreach with all government agencies along the
corridor in 2010.
l A project briefing was given to the city of Dallas transportation
task force on May 25, 2010.
114 635
ille
635
env
Gre
35E
DFW
Int’l. 114 12
TARRANT COUNTY
Airport
161
DALLAS COUNTY
75
482
N
183 White Rock
Lake
2 miles 77
Existing lanes HOV lanes Frontage lanes General purpose lanes Managed lanes (toll) Frontage lanes
Roadway and Limits (Each dir.) (Each dir.) (Each dir.) (Each dir.) (Each dir.) (Each dir.)
Summer2010
972-239-5000 214-320-4481