|
|
 |
| Name |
Foley Beach Express |
| Location |
Baldwin County, Alabama |
| Mode |
Bridge |
| Description |
13.5 mile limited access four-lane
route to beach:
Privately owned
toll bridge across Intercoastal
Waterway to Orange Beach,
Alabama
7.5 mile bypass
of Highway 59
Untolled feeder
for beach traffic to bridge
|
| Sponsor |
City of Foley, Alabama |
| Cost |
$44 million |
| Type
of Finance |
$36 million overall
private bond issue -- taxable,
toll revenue bonds
Federal Highway Grant
City of Foley money |
| Revenue
Sources |
Toll |
| Project
Delivery / Contract Method |
BOO
Build-own-operate |
| Private
Investor Partner |
Baldwin County Bridge
Company |
| Project
Advisors |
Helmsing, Leach,
Herlong, Newman and Rouse |
| Lenders |
HSH NORBANK - GERMANY |
| Physical
Status |
Opened 6/2000 |
| Financial
Status |
Closed |
| Innovations |
|
| Related
Links / Articles |
Baldwin
County Foley Beach Express homepage
Coverage in ETTM On The Web
-
http://www.ettm.com/news/al_future.html
http://www.ettm.com/news/al_bridge.html
Sites hosted by the Baldwin
County Bridge Company, LLC.
-
http://www.foleybeachexpress.com/gen.html
http://www.foleybeachexpress.com/news.html |
| Contacts |
Baldwin County Bridge Company, LLC
Tim James / John McInnis, partners
Tel. (334) 264-3474
Brendan Duval
Macquarie Corportate Finance (USA) Inc.
600 Fifth Avenue
20th floor
New York NY 10020
Ph. 1-212-548-6535
Brendan.Duval@macquarie.com
|
| Last Review/Update |
First Albany Corporation, March 2004 |
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