| Name |
Central Texas Turnpike |
| Location |
Austin - San Antonio, TX |
| Mode |
Controlled access highway with
capacity for managed lanes and
rail in some corridors. |
| Description |
A new 122-mile contiguous turnpike facility in the Austin-San
Antonio corridor. Consists of four distinct, but interconnected
elements:
SH 45 (16.1
miles; $480 million) Loop 1 (4.1 miles; $125 million) US 183A (12.1 miles; $190 million) SH 130 (90 miles;
$916 million)
The four elements will be constructed
ultimately as a 6-lane controlled
access highways with capacity
for managed lanes and rail in
the SH 130 corridor.
Electronic toll
collection.
|
| Sponsor |
Texas Turnpike Authority / Texas
Department of Transportation |
| Cost |
$3.220 billion (including O&M
and financing costs). |
| Type of Finance |
$800 million USDOT TIFIA direct loan
$700 million sought from Texas Transportation Commission
Bonds sold by Texas Turnpike Authority |
| Revenue Sources |
Toll revenues |
| Project Delivery / Contract Method |
Traditional
design/bid/build for Loop 1
and SH 45; Exclusive Development
Agreement for SH 130 and US
183A. |
| Private Investor Partner |
Contract discussions
are underway between
TxDOT's Turnpike Authority
Division and Lone
Star Infrastructure
(LSI), a private consortium
that would design,
construct, and maintain
SH 130. An Exclusive
Development Agreement
with LSI is anticipated
to be executed by
summer 2002. |
| Project
Advisors |
Dan Rauscher
Locke Liddell Sapp
Nossaman, Guthner, Knox & Elliott,
LLP
HDR Inc.,PBS&J Inc.,HNTB Inc.,TC&B
Inc. |
| Lenders |
Not yet identified. |
| Status |
Bond sale
scheduled Summer 2002. |
| Innovations |
Interoperable tolling
system. |
| Related Links / Articles |
TxDOT
News Release: "Review
of State Highway 130
proposals completed".
Texas Turnpike Authority
Enabling Legislation
TIFIA
Project Fact Sheet
Capital
Area Transportation
Coalition Project
Page
Senator
Phil Gramm Press Release
Texas
Turnpike Authority
Homepage
|
| Contacts |
Turnpike Authority
Division
(512) 936-0980
Phil Russell, Director
|
| Last Updated |
Texas Department of
Transportation, May
2002 |
