The Texas Transportation Commission has conditionally awarded Dallas' LBJ freeway expansion project to LBJ Development Partners to finance, design, construct, operate and maintain the 13-mile LBJ/I-635 expansion between US 75 High Five and I-35E.
LBJ Development Partners will rebuild the LBJ-635 corridor using an innovative new design, enabling the new highway to be constructed while minimizing the need for additional right of way. This unique design features six depressed lanes (three lanes in each direction) that will operate as a toll and HOV lanes with eight reconstructed free main lanes cantilevered above. In addition, the project includes two-lane frontage roads in each direction, adding a third lane in several sections, for a total of 18-20 lanes. Construction is expected to take approximately five years to complete.
"Partnering with the private sector allows us to stretch $445 million taxpayer dollars to deliver an asset worth approximately $4 billion to the region," said Commission Chair Deirdre Delisi.
The lead members of LBJ Development Partners are: Cintra, S.A.; Ferrovial Agroman, S.A.; W.W. Webber, Inc.; Bridgefarmer & Associates, Inc.; Meridiam Infrastructure Finance, and Macquarie Capital (USA) Inc.
Also vying for the contract was the LBJ Mobility Group, whose lead members included: Dragados USA, Inc.; ACS Infrastructure Development, Inc.; Kiewit Texas Construction L.P.; Zachry Construction Corporation; Granite Construction Corporation; AECOM USA Group, Inc.; SICE; Dr. G. Sauer Corporation; Steer Davies Gleave, and ING.