“Today Dallas is stronger. We are stronger because our quality of life is better because of this road. Commerce is better because of this road. Families will get to their children faster because of this road.”Mike Rawlings – Mayor, City of Dallas
In 2009, a Cintra-led team was selected to rebuild a 13.3 mile portion of the LBJ Express on I-635 and I-35E in Dallas, Texas. The project was designed to reduce traffic delays, enhance safety and provide a reliable transportation solution in one of the largest cities in the United States. The LBJ Express features an innovative, multi-level highway system that allows drivers to choose to bypass congestion in the general-purpose lanes by using new, high-speed managed lanes. Construction included rebuilding eight general purpose lanes, rebuilding and expanding frontage roads, adding additional shoulders on the outside of the general purpose lanes and building six barrier-separated managed toll lanes located between or below all frontage roads.
The project, currently the largest P3 project in Texas, opened in September 2015 approximately three months ahead of schedule and has been described by the Texas Department of Transportation as the most comprehensive, complex project of its type in the country.
|Facility Type:||General purpose and tolled managed lanes|
|Start of Concession:||2009|
|End of Concession:||2061|
|Term of Concession:||52 years|
|Concession Company:||LBJ Infrastructure Group|
|Client:||Texas Department of Transportation|
|Equity Structure:||54.6% Cintra Infraestructuras S.A.; 28.33% APG; 17.07% Meridiam|