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News » US » Final approval granted for $2.2bn North Carolina expressway » published 8 Jun 2018

Final approval granted for $2.2bn North Carolina expressway

North Carolina Turnpike Authority (NCTA) has received final federal approval for a planned expressway extension.

The Federal Highway Administration has issued the record of decision for the Triangle Expressway Southeast Extension - also known as Complete 540 - signifying final federal approval of the project’s route.  After years of studying various route alternatives, the record of decision confirms the ‘orange-green-mint-green’ route as the selected alternative.

The cost of the project is currently estimated to be approximately US$2.2bn.

“We are excited to hit this milestone for a project that has been a priority for the local communities, metropolitan planning organization and regional business community,” said NCTA executive director Beau Memory. “This is a critical step in advancing a project that has received nearly 30 local resolutions of support calling for the completion of the 540 outer loop.”

This approval allows NCTA and North Carolina Department of Transportation (NCDOT) to move the project forward. The project will extend the existing Triangle Expressway from the NC 55 Bypass in Apex to US 64 / US 264 (I-495) in Knightdale.

“The final approval of 540 —the regional business community’s top transportation priority — is a great day for our entire extended market,” said Regional Transportation Alliance executive director Joe Milazzo II. “The 540 extension will provide free-flow mobility and direct linkages to I-40, I-87 (US 64-264 bypass), future I-42 (US 70 Clayton bypass), and I-540 itself — creating a resilient regional transportation network for our growing region — while serving commuting, transit, commerce, and tourism.”

The record of decision allows NCTA and NCDOT to acquire land needed for the project’s right of way, obtain environmental permits and advance construction plans. The first of three construction contracts is now in the procurement process and the other two contracts will begin procurement later this year.

 

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This article was published on 8 Jun 2018 (last updated on 8 Jun 2018).

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