A joint venture between Fluor Corporation and Balfour Beatty Infrastructure has won a $625 million managed-lane highway-expansion project in Dallas, Texas.
The Texas Department of Transportation (TxDOT) awarded the consortium a contract to design, build and maintain the Southern Gateway project. The 11-mile project in and around Dallas will expand Interstate 35E and US 67 from four to five lanes in each direction and construct two reversible, non-toll express lanes in the center of the thoroughfare.
Fluor and Balfour Beatty, both US-based infrastructure developers, were chosen out of three bidding consortium. They have been awarded the project at the same time their previous highway development for the Texas transportation department, the $798 million Dallas Horseshoe project, is nearing completion.
“We're honored to have been selected by TxDOT to deliver this complex design-build transportation project in partnership with Fluor,” Balfour Beatty chief executive Ray Bond said. “As we near delivery of the $798 million Horseshoe project for TxDOT in Dallas in partnership with Fluor, we are pleased for the opportunity to continue our work to help the state achieve its long-term transportation needs in a fast-growing metropolitan area.”
The project has received funding from TxDOT's Clear Lanes Initiative, which provides funding for projects that relieve traffic congestion throughout the state. Construction is expected to begin later this year and has a 2021 completion deadline.