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Project Profiles

Eleventh Street Bridge Project - Washington, D.C.

Location

Washington, DC

Project Sponsor / Borrower

District Department of Transportation (DDOT)

Program Areas

Project Finance

Mode

Bridge

Description

The Eleventh Street Bridge Project is replacing the existing twin bridges that carry I-295 over the Anacostia River in the southeast quadrant of the District. Three new bridges are being constructed and improvements being made to the interchanges at both ends, including adding missing movements to and from the north onto the Anacostia Freeway (I-295/DC 295).

The two-phase project will:

  • Improve mobility by providing separate freeway and local traffic connections to both directions of DC 295, the Southeast-Southwest Freeway (I-295/I-395), and local streets on both sides of the river
  • Provide a shared bicycle and pedestrian path, as well as rails to allow future streetcar connections
  • Replace functionally deficient and structurally obsolete bridges
  • Provide additional evacuation routes from the nation's capital
  • Include new trail connections, improved drainage, and other environmental investments

Phase 1 includes the three bridges and most of the amenities described above. Phase 2 will further improve the connection between the Southeast-Southwest Freeway and Virginia Ave. SE with the new outbound 11th Street Freeway Bridge.

Cost

Phase 1 project cost: $309.2 million

  • Design-build contract: $261 million

Phase 2 project cost: $90 million

Funding Sources

Phase 1:

Federal funds:

  • Federal program funds - $90.6 million
  • Federal earmarks - $17.6 million
  • GARVEE bonds - $80 million

Local funds:

  • General obligation bonds - $85.1 million
  • District parking tax - $28 million
  • Right-of-way fees - $3.7 million
  • CSX Rail contribution - $4.2 million

Project Delivery / Contract Method

Design-Build

Private Partner

Design-builder: Skanska/Facchina

Project Advisors / Consultants

Phoenix Capital Partners, LLP - Financial Advisor
Public Resources Advisory Group - Financial Advisor
Bryant Miller Olive P.C. - Bond Counsel
Hawkins Delafield & Wood LLP - Disclosure Counsel

Lenders

Bondholders

Duration / Status

Phase 1 construction began December 2009; expected completion summer 2013

Phase 2 construction to start late 2012; expected completion late 2015

Financial Status

Closed

Innovations

  • Largest project ever constructed by DDOT and first river bridge replacement in the District in more than 40 years
  • DDOT is using a form of tapered match that credits the department with $63.6 million in local dollar expenditures incurred after authorization of the project but prior to the issuance of the GARVEE bonds. In this manner, full repayment of the GARVEE bonds over 15 years will come from future Federal-aid revenues without the need for a payment-by-payment local match.

Related Links / Articles

DDOT Project Website
FHWA Office of Office of Planning, Environment, & Realty Case Study

Contacts

Bryon Johnston
Public Information Manager
DDOT
Tel: (202) 484-2330 ext. 137
ddotpublicaffairs@dc.gov