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Project Profiles

I-4 / Selmon Expressway Connector

Location

Tampa, Florida

Project Borrower / Sponsor

Florida Department of Transportation (FDOT)

Program Areas

P3Revenue - Road Pricing Revenue

Mode

Toll Highway

Description

The I-4 Connector is an elevated north-south toll road that connects I-4 with the Selmon Expressway, two major east-west corridors in the Tampa region. The new roadway crosses several urban streets, State Road 60, and CSX railroad tracks, and include interchanges with I-4 and the Selmon Expressway. The Connector has exclusive truck lanes that provides direct access to the Port of Tampa and removes commercial traffic from local roads in Ybor City. The toll road uses an all-electronic toll (AET) system.

Cost

$402.5 million

Funding Sources

Federal funds - $203 million

ARRA grant - $105 million ($18.2 million for pre-construction support)

State funds - $10 million

Toll revenue bonds - $80 million

Local/toll funds - $22.7 million

Project Delivery / Contract Method

Build-finance

Private Partner

PCL/Archer Western - Joint venture of PCL Civil Constructors Inc. and Archer Western Contractors

Project Advisors / Consultants

Atkins - Project engineer

Goldman Sachs - Financial advisor

Arup - Technical advisor

Latham & Watkins - Legal advisor to lenders

Foley & Lardner - Legal advisor to JV

Lenders

Bank club

  • PrivateBank and Trust Co.
  • Export Development Canada
  • Lloyds TSB Bank
  • Société Générale

Duration / Status

Contract was awarded to the PCL/Archer Western on October 30, 2009.

Construction began March 1, 2010.

Open to traffic on January 6, 2014.

Project completion October 2014.

Financial Status

Financial close on December 22, 2009. The final payment for the contract is scheduled for April 2017. The private partner's short-term financing is combination of commercial bank debt and equity.

Innovations

  • First U.S. use of dedicated truck lanes
  • Most side-by-side lanes (13) tolled using AET

Related Links / Articles

FDOT Project Website

ENR Southeast Article - July 2, 2012

Aspire Magazine Article - Fall 2013

Contacts

Adam Perez, PE
FDOT District 7
Tel: (813) 975-6083
adam.perez@dot.state.fl.us

Federal Highway Administration | 1200 New Jersey Avenue, SE | Washington, DC 20590 | 202-366-4000
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