Location | Providence, Rhode Island |
---|---|
Project Sponsor / Borrower | Rhode Island Department of Transportation (RIDOT) |
Program Areas | |
Mode | Highway / Bridge |
Description | Iway is composed of 16 individual projects to relocate a 45-year-old 1.6-mile stretch of I-195 and an adjacent 0.8-mile portion of I-95 through Providence. The highway was relocated 2,000 feet to the south of its former alignment and outside the barrier which protects the 350-year-old city from hurricane flooding. The project included 14 new bridges with a 1,200-foot, 8-lane mainline bridge over the Providence River, 25 lane-miles of new interstate, a new interchange with I-95, five miles of new city streets, and 4,100 feet of new pedestrian riverwalks. In addition, removal of the existing interstate freed up 20 acres of prime downtown real estate currently under redevelopment by the I-195 Redevelopment Commission. The mainline Iway Bridge (Providence River Bridge) garnered national attention for its construction innovation. The bridge was largely constructed offsite to avoid more complicated barge-based construction and to allow simultaneous construction of its concrete foundation. The bridge was floated 12 miles into place in August 2006. |
Cost | $610 million |
Funding Sources | GARVEE bonds Motor Fuel Tax Revenue bonds |
Project Delivery / Contract Method | Design-build |
Private Partner | Design-builder - Maguire Group Inc. (prime consultant) and Cardi Corp. (prime contractor) |
Project Advisors / Consultants | Not available |
Lenders | Bondholders |
Duration / Status | In late October 2009, the last highway segment of the relocated interchange opened to traffic. All new roads, bridges and ramps were in use at the end of 2010. The previous infrastructure was demolished and the land made ready for redevelopment with the formal transfer of land between the state and the I-195 Redevelopment Commission in April 2013. |
Financial Status | Closed |
Innovations |
|
Related Links / Articles | |
Contacts | RIDOT Public Affairs |