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Project Profiles

I-4 / Selmon Expressway Connector

Location	Tampa, Florida
Project Borrower / Sponsor	Florida Department of Transportation (FDOT)
Program Areas
Mode	Elevated Highway
Description	The I-4 Connector is an elevated north-south toll road that will connect I-4 with the Selmon Expressway, two major east-west corridors in the Tampa region. The new roadway will cross several urban streets, State Road 60, and CSX railroad tracks, and include interchanges with I-4 and the Selmon Expressway. The Connector will have exclusive truck lanes to provide direct access to the Port of Tampa and remove commercial traffic from local roads in Ybor City. The project will include 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	PBS&J - 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. Notice to proceed issued March 1, 2010 and construction began the same day. Expected completion is February 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 Recovery.gov ARRA Award Detail TOLLROADSnews Article - January 27, 2010 ENR Southeast Article - July 2, 2012
Contacts	Adam Perez, PE Interstate Program Manager (813) 975-6083 adam.perez@dot.state.fl.us

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