A new $357 million TIFIA loan reached financial close on April 29, 2016 to help finance four new express toll lanes on SH 288 in Houston, Texas. The project will add express toll lanes to a 10.3 mile segment of SH 288 between US 59 and the Harris County Line, including direct connector ramps to the Texas Medical Center and an interchange with the Sam Houston Tollway. The project is being implemented as a 52-year design-build-finance-operate-maintain public-private-partnership.
Read the full press release (April 29, 2016)
