- Briefing Room
|I-285/I-20 East Interchange P3, Georgia
|In Dekalb County East of Atlanta, Georgia
|Project Sponsor / Borrower
|Georgia Department of Transportation (GDOT) & State Road Toll Authority (SRTA)
|Value Capture Techniques
|Highway and Bridge
The I-285/I-20 East Interchange project will improve traffic flow and safety at this busy interchange. This critical junction in DeKalb County requires operational and geometric improvements to address inefficient flow of traffic and safety performance. The project includes ramp reconstruction, construction of collector-distributor lanes between Wesley Chapel and I-285 interchange, and a west-bound auxiliary lane between Lithonia Industrial Boulevard and Panola road. The project results in 18 additional lane miles and consists of:
This project is part of Georgia's Major Mobility Investment Program (MMIP): The Georgia Department of Transportation (Georgia DOT) is making major investments in the stateâ€™s transportation network to deliver projects that will meet a community need and deliver positive benefits to drivers. Major Mobility Investment Program (MMIP) projects were pinpointed that will create additional capacity, improve freight movement, provide transportation improvements and efficiencies, enhance safety, and decrease travel times.
|$691.7 million ($685.5 million in redesign the interchange of interstates 285 and 20 east of Atlanta.)
Federal, State, & Local
|Project Delivery / Contract Method
Walsh Investors, LLC (an affiliate of Archer Western) will be responsible for arranging the financing for the project.
|East Interchange Builders Consortium led by Walsh Construction Group
|Project Advisors / Consultants
|Greenburg Traurig LLP, Bond Counsel
HNTB Corporation, Technical
|Consortium led by Walsh Construction Group. The consortium will fund the project through an innovative structure in which a highly rated financial institution headquartered in the United States will fund a gross funded, fixed, rate, tax-exempt loan to the Public Finance Authority
|Duration / Status
|Financial Status/Financial Performance
|The project reached commercial close on June 17 and financial close on July 27, 2022 Construction is anticipated to begin in mid-2023 and complete in early 2027
|Related Links / Articles
Darryl D. VanMeter, P.E.