photo credit: Texas Department of Transportation (TxDOT)
| Location | Houston, Texas |
|---|---|
| Project Sponsor / Borrower | Texas Department of Transportation (TxDOT) |
| Program Areas |
|
| Mode | Toll Road / Managed Lanes |
| Description | The Katy Freeway is the Houston region's major east-west highway, extending 40 miles from the Central Business District west to the Brazos River. Constructed in the 1960s with three lanes per direction and two frontage lanes to accommodate approximately 80,000 vehicles per day, forty years later volumes were approaching three times those levels with chronic congestion lasting up to 11 hours a day. TxDOT completed a major five-year reconstruction of a 12-mile section of the Katy Freeway from west of SH 6 to the I-10/610 interchange in October 2008. The reconstruction widened the Katy to provide six general purpose highway lanes in each direction and two variably priced high occupancy toll lanes in the median of the highway. The financing of the $2.8 billion project has involved an innovative collaboration between TxDOT and the Harris County Toll Road Authority (HCTRA), combining toll backed debt with more traditional grant funding. |
| Cost | $2.79 billion |
| Funding Sources | Federal funds - $1,421 million (Federal aid receipts) State funds - $1,113 million (motor fuel tax receipts, vehicle license fees, other fees) HCTRA - $238 million (toll receipts) Other Local funds - $17.7 million (grants from HCTRA, Metropolitan Transit Authority of Harris County, City of Houston, Energy Corridor District) |
| Project Delivery / Contract Method | Design-bid-build |
| Private Partner | None |
| Project Advisors / Consultants | GEC - Parsons Brinckerhoff Contractors - Williams Brothers and Balfour Beatty |
| Lenders | None |
| Duration / Status | The project broke ground in 2003 and was completed in October 2008 |
| Financial Status | Closed |
| Innovations |
|
| Related Links / Articles | |
| Contacts | Not available |
