NTE Mobility Partners has achieved financial close to begin constructing a new phase of the !-35W redevelopment project in southern Denton County and north Tarrant County.
The $910 million project will rebuild 6.7 miles from just north of Hwy 287 to Eagle Parkway in Denton County. The new corridor will include reconstructed main highway lanes, expanded frontage roads and two TEXpress Managed Lanes in each direction, according to a NTE news release. The construction will be performed by Ferrovial Agroman US and Webber. Preconstruction activities are on-going and full construction will ramp up in 2020. Anticipated substantial completion is late 2023.
“The 3C project is the culmination of 10 years of progress and growth in Tarrant County,” said Belen Marcos, United States president of Cintra. “This new segment will complete the connection between downtown Fort Worth and Alliance and tie directly into the redeveloped Loop 820 and Airport Freeway.”
NTEMP3 will finance, design, build, operate and maintain this new segment along 35W which connects with two other operating segments of the interstate, according to the news release. Segment 3C is meant to complement the existing network of TEXpress Managed Lanes and add to the congestion relief.