LBJ Express project completes financing ahead of schedule

LBJ Express project completes financing ahead of schedule

LBJ Express project completes financing ahead of schedule

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by CHRIS HAWES

WFAA

Posted on June 18, 2010 at 9:28 PM

Updated Friday, Jun 18 at 9:34 PM

There's good news for commuters routinely stuck in traffic on I-635 in Dallas. LBJ Infrastructure Group announced Friday that financing for the LBJ Express has been completed ahead of schedule. 

The LBJ Express project will overhaul Interstate 635 from I-35 to Central Expressway. As many as six express, managed toll lanes will be added across 13 miles of the freeway, in a multi-level highway system. Drivers will be able to choose whether they want to use free lanes or toll lanes.

The $2.7 billion project is being primarily financed with private capital. Construction is scheduled to start in early 2011, with completion planned by 2016.

More information on the project can be found at www.lbjexpress.com.

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