By Mark Holan, editorial director, ARTBA
The Georgia Department of Transportation (Georgia DOT) recently hosted an Industry Forum event to showcase the innovative State Route (SR) 400 Express Lanes Project. The event drew over 300 highway design and construction industry executives.
The SR 400 Express Lanes’ estimated cost is $1.3 billion, and the project’s scheduled substantial completion is mid-2027. The DBFM delivery model comes with a 35-year maintenance term and an availability payment structure. The project consists of 16.1 miles of express lanes managed by congestion-based pricing.
Georgia DOT Commissioner Russell McMurry told the group that the SR 400 Express Lanes is the agency’s first Design-Build-Finance-Maintain (DBFM) project and its first Major Mobility Investment Program (MMIP) P3. It is critical to the residents and businesses in the community as it connects metro Atlanta’s interstate system. The region’s tremendous growth is expected to continue and further increase congestion.
Last year the project received a federal Infrastructure for Rebuilding America (INFRA) grant of $184 million. Additionally, a $100 million state bond for express lanes transit in the form of Bus Rapid Transit (BRT) was awarded to aid with the Phase 1 plans of MARTA’s BRT corridor along SR 400.
PHOTO: Georgia DOT Commissioner Russell McMurry, at podium, addresses highway industry executives. Georgia DOT photo.