Texas State Highway 288 Toll Lanes
10.3-mile roadway improvement south of downtown Houston
Description
52-year concession agreement for the design, construction, financing, operation, and maintenance of the State Highway 288 road improvement project. Project Sponsor
Texas Department of TransportationProject Payment Type
Demand-Based Toll RevenueTotal Project Costs
$1.1 billionConcession Team
Iridium (ACS) / Shikun & Binui / InfraRed / Northleaf / Clal / Tikehau Star InfraConstruction Team
Dragados / Shikun & Binui / PulliceO&M Team
Self PerformProject Overview
52-year concession agreement for the design, construction, financing, operation, and maintenance of 10.3 miles of managed toll lanes inside the right of way of Texas State Highway 288. When completed, the project will improve mobility south of Houston and alleviate congestion along a busy corridor. The State Highway 288 expansion is a 10.3-mile roadway improvement south of downtown Houston and will include three major interchanges: Beltway 8, which will include eight direct connector/ramp bridges; Loop 610, which will include eight direct connector/ramp bridges; and The Texas Medical Center, which will include two direct connector/ramp bridges. Construction began in Fall 2016 and is expected to last until early 2020.
Website: https://drive288.com/
