Lessons learned from the Northwest Corridor project are helping the Georgia DOT plan toll lanes along I-285. Photo credit: Georgia DOT
ATLANTA – The Georgia Department of Transportation first turned to the private sector to help finance a major road-building project with the Northwest Corridor, adding toll lanes a few years ago to Interstate 75 in Cobb and Cherokee counties.
Now, the DOT wants to take the public-private partnership (P3) concept to a new level using its experience with the Northwest Corridor as a guide.
The agency is looking for a private partner interested in shouldering the lion’s share of the cost of a plan to build toll lanes along the Top End of heavily traveled I-285 from just north of its interchange with I-20 East to just north of the I-20 West interchange. Terms of the deal would be set out in a 50-year contract, up from the current 35-year contract governing the Northwest Corridor.
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