Funding has been secured for the final segment of the North Tarrant Express project in far north Fort Worth.
The project expands I-35W from U.S. Highway 287 north. The highway will provide a connection between downtown Fort Worth and the rapidly growing areas to the north.
“The 3C project is the culmination of 10 years of progress and growth in Tarrant County,” said Belen Marcos, U.S. president of Cintra, one of the project’s private developers. “This new segment will complete the connection between downtown Fort Worth and Alliance and tie directly into the redeveloped Loop 820 and Airport Freeway.”
The $910 million project will rebuild 6.7 miles from just north of U.S. Highway 81/287 (Heritage Trace Parkway) 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.
Construction will be done by Ferrovial Agroman US and Webber. Preconstruction activities are ongoing, and full construction will ramp up in 2020. Anticipated substantial completion is late 2023.
The North Tarrant Express 35W project is being financed through a combination of private equity from investment partners and the sale of private activity bonds. The equity investment is $160 million, and the private activity bonds will provide $750 million to the total finance package.
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Canceled City Council Work Session: 3 p.m. June 9, 2020; City Council Conference Room 290, 2nd Floor, City Hall, 200 Texas St.
Canceled City Council Meeting: 7 p.m. June 9, 2020; City Council Chambers, 2nd Floor, City Hall, 200 Texas St.
Timberland Park: 7 p.m. June 9, 2020; City Council Chamber, 1000 Throckmorton Street, Fort Worth, 76102.
City Plan Commission: 10 a.m. June 10, 2020; WebEx.
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