ARDOT and TDOT were co-applicants for the grant to replace the aging, 75-year-old bridge. USDOT recently announced the historic grant, allowing the project to move forward. The grant is funded through the Bridge Investment Program under the Infrastructure Investment and Jobs Act. This is the largest grant ever received by ARDOT.
The new I-55 bridge will provide redundancy, improve resiliency, meet modern seismic code, and improve connectivity and economic vitality along this major freight corridor.
The project is estimated to cost approximately $800 million. In addition to the nearly $400 million investment from USDOT, ARDOT and TDOT have each committed up to $250 million.
“I’m proud of the collaboration between Arkansas, Tennessee, and other regional stakeholders to help secure this important infrastructure funding for our region,” ARDOT Director Lorie Tudor said. “Thank you to the USDOT for recognizing the significance of this project and choosing to invest in this critical link between Arkansas and Tennessee. I’d like to give a special thanks to Arkansas’ Congressional Delegation for their support and advocacy of this project.”
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“Arkansas is where America’s road, river, and rail infrastructure meet. [This] announcement — the largest shared infrastructure project in our two states’ history — will help cement Arkansas’ status as a transportation and logistics leader while bringing more visitors to our state,” Governor Sarah Huckabee Sanders said. “I’m thankful to Governor Bill Lee and the other state and local leaders who got it done.”
Environmental studies are currently underway, and public hearings are slated for August.
