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Indianapolis, IN, USA (HQ)

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USDOT Approves $501M Loan for I-25 Express Lane Expansion in Colorado

DENVER, CO — The U.S. Department of Transportation announces that its Build America Bureau has provided a $501 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan to the Colorado Transportation Investment Office on behalf of the Colorado Department of Transportation (CDOT) to improve a 61-mile corridor of I-25, including adding 52 miles of express toll lanes between Denver and Fort Collins, Colorado.

The benefits of the $1.6 billion project include improved travel times; construction of new mobility hubs that encourage a modal shift to transit, carpooling, and bicycle/pedestrian travel; capacity for future travel demand; rehabilitation of older critical rail crossings and structures; and connecting users to a 100-mile regional trail network, while also maintaining safe crossings for wildlife throughout the corridor.

“This $1.6 billion project relieves traffic on neighborhood streets and provides mobility hubs, carpool and bus rapid transit facilities, park and ride lots with EV charging, and pedestrian and bicycle access,” said Under Secretary of Transportation for Policy Carlos Monje Jr. “The bus rapid transit improvements are expected to reduce travel time by 10-15 minutes, greatly enhancing benefits of transit trips.”

The project includes: 52 miles of express lanes, park and ride and mobility hubs at the Kendal Parkway and Colorado 56 interchange, and reconstruction of 13 bridges, six interchanges, and rail crossings.

The I-25 North Corridor is a top priority for the state, with $4.6 billion of investments to be implemented through 2060. The $501 million TIFIA loan will help accelerate the delivery of key segments and phases of the overall project by 2028.

Case  - CE
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Century Equipment

“The current TIFIA-funded projects will benefit the economy, environment, and quality of life for all northern Coloradans,” said Heather Paddock, Region 4 Director for CDOT. “Specifically, the loan funding will support expansion of the existing Express Lanes network, improve transit travel times by building center-loaded mobility hubs, correct geometric deficiencies, improve safety, and replace aging infrastructure.”

Volvo Roadbuilder
Your local Volvo Construction Equipment dealer
Faris Machinery
Volvo Roadbuilder
Your local Volvo Construction Equipment dealer
Faris Machinery