Federal loan · direct loan (e)
This Action Approves a Transportation Infrastructure Finance and Innovation Act (TIFIA) Loan of $3,886,891,800 for the State Route 400 Express Lanes Project in Georgia. This Project Consists of Approximately 16 Miles of Dynamically Priced, Electronically Tolled Express Lanes Along SR 400, Extending From the Marta North Springs Station at Exit 5C in Fulton County to Approximately 0.9 Miles North of the SR 400 Mcfarland Parkway Interchange at Exit 12 in Forsyth County. the Project Features Ramps and a Collector-distributor System That Will Connect the Existing General Purpose (GP) Lanes on I-285 to the New Express Lanes. the Project Will Deliver Two New Express Lanes in Each Direction for Approximately 13.6 Miles (from the Marta North Springs Station to Mcginnis Ferry Road) and One New Express Lane in Each Direction for Approximately 2.5 Miles (from Mcginnis Ferry Road to the Northern Project Terminus). the Express Lanes Will Generally Be Built Within the Median, Physically Separated From the GP Lanes, and Will Include Limited, Controlled Access Points for Entry and Exit. the Project Will Provide Direct Connections to Current Marta Bus and Express Bus Stations, as Well as Accommodate Future Bus Rapid Transit (BRT) Service Along the Corridor. the Express Lanes Will Utilize Dynamic Pricing to Maintain a Minimum Travel Speed of 45 MPH and Will Be Reserved for Personal and Transit Vehicles Only. the Intended Beneficiaries of the Project Are the Commuters, Transit Riders, and Residents of the Atlanta Metropolitan Region, as Well as Visitors Traveling in the SR 400 Corridor.
Loan amount
$3.9 Billion
$88.6M subsidy cost
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