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Toll road construction could begin in June

Posted April 15, 2009

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— Construction on the remainder of North Carolina's first toll road could begin as early as June.

The North Carolina Turnpike Authority's Board of Governors on Wednesday gave the green light on the 18.8-mile Triangle Expressway in Western Wake County, approving a bond proposal that allows the Turnpike Authority to seeking bond insurance and a $1 billion loan with the U.S. Department of Transportation.

Troubled economy could delay toll road construction Toll road could be complete by 2012

"It's looking good, so, we're cautiously optimistic," said the Turnpike Authority's chief financial officer, Grady Rankin.

The Northern Wake Expressway, the first of the three sections of the Triangle Expressway, opened in July 2007 and stretches 2.8 miles from N.C. Highway 54 in Morrisville to N.C. Highway 55 near the Research Triangle Park.

The Turnpike Authority expected construction on the two remaining stretches to begin in October, but the project was delayed when the credit market collapsed.

The Turnpike Authority plans to go to the bond market in late April and could have funding by late May. Construction would start in June and would be completed by 2012.

The second leg of the Triangle Expressway, could open as early as 2011. The 3.4-mile stretch, the Triangle Parkway, runs from N.C. Highway 147 in Durham to N.C. Highway 540 in Morrisville.

The 12.6-mile Western Wake Freeway, from N.C. 55 near Research Triangle Park to N.C. 55 between Holly Springs and Apex, could open as the third section by 2012.

S.T. Wooten Corp. of Wilson won a bid of $137.4 million for the Triangle Parkway. The Raleigh/Durham Road Builders bid more than $446.4 million for the Western Wake Freeway.

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  • T-Man Apr 22, 2009

    "I'm thinking why are the bids so different? I would think something is amiss?" - ncguy

    From the article: "S.T. Wooten Corp. of Wilson won a bid of $137.4 million for the Triangle Parkway. The Raleigh/Durham Road Builders bid more than $446.4 million for the Western Wake Freeway." These are bids on two different sections, that's why they are so far apart.

    Hopefully if/when they finally complete the road, there will be pleny of people using it, thus freeing up more space on the currently available free roads!

  • Escaped ftom Wake Apr 16, 2009

    I am like the rest of you, when I'm back in town for work, I will not drive a mile of it. But it will not hurt them at all. It will stay a toll road. I'm sure when the state created the toll "authority" to get the road building monkey off there backs other arrangements where also made. I bet the state guarrented the bonds for them and also made sure that they will have at least a certain profit margin. That and the school system is why I escaped from Wake...

  • alwayslovingu30 Apr 16, 2009

    Just goes to show you the State has Plenty of money to toss around from aunt Perdue.I my self will avoid this stretch of hiway an any others at all cost.It is not Fair to pay twice,But tax payers are used to it in n.c. by now

  • ncguy Apr 16, 2009

    I'm thinking why are the bids so different?
    I would think something is amiss?

    Remember you get what you pay for. We had to pay to repair I40 for poor construction 1 year after completion.

    In any case I will not pay twice to drive in this state. Once through my taxes and again with a toll charge?

    No Thanks!

  • rc4nc Apr 16, 2009

    Good luck with that. I won't ever use it. It may possibly reduce the growth in Wake County. I suppose that's the real goal. Make the area less attractive to the businesses and people concidering a relocation to this area.

  • fl2nc2ca2md2nc Apr 15, 2009

    "Go ahead and add 5 years on to that 2012 "expected completion date""

    When I moved to Apex in 1996, the projected completion date for the Western Wake _Freeway_ was 2007/2008. Sigh...

  • BULLDOZER Apr 15, 2009

    ""I don't care when they finish it, I won't drive one inch on it until the toll is removed."" Sorry to say, you will never drive on it then. Tolls rarely ever go away. They just rebuild the toll plazas every few years.

  • cartman Apr 15, 2009

    I'll never use it, I'll take the back roads around that area, as will everyone in my neighborhood, causing even worse traffic. Then the cities and county will have to pay to improve those secondary roads.....this is a complete waste of money. No toll roads in NC!

  • NCPictures Apr 15, 2009

    Just curious... why is this segment a toll road yet the rest isnt?

    Not gonna see me driving on it as long as there is a toll.

  • patriotsrevenge Apr 15, 2009

    I don't care when they finish it, I won't drive one inch on it until the toll is removed.

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