The venture consortium, led by Ferrovial's toll highway subsidiary Cintra Infraestructuras, will construct and function the North Tarrant Categorical "3C phase" extension. Ferrovial Agroman might be answerable for the design and building. The consortium, phase three of NTE Mobility Companions, additionally consists of the Meridiam fund and APG, an organization specializing within the administration of pension funds.
The contract covers 11 km between Heritage Hint Parkway, north of US 81/287, and Eagle Parkway, in Denton County. Present lanes might be upgraded and proceed to be free, whereas two toll lanes might be in-built each instructions, in addition to ramps.
Building will start instantly and the highway needs to be open to visitors by the top of 2023. The concession contract will final till 2061.
That is Cintra's fourth channel administration venture within the Dallas-Fort Price space, one of the dynamic areas in america. The corporate already operates the LBJ Categorical, North Tarrant Categorical (NTE) and NTE 35W networks, which is an extension of the NTE (segments 3A and 3B).