The project reflects the public's input and approval that was received through the planning and environmental evaluation process. It includes the following:
The LBJ Express Project is located in the Dallas-Fort Worth Metroplex area. It's focus is the segment of the I-635 Freeway between Luna Road and Greenville Avenue and the segment of the I-35E Freeway between Loop 12 to Valwood Parkway.
The project is considered unique because of the following features:
Managed lanes are roadways which add lane capacity to existing freeways by combining High Occupancy Vehicle (HOV) lanes and new express lanes to improve freeway efficiency. Managed HOV lanes provide options for travelers to by-pass main lane congestion through a value pricing mechanism. These include dynamic congestion pricing; half price for HOV usage during rush hours (peak operating periods) as well as other incentives.
In the case of the I-635 Corridor, drivers will have the choice to either pay a toll for the managed HOV lanes or travel for free on the general purpose lanes or frontage roads. Commuters who travel on the managed HOV lanes will benefit from faster and more reliable travel times.
Comprehensive Development Agreement
A Comprehensive Development Agreement (CDA) is a public-private partnership that gives transportation agencies the money, innovation and resources to build projects. In Texas, CDAs are awarded to a team of companies that may provide any combination of finance, design, construction, maintenance and operation services under TxDOT guidelines.
TxDOT, regional and local officials collaboratively agreed that TxDOT should use the CDA model as the delivery method for the I-635 Managed Lanes Project to speed up construction and encourage competition in the private sector through the best value selection process. The CDA will bring private sector innovation and financing along with a faster project delivery that will assure a timely schedule, within budget.