 |
 |
| Location |
Denver Metro Area |
| Project Sponsor |
Colorado Department of Transportation (CDOT)
Regional Transportation District (RTD)
Federal Highway Administration
Federal Transit Administration |
| Mode |
Highway / Light Rail |
| Description |
The T-REX project involved a major reconstruction of Denver's I-25/I-225 Southeast Corridor, as well as the expansion of the RTD light rail system. This corridor connects two major employment centers in the region-the Denver CBD and the Southeast Business District. The project is regarded as one of the most successful transportation projects in the U.S. and involved numerous innovations contributing to its completion ahead of schedule and under budget.
Major elements of the project included:
- Widening major interstates to six to 10 lanes in each direction
- Reconstructing eight interchanges, including I-25/I-225
- Adding 19 miles of double-track light rail with west side alignment along I-25 and median alignment along I-225
- Constructing 13 new light rail stations with 6,000 parking spaces
- Adding 34 light rail vehicles to RTD fleet
- Building a new light rail maintenance facility
|
| Cost |
$1.67 billion |
| Funding Sources |
Highway elements ($795 million)
- GARVEEs (Colorado Transportation Revenue Anticipation Notes) - $600 million (backed by future Federal aid receipts)
- Sales and use tax revenue - $195 million
Transit elements ($879 million)
- FTA New Starts Full Funding Grant Agreement - $525 million
- Sales and Use Tax Revenue bonds - $324 million
- Local matching funds - $30 million (passenger fares)
|
Project Delivery/
Contract Method |
Design-Build / Best Value |
| Private Partner |
None |
Project Advisors/
Consultants |
Southeast Corridor Constructors (SECC)
Joint venture of Kiewit Construction Company and Parsons Transportation Group |
| Lenders |
Bondholders |
| Duration / Status |
2001 to 2006 |
| Financial Status |
Closed |
| Innovations |
- Progressive financing incorporating voter-approved GARVEEs and sales tax revenue bonds
- First design-build contract to incorporate major highway and transit elements into the same project
- Use of design-build/best value contract selection rather than low bid to save an estimated 22 months of construction
|
| Related Links / Articles |
Metro Denver Economic Development Corporation T-REX Fact Book
|
| Contacts |
Douglas Bennett
FHWA Colorado Division
Tel: (720) 963-3030
douglas.bennett@dot.gov
Terry Rosapep
Regional Administrator
Federal Transit Administration
Tel: (720) 963-3320
terry.rosapep@dot.gov
Randy Jensen
Regional Director
Colorado Department of Transportation
Tel: (303) 757-9459
randy.jensen@dot.state.co.us |