The NTE is a 13.5 mile highway located in the Dallas-Fort Worth area in north Texas. It is dedicated to improving mobility along a series of highways vital to the region, including IH-820 and SH 121/183.
The North Tarrant Express corridor is one of the most congested in the United States. Actually, the clients can choose the new managed lanes because it offer faster, safer and more reliable travel.
Managed lanes offer a solution to the problem of congestion in urban areas that are unable to develop new roadways due to lack of space.
The NTE project rebuilds the existing highway and adds new managed toll lanes that will be totally electronic and without collection booths. Traffic will move more freely and a greater number of vehicles will be handled by the facility.
The NTE project is creating about 2,000 jobs in Texas, contributing to the job creation and economic development recovery in the United States.
Additionally, a significant number of the region's small businesses, contractors, suppliers and vendors will be involved in this critical project.
|Concessionaire||NTE Mobility Partners|
|Location||Dallas/Fort Worth, North Texas|
|Customer||Texas Department of Transportation|
|Equity structure||56,7% Cintra Infraestructuras S.A.|
10% Dallas Police and Fire Pension System
|Concession start date||2009|
|Concession end date||2061|
|Purpose||Plan, design, finance, construct, maintain and enhance.|
|Managed investment||€ 1.592,3 B|
|Jobs created||100+ local contractor and vendor firms will be utilized during construction|
|Length of the highway||13.5 miles (21,4 km)|
|Number of lanes||2 tolled lanes and 2-3 free lanes each way|
|Toll system||Open (free flow)|
|Payment methods accepted||Electronic (TxTag or Pay by Mail)|
This highway system has been part of the Texas Mobility Plan for more than 20 years.
In only one year, Cintra was able to design the project, achieve financial close and commence construction of the NTE project.