Commuters who use Northeast Loop 820 in North Richland Hills and Haltom City will be interested to know that a deal to expand the road and add both toll and toll-free lanes is about to be announced. The Texas Department of Transportation on Thursday is expected to select one of two proposals from private bidders to rebuild Loop 820, as well as portions of Interstate 35W in north Fort Worth and Texas 121/183 Airport Freeway in Bedford, Euless and Hurst.
It's a package worth more than $1 billion, collectively known as North Tarrant Express. The Loop 820 portion of the project reportedly could be under construction by year's end. This is gonna be an interesting deal because it's one of the few privately developed toll projects still allowed under state law.
Who are these developers?
All of them are consortiums of companies, both foreign and domestic ...