L.A. considers $10B 405 Expressway Tunnel via P3 model

08/28/2013 | KTTV-TV (Los Angeles)

To reduce traffic congestion on Los Angeles' 405 Expressway, officials are considering building a $10 billion underground tunnel -- a project that could break ground within two to three years, says Roger Moliere, the chief of real estate for the Los Angeles County Metropolitan Transportation Authority. The 28-mile tunnel would feature toll lanes and a subway that would be funded by a public private partnership, and partners could be solicited by METRO within a year's time, according to Moliere.

View Full Article in:

KTTV-TV (Los Angeles)

Published in Briefs: