52 year Concession Agreement for the design, construction, financing, operation, and maintenance of the State Highway 288 road improvement project (the “Partnership Agreement”)
The State Highway 288 (“SH-288”) expansion is a 10.3-mile roadway improvement south of downtown Houston and will include three major interchanges:
- Beltway 8, which will include (8) direct connector/ramp bridges
- Loop 610, which will include (8) direct connector/ramp bridges
- The Texas Medical Center, which will include (2) direct connector/ramp bridges
Construction will begin in Fall 2016 and is expected to last until Q2 2019.
Commercial Close for the project occurred on March 4, 2016 with the Blueridge Transportation Group (the Concessionaire) and Financial Close was achieved in May 9, 2016.