Major transportation projects across North Texas are delayed and unfunded while congestion worsens. It's time to embrace P3s, a proven method to build roads with zero construction cost to taxpayers.
Ferrovial, through the NTE Mobility Partners consortium led by its subsidiary Cintra, has completed a financing arrangement to improve the North Tarrant Express toll road in Texas.
In a poll published poll from the North Texas Commission, 80% of North Texas residents favor adding toll lanes to the North Tarrant Express Midtown section of SH 183 connecting the DFW airport and downtown, at no construction cost to taxpayers.
IRVING, TEXAS—An alliance of North Texas business and community leaders is calling for needed capacity improvements to the North Tarrant Express (NTE) Midtown portion of the SH 183 corridor. The segment serves as a primary artery to the Dallas Fort Worth International Airport, downtown Fort Worth and cities across the region, making it a vital connector for commuters, commerce and cargo.
North Tarrant Express Mobility Partners' public-private partnership project will alleviate DFW's increasing transportation needs. P3 road projects have shown improved operational efficiency, increased public safety, and more efficient planning and execution.