Home » Nevada To Try P3 for Massive Neon Highway Project
Nevada recently approved using a public-private partnership for a massive, costly upgrade to a heavily traveled section of Interstate 15 in downtown Las Vegas. Called Project Neon, the plan is meant to improve a 3.7-mile stretch of I-15 between Sahara Avenue and the U.S. 95/I-15 "Spaghetti Bowl" interchange, which sees 250,000 cars daily. Traffic through the corridor is expected to double by 2030.
“We received an unsolicited bid a year and a half ago and vetted the proposal. We found it would be beneficial to enter into a public-private partnership. It would take us 20 years to do a pay-as-you-go approach,” says Rudy Malfabon, director of the Nevada Dept. of Transportation. “This approach minimizes public impact, allowing us to get in and out, while putting in place capacity and safety improvements that will last 20 years.”
The five-phase project will reduce traffic weaving, improve safety and cut congestion-related crashes. Improvements call for a one-mile-long high-occupancy vehicle (HOV) connector between U.S. 95 and I-15, plus direct HOV access ramps at Wall Street, reconstruction of the Charleston Boulevard interchange, a Martin Luther King Boulevard-Desert Lane connection and a Grand Central Parkway connector over Charleston Boulevard, among other fixes. The total price tag is $1.8 billion, with construction scheduled to take place from 2015 to 2018. Project Neon is expected to create 4,100 jobs. Right-of-way acquisition and preliminary demolition are already under way.
A consortium led by ACS Infrastructure Development Inc., a Coral Gables, Fla.-based unit of Actividades de Construcción y Servicios S.A., has proposed to design, build, finance, operate and maintain Project Neon for 35 years after completion. Four to five other unnamed teams are chasing the jobs, too. A contract is expected to be finalized in November 2014. CH2M-Hill, Englewood, Colo., is the owner’s program management consultant.
A joint venture of Skanska, Corman Kokosing Construction Co. and McLean Contracting Co. is moving toward an early 2020 construction start for a $463-million replacement for a 79-year-old bridge across the Potomac River, south of Washington, D.C.