Quote:
Originally Posted by Novacek
What year are those dollars in? 2012 dollars? 2004?
It'll be more by the time we actually do anything (2020 at the earliest).
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Per the document, it's "BASED ON TxDOT 2012/2013 AVERAGE BID PRICES." So, yes, the actual price will be higher.
I think the more important point is that the "modified existing plan" (no lanes depressed, one lane added in each direction, no potential for adding a cap, no potential to reconnect the grid) is quoted at $142M.
For an extra $126M ($270M total) we would also get to:
a) Depress the main lanes of the interstate below grade from south of Holly St. to north of 15th St.;
b) Structure the walls of the depressed main lanes so they can support a future cap along the entire corridor;
c) Rebuild all the bridges that currently cross I-35 and build them to Austin’s Great Streets standards;
For another $140-240M ($4-500M total), we could also:
Re-engage every historic connection across the highway with Great Streets bridges along 2nd, 3rd, 4th, 5th, 9th, and 10th;
Add inflation for 2020 and we're still <$650M (before the cap) for the full RA phase 1 proposal.