North Carolina Construction News staff writer
The N.C. Department of Transportation and the N.C. Turnpike Authority have awarded the first of two construction contracts to complete the Triangle Expressway between Interstate 40 and Interstate 87.
A $450 million contract was awarded this week to a joint venture of Flatiron and the Fred Smith Company, to build six miles of road from south of Rock Quarry Road to I-87. The second contract will be awarded later this year for the remaining four miles is expected to be about $350 million.
Construction on the first segment, known as the Northern Wake Expressway, began in 1992 and eventually arced across North Raleigh, connecting U.S. 64 in Knightdale with I-40 near RTP. N.C. 540, the Triangle Expressway, is expected to be completed across southern Wake County by 2028.