US 36 Express Lanes Project

 

US 36 Express Lanes Project: Phase 1

In partnership with CDOT, RTD and the Colorado HPTE, 36 Commuting Solutions and the US 36 Mayors & Commissioners Coalition have successfully assembled funding from a variety of partners to start the re-invention of US 36 into a multi-modal innovation corridor.  As the largest CDOT project in the state, the $312 million undertaking will develop the US 36 Bikeway, Bus Rapid Transit (BRT) service, and a new managed lane in each direction from Federal Boulevard to 88th Street.  These managed lanes will be used for High Occupancy Vehicle (HOV), High Occupancy Toll (HOT) and Bus Rapid Transit (BRT), greatly alleviating congestion and providing US 36 commuters with more commuting options.  CDOT has chosen the Ames/Granite Joint Venture team as the design-build contractor for the project.

Project Funding, Phase 1

Fund Source Amount
CDOT Federal and State Grants $77.7 M
RTD Sales Tax Revenue $124 M
DRCOG Federal Funds $46.6 M
HPTE (including TIGER Grant) $10 M
Plenary Debt & Equity (including TIFIA Loan) $54 M
Local Government $5.6 M
Total $317.9 M

Project Timeline

Action Date Complete
Letter of Interest to Bidders March 2011 X
Issue Request for Proposal September 2011 X
Proposal Due February 2012 X
Construction to Begin Summer 2012 X
Construction Complete December 31, 2014

Other Documents

TIGER Grant Application

US 36 Express Lanes Project: Phase 2

 

The second phase of the US 36 Express Lanes project will continue the managed lanes, Bus Rapid Transit and US 36 Bikeway from 88th Street to Table Mesa.  Though it is currently unfunded, the US 36 Coalition is working closely with the Colorado HPTE and CDOT to advocate for the remaining $113 million needed to complete the project.  It is expected that construction of Segment 2 will continue seamlessly as Segment 1 is completed.
UPDATE: The Colorado HPTE has officially selected the Plenary Roads Denver team to complete Phase 2 of the US 36 Express Lanes Project.

You can learn more about the US 36 Public-Private-Partnership (P3) agreement in this informative FAQ and Executive Summary.

Project Funding, Phase 2

Fund Source Amount
CDOT Federal and State Grants $15 M
RTD Sales Tax Revenue $18.5 M
DRCOG Federal Funds $15 M
Plenary Debt & Equity (including TIFIA Loan) $120 M
Local Government $11 M
Total $179.5 M

Project Timeline

Action Date Complete
Letter of Interest for TIFIA Loan December 2011 X
Request for Qualifications Issued February 2012 X
TIGER/TIFIA Loan Application Submitted March 2012 X
Statement of Qualifications Due April 2012 X
Issue of Request for Proposal Summer 2012 X
Financial Close and Construction Begins Winter 2013
Construction Complete Spring 2016

Other Resources:

US 36 Express Lanes Project Fact Sheet