485 to be finished by 2015, construction resumes this year

Posted on 4 Jun 2010 by Justin Ruckman

image credit: The AARoads Blog

“Gov. Bev Perdue made it official Thursday morning, signing a contract with Blythe Construction Inc. to finish the I-485 beltway.
Perdue, standing in front of a backhoe and a dump truck at the local offices of the state transportation department, called the controversial design-build-finance plan ‘a new chapter’ in how North Carolina handles its overwhelming roads and highway needs. The funding plan allows the state to stretch its payments over five-and-a-half years even though the work will be completed in four-and-a-half years.
”

Read more by Erik Spanberg at Queen City Agenda (a Charlotte Business Journal blog).