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The Triangle Expressway toll road splits at NC 540 at exit 67 to follow NC 885, along where the Triangle Expressway ends at NC 54 (exit 69) before meeting I-40 at exit 1 and continuing on as I-540. The current terminus of NC 540 is located at I-40/US 70. The most recent extension added five new interchanges to the route. [8]
I-540 Toll—a project, requested by the Capital Area MPO in 2011, that will convert all of I-540 into a toll highway, in Durham and Wake counties and requires federal approvals. [37] Mid-Currituck Bridge—$173 million project that will construct new 6.87 miles (11.06 km) two-lane highway and bridge over the Currituck Sound, in Currituck County.
The money for the project comes from $625 million in bonds and a $387 million loan from the federal government. The North Carolina Turnpike Authority deposited this money on July 29, 2009, and on the same day the agency's executive director David W. Joyner signed contracts to pay $584 million of that money to three companies to build the road over the next 42 months, creating 13,800 jobs.
The 18-mile toll road, also known as N.C. 540, is now scheduled to open to traffic at 6 a.m. on Wednesday, Sept. 25. A ribbon-cutting ceremony will take place the day before.
The 18 miles of new highway is the first of a two-phase effort to complete the 540 Outer Loop around Raleigh. Construction has just begun on the final phase , which will extend the toll road 10 ...
NCDOT, through the N.C. Turnpike Authority, would be able to borrow the money it needs for the project and pay it back with future toll revenue, much the way it has financed and built N.C. 540 ...
16.1. Brighton Boulevard in Denver. Chambers Road in Aurora. $1.50~$4.50 [33] All-electronic toll; allows ExpressToll and license plate toll; HOV-3+ must have an ExpressToll transponder which they can slide to the HOV indicator to ride free; motorcycles and RTD buses are toll-free [34] US 36 (Express Lanes) 16.0.
The 18-mile leg of the Triangle Expressway will connect N.C. 55 near Apex and Holly Springs with Interstate 40 near the Johnston County line.