News Release: Associated Press
July 31, 2014
ST. PETERSBURG, Fla. (AP) -- Florida Department of Transportation officials say a new expressway linking two major roads in the Tampa Bay area will cost about $454 million -- about $116 million more than first announced.
Most of the extra expense is from buying right-of-way along the route, a cost estimated at $93.5 million.
The expressway will eventually link Interstate 275 and U.S. 19, and the unfunded project has been moved forward by as much as 20 years.
The Tampa Tribune reports that DOT officials revealed the cost of right-of-way purchases to the Pinellas County Commission at a workshop Tuesday. They also announced that the toll to drive elevated sections to avoid stoplights will be 75 cents and that the five-year construction schedule also could make life complicated for the St. Pete-Clearwater International Airport.