Fluor-Led Joint Venture Opens 8-Mile 183 South Project in Austin, Texas
Fluor Corporation (NYSE: FLR) announced the opening of the new U.S. Highway 183 South in Austin, completed by its joint venture, Colorado River Constructors, with Balfour Beatty Infrastructure. The project, awarded in 2015, involved a $581 million contract to design and reconstruct 8 miles of highway. Enhancements include six new tolled lanes, five grade-separated interchanges, 38 bridges, and intelligent traffic management systems, catering to over 60,000 vehicles daily. Fluor's ongoing projects in Texas further bolster its commitment to regional infrastructure development.
- Successfully completed U.S. Highway 183 South project, enhancing Austin's infrastructure.
- Contract worth $581 million awarded to Fluor's joint venture, showing financial significance.
- Project expected to accommodate over 60,000 vehicles daily, increasing regional traffic efficiency.
- None.
Fluor Corporation (NYSE: FLR) announced today that Colorado River Constructors, its joint venture with Balfour Beatty Infrastructure, has opened the new U.S. Highway 183 South, formerly Bergstrom Expressway, one of Austin’s most important arterial roadways.
Pictured is Loyola Lane for the 183 South project in Austin, Texas. Note: Photo courtesy of the Central Texas Regional Mobility Authority
“It is always gratifying to finish a project and successfully deliver it to the client,” said Terry Towle, group president of Fluor’s Urban Solutions business. “This project represents Fluor’s commitment to providing the most significant improvements to the U.S. Highway 183 corridor since the mid-1960s.”
The Fluor-led joint venture was awarded a
The project added capacity to one of Austin’s most important arterial roadways that serves more than 60,000 vehicles per day. The project included the design and construction of six new tolled lanes (three in each direction), new general purpose (frontage) lanes, five grade-separated interchanges, 38 new bridges including four new pedestrian bridges and two new direct connect flyover ramps, along with the installation of intelligent traffic management systems. Enhanced landscaping and aesthetics, trailhead improvements, and bike and pedestrian sidewalks with shared-use paths were also included along the entire corridor to provide east Austin with multimodal connections to the community.
Fluor has been continuously designing and building infrastructure projects in Texas for nearly 20 years and is currently delivering the I-635 LBJ East Project and the Southern Gateway Project in Dallas. In addition, Fluor was recently awarded the Oak Hill Parkway Project in southwest Austin, just 10 miles west of the 183 South Project.
Fluor’s design-build presence began in Austin in 2002 with the construction of State Highway 130, Segments 1-4, which was completed in 2009.
About Fluor Corporation
Fluor Corporation (NYSE: FLR) is building a better future by applying world-class expertise to solve its clients’ greatest challenges. Fluor’s 44,000 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had revenue of
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