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Fluor-Led Southern Gateway Project Opens to Traffic in Dallas
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
Fluor Corporation (NYSE: FLR) has successfully completed the $666 million Southern Gateway project in Dallas, enhancing the Interstate 35-E (I-35E) corridor. This project, initiated by the Texas Department of Transportation in 2017, included the reconstruction and widening of 10 miles of highway, aimed at alleviating congestion and improving safety. The opening of the new road was celebrated by state and local leaders, affirming Fluor's commitment to regional infrastructure development.
Positive
Successful completion of the $666 million Southern Gateway project.
Enhancement of 10 miles of highway, improving traffic flow and safety.
Demonstrates Fluor's ongoing commitment to infrastructure development in Texas.
Negative
None.
IRVING, Texas--(BUSINESS WIRE)--
Fluor Corporation (NYSE: FLR) announced today that it has completed construction for the Interstate 35-E (I-35E) and U.S. 67 Southern Gateway project in Dallas with all highway lanes officially dedicated and open to traffic. The Fluor-led joint venture with Balfour Beatty Infrastructure, Inc., was selected in 2017 by the Texas Department of Transportation (TXDOT) as the design-build and capital maintenance team for the $666 million reconstruction and improvement project located along Interstate 35E and U.S. 67 in Dallas. Completion of the project was celebrated yesterday with the official opening of the road to the public.
Fluor, together with state and local leaders, celebrated the successful completion of the Texas Department of Transportation’s Southern Gateway Project in southern Dallas. The Fluor-led project rebuilt and widened 10 miles of I-35E and US 67 including the construction of non-tolled, reversible managed lanes to help with peak travel time demands. (Photo: Business Wire)
“This is one of the many vital infrastructure projects to improve the I-35E corridor in Dallas in response to business and population expansion in one of the country’s most dynamic regions,” said Thomas Nilsson, president of Fluor’s Infrastructure business. “The reconstruction provides traffic congestion relief, improved safety and increased mobility. This project builds on Fluor’s history of successfully delivering vital infrastructure in Texas and reinforces the strength of our commitment to our state and local partners.”
The 10-mile stretch of road included the reconstruction and widening of both general purpose and non-tolled managed lanes on I-35E between U.S. 67 and Interstate 30 (I-30) and on U.S. 67 between Interstate 20 (I-20) and I-35E, all located within the city of Dallas and Dallas County.
Fluor has been designing and building infrastructure projects in Texas for nearly 20 years and is currently managing the I-635 LBJ East and I-35 East projects in Dallas; the Oak Hill Parkway and I-35 Capital Express South projects in Austin; and performing capital maintenance for the Horseshoe project in Dallas.
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 41,000 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had revenue of $12.4 billion in 2021 and is ranked 259 among the Fortune 500 companies. With headquarters in Irving, Texas, Fluor has provided engineering, procurement and construction services for more than 110 years. For more information, please visit www.fluor.com or follow Fluor on Twitter, LinkedIn, Facebook and YouTube.
What is the Southern Gateway project completed by Fluor Corporation?
The Southern Gateway project is a $666 million reconstruction and improvement initiative along Interstate 35-E in Dallas, successfully completed by Fluor Corporation.
How does the Southern Gateway project impact traffic in Dallas?
The project enhances traffic flow by reconstructing and widening 10 miles of highway, providing congestion relief and increased safety.
When was the Southern Gateway project initiated?
The Southern Gateway project was initiated in 2017 by the Texas Department of Transportation.
What are the benefits of the Southern Gateway project for Texas?
The project aims to alleviate traffic congestion, improve safety, and support regional business and population growth.
