I-405 Improvement Project Update
By Orange County Supervisor Pat Bates
Project development and environmental documentation are underway for improvements to the Interstate 405, between State Route 55 and Interstate 605. On October 22, 2012, the Orange County Transportation Authority (OCTA) Board of Directors considered three different build alternatives and selected Alternative 1, which adds one general purpose lane in each direction, as the Locally Preferred Alternative.
Alternative 2 would add two general purpose lanes in each direction but would have a $100 million funding shortfall; and Alternative 3 would add one general purpose lane in each direction, as well as a toll lane in each direction, which would be added to the existing HOV lane to create a two-lane High-Occupancy Toll (HOT) Lane facility (similar to the 91 Express Lanes). The approximate $700 million shortfall for Alterative 3 would be funded through toll revenue bonds. Continue reading
