Parker County Judge Mark Riley and consultants from Freese and Nichols updated the Parker County Commissioners Court on the construction of frontage roads and a new interchange at I-20 at Centerpoint Road at the court’s Monday, March 14, regular meeting.
Riley, and Freese and Nichols Engineer Chris Bosco had met with Texas Department of Transportation (TxDOT) recently to finalize the funding and schedule for the project, which is set to break ground in December of 2016.
Riley told the court that TxDOT has agreed to pay for the constructions costs and for the relocation of utilities, which is approximately $30.9 million of the estimated $35.5 million projected total cost of the project. Parker County and the Cities of Hudson Oaks and Weatherford are paying approximately $4.6 million of local money which includes all right of way and engineering costs.
The interchange at I-20 and Centerpoint Road is a project that the county has discussed separately from the construction of the East Loop, which was not a part of the county’s 2008 Transportation Bond Program.
"No one could have imagined we would be standing here today with funds to construct what will be the anchor of the much anticipated East Loop," Riley said. "It is through partnerships that we established with TxDOT, Aledo, Hudson Oaks, Springtown and Weatherford, as well as the Regional Transportation Council and the Highway Administration, that has allowed us to stretch the dollars of the 2008 bond program and leverage millions of dollars more to keep driving forward on our transportation improvements."
With no funding currently available for the East Loop, it is anticipated that the county would pay for the construction of the East Loop from FM 51 to the interstate through a bond proposal, according to Riley.
"That is something we will be looking at soon," Riley said. "Right now the focus is getting the final plans approved on the new interchange at I-20 and Centerpoint, so that we can get construction started, which we anticipate will be in December of this year."
Riley, who serves as Chairman of the Regional Transportation Council, said the new east and west bound frontage roads that will be built along I-20 from Lakeshore Drive in Hudson Oaks to Bankhead Highway in Weatherford as part of the interchange project will help continue the drive of economic development the rapidly growing county is experiencing.