Atlanta Business Chronicle – by Dave Williams , Staff Writer
Date: Monday, January 17, 2011, 1:22pm EST – Last Modified: Monday, January 17, 2011, 2:03pm EST
An on-ramp from Interstate 85 South onto Ga. 400 North took one small step closer to becoming reality.
The Georgia Department of Transportation put out a request-for proposal on Jan. 14 for design-build services for the proposed project. Applicants have until 2 p.m. on Feb. 11 to make their proposals.
The existing interchange, which opened in the early 1990s, doesn’t give southbound motorists heading into Atlanta on either highway a direct connection to the northbound lanes of the other road. The project to connect the two has been talked about for years. And business leaders in Buckhead have long complained that failing to complete that portion of the interchange hampers access to offices and retail centers in Buckhead.
The State Transportation Board and the State Road and Tollway Authority voted last September to continue charging tolls on Ga. 400 to pay for the interchange improvements.
The tolls had been due to expire this summer when the original bonds from the early 1990s will be paid off.
Keeping the tolls is expected to raise $50 million, about $40 million of which will be used for the 400/I-85 interchange. The other $10 million in additional toll revenue will go toward 10 other smaller projects along the 400 corridor