TxDOT buys back SH-288 toll road, and drivers want to know …

Dec 19, 2024 · Drivers have been talking about the pricey drive on the SH-288 Toll Lanes for years. They are sometimes around $15 a trip! While the state promises to reduce those tolls …

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TxDOT Buys Back SH-288 Toll Road, And Drivers Want To Know …

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Dec 19, 2024 · Drivers have been talking about the pricey drive on the SH-288 Toll Lanes for years. They are sometimes around $15 a trip! While the state promises to reduce those tolls …

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TxDOT Buys Back SH-288 Toll Road, And Drivers Want To Know …

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Dec 19, 2024 · Officials say TxDOT could consider it once a $1.7 billion debt is paid off. ... TxDOT buys back SH-288 toll road, and drivers want to know when toll prices will drop. KTRK – Houston.

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TxDOT Acquires State Highway 288 For $1.7 Billion, Promises Toll

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Oct 10, 2024 · According to a release by TxDOT, this move is poised to deliver "future toll relief and additional free general purpose lanes for drivers," crediting the state with acquiring a $4 …

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TxDOT Buys Back SH 288 Toll Road From Private Equity Partner

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Oct 23, 2024 · The Texas Department of Transportation has terminated the only public-private toll road partnership in the state, spending $1.7 billion to buy back ownership of a portion of State …

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Abbott, Patrick Bless TxDOT's $1.7B Texas 288 Toll Lane Buyout

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Aug 27, 2024 · The SH 288 managed lanes are set to go into state control after the Texas Transportation Commission agreed earlier this month to TxDOT's proposal to break a 52-year …

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TxDOT Buys Back 288 Toll Road, Waiting To See If And When

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Drivers have been talking about the pricey drive on the Highway 288 Toll Lanes for years, sometimes around $15 a trip! While the state promises to eventually reduce those tolls drivers …

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TxDOT Buys Back SH 288 - Roads And Bridges

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Aug 26, 2024 · The cost of the buyout is substantially below the value of future toll revenues on the corridor, according to TxDOT. The buyout payment of $1.7 billion would be paid off with …

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TxDOT Pushes Ahead With Buyout Of SH 288 Private Toll Road

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Aug 30, 2024 · TxDOT pushes forward on buyback of SH 288 Action would reduce average daily toll rates by 50%. Aug. 23, 2024. AUSTIN – To provide Texans with toll relief and more free …

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TxDOT Buys Back SH-288 Toll Road, And Drivers Want To Know …

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Now that the State of Texas has taken over the operation of the 288 Expressway, will those tolls ever drop? Officials say TxDOT could consider it once a $1.7...

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FAQs about TxDOT buys back SH-288 toll road, and drivers want to know … Coupon?

What happened to Highway 288 in Harris County?

TxDOT stated that it terminated its agreement for SH 288, and the state will now operate the road. HARRIS COUNTY, Texas -- Drivers heading down Highway 288 in Harris County could soon see tolls reduced after the state acquired the toll road, officials with the Texas Department of Transportation said in an Oct. 8 news release. What you need to know ...

Will Texas take over FM 288 toll lane?

The Texas Department of Transportation says the $1.7 billion deal would result in a 50 percent reduction of toll lane fares. FM 288 traffic travels northbound and southbound on the express toll lane. Debate is ongoing over the state's takeover of the Texas 288 toll lanes. ...

Will Texas be able to provide toll relief?

According to TxDOT, Texas will be able to provide toll relief by reducing average toll rates by 50 percent for drivers and investing in newer lanes quickly. "Texas will also be able to accelerate the construction of general-purpose lanes much faster than what the current [agreement] allows us. ...