[Ads /]
A $605 million loan will help the Grand Parkway build a significant chunk of the 180-mile farthest outer ring around the Houston area.
The money is for segments H and I, which will connect the Eastex Freeway to I-10 East.
That 44-mile portion of the parkway will stretch from the area around Roman Forest and Patton Village, to Dayton and Mont Belvieu.
Like the rest of the project, it is a toll road.
END OF THE ROAD? Texas representative proposes bill to end tolls on toll roads
[Ads /]
TxDOT says the new northeast span of the Grand Parkway will cost $10.87 to drive.
If you think that's steep, just consider it will cost $25 to drive the entire open portion, once these new segments are complete.
Construction is already underway, and it's expected to be finished by 2022.
Do you hate Houston traffic as much as we do? Join the club!