Mayor Richard J. Berry announced the design build team of Kiewit New Mexico/Bohannan Huston Inc./Terracon, all New Mexico firms, have been selected to build the Paseo Del Norte/I-25 Interchange Reconstruction Project
Albuquerque, NM— Today Mayor Richard J. Berry announced the design build team of Kiewit New Mexico/Bohannan Huston Inc./Terracon, all New Mexico firms, have been selected to build the Paseo Del Norte/I-25 Interchange Reconstruction Project.
"My Administration led the effort to begin construction on this project," Mayor Berry said. "Now, with the design build team in place, I look forward to immediately new jobs for folks wearing steel toe boots and hard hats bringing home a paycheck, and to the 3,000 new jobs growing in the area in the future."
The Paseo del Norte/I 25 interchange project is a $93 million dollar project, of which $50 million is being funded by the City of Albuquerque, that adds two free flow ramps to the interchange while adding a grade separation at Paseo and Jefferson. The project should take about 18-24 months to complete.
"These are quality companies with local ties who know what it is like to sit in traffic at this interchange during rush hour," Department of Municipal Development Director Michael Riordan said. "They are committed to bringing the project in on time and on budget."
The City of Albuquerque, along with the NMDOT, Bernalillo County and the Mid Region Council of Governments are collaboratively working on the project.
The Paseo del Norte project uses City funds to leverage investments from State and Federal agencies to re-construct the Paseo del Norte and I-25 interchange, reducing traffic congestion and improving air quality. The key benefits for the first phase of the project will be to move traffic more freely and reduce the bottleneck effect that drivers currently experience.
Key benefits of the project include a potential savings of more than 350,000 hours of travel time, annually. In addition to improved air quality, the project offers congestion relief on parallel river crossings. Primary Economic Benefits include an increase of 3000 net new jobs within next 20 years and support for a local area workforce of approximately 38,000 current jobs (20% of workforce). A final plus is an estimated $2.5 million annual savings in fuel for the region over next 20 years.
Improvements include the major elements listed below:
- Eastbound and westbound PDN grade-separated over Jefferson St.
- West-to-South Loop Ramp
- East-to-North Loop Ramp
- East-to-South Flyover Ramp
- North-to-West Flyover Ramp
More information can be found at www.paseoI25.com