The California Transportation Commission (CTC) allocated $1.7 billion in funding last week for transportation projects that will strengthen the state’s economy by sustaining and creating jobs and provide congestion relief for motorists statewide.
“The benefits these projects bring to California are a huge boon to the economy, and the investment in our transportation system will continue to serve motorists for generations to come,” said Caltrans Director Malcolm Dougherty.
Approximately $872 million of the funding was provided by Proposition 1B, a transportation bond approved by voters in 2006. In total, more than $13 billion in Proposition 1B funds have been distributed statewide.
Some of the notable projects that received funding include:
$224.1 million – Golden State Freeway (I-5) HOV lanes from Magnolia Boulevard to Buena Vista Street in Burbank. The project extends from Empire Avenue to Burbank Boulevard and includes interchange modifications and railroad realignment. The work is scheduled to begin in early 2013 and the total project cost is estimated at $452 million. The lead agency is Caltrans District 7 in partnership with the LA County Metropolitan Transportation Authority (Metro).
