{"id":106662,"date":"2022-05-19T13:50:36","date_gmt":"2022-05-19T11:50:36","guid":{"rendered":"https:\/\/newsroom.ferrovial.com\/?post_type=new&#038;p=106662"},"modified":"2022-12-20T18:08:29","modified_gmt":"2022-12-20T17:08:29","slug":"ferrovial-inaugurates-the-sh-99-grand-parkway-in-houston-the-longest-beltway-in-the-united-states","status":"publish","type":"new","link":"https:\/\/newsroom.ferrovial.com\/en\/news\/ferrovial-inaugurates-the-sh-99-grand-parkway-in-houston-the-longest-beltway-in-the-united-states\/","title":{"rendered":"Ferrovial marks opening of new segments of SH 99-Grand Parkway in Houston, the longest loop in the U.S."},"content":{"rendered":"    <section class=\"wysiwyg text-editor \" id=\"\">\n        <div class=\"container container--narrow container--p-10\">\n            <p>Ferrovial proudly joined the Texas Department of Transportation in a ribbon-cutting ceremony on May 18 to mark the\u00a0<strong>substantial completion and opening<\/strong>\u00a0of three new segments of the longest loop in the United States \u2013 the 184-mile\u00a0<strong><a href=\"https:\/\/www.ferrovial.com\/en\/business\/projects\/sh-99-grand-parkway\/\">Grand Parkway highway project<\/a>.<\/strong><strong>\u00a0<\/strong>More than 200 guests attended the event, which was covered by Houston area\u00a0media.<\/p>\n<p>TxDOT awarded the\u00a0<strong>$1.28 billion<\/strong><strong>\u00a0<\/strong>design-build construction contract to Grand Parkway Infrastructure (GPI), a joint venture led by Ferrovial Construction, along with Webber\u00a0and Granite Construction,\u00a0in March 2017.<\/p>\n<p>&nbsp;<\/p>\n        <\/div>\n    <\/section>\n    <section class=\"block-quote \" id=\"\">\n        <div class=\"container container--narrow container--p-10 block-quote__body\">\n            <blockquote class=\"block-quote__text\" aria-label=\"\">\n                It is rare to work on a project that has the potential for such significant impacts in terms of city-to-city and region-to-region connectivity, safety and reliability for drivers, and economic growth opportunities.\u00a0This new corridor will greatly enhance the quality of life for residents and create growth potential for businesses for generations to come.            <\/blockquote>\n\n            <footer class=\"block-quote__footer\">\n                                    <p class=\"block-quote__author\" aria-label=\"\">\n                        <span class=\"block-quote__author-name\">Javier Martin Gil<\/span>\n                    <\/p>\n                                    <p class=\"block-quote__author-role\" aria-label=\"\">\n                        CEO of GPI                    <\/p>\n                            <\/footer>\n        <\/div>\n    <\/section>\n    <section class=\"wysiwyg text-editor \" id=\"\">\n        <div class=\"container container--narrow container--p-10\">\n            <p>Other speakers included\u00a0TxDOT Houston District Engineer Eliza Paul,\u00a0TxDOT Beaumont District Engineer Martin Gonzalez,\u00a0State Representative of\u00a0District 18\u00a0Ernest Bailes, Chambers County\u00a0Judge Jimmy Sylvia and\u00a0Montgomery County\u00a0Judge Mark Keough. They, along with\u00a0other special guests, took a bus tour of a stretch of SH99 before arriving at the event site.<\/p>\n<h2><strong><u>53 additional miles<\/u><\/strong><\/h2>\n<p><a href=\"https:\/\/www.ferrovial.com\/en\/business\/projects\/sh-99-grand-parkway-segments-h-i-1-and-i-2\/\">Segments H, I-1, and I-2<\/a> represent 53 miles of the entire project and connect communities across four counties &#8211;\u00a0Montgomery, Harris, Liberty, and Chambers &#8211;\u00a0northeast of Houston.\u00a0These new segments are expected to<strong>\u00a0<\/strong><strong>improve the connectivity of the existing transportation network, connect communities and<\/strong><strong>\u00a0<\/strong><strong>reduce road congestion<\/strong><strong>\u00a0<\/strong>while providing more travel options for drivers.<\/p>\n<p>The newly completed corridor stretches from the US 59\/I-69 interchange north\/northeast of Houston to SH 146 in Baytown, east of Houston. Earlier segments, which travel through Fort Bend and Harris counties and end in Montgomery County where Segment H begins, were completed between 1994 and 2016.<\/p>\n<p>The scope of the $1.28 billion project included construction of new lanes and modernization of the existing tolling infrastructure. Over 375 land parcels were acquired and 84 new or substantially reconstructed bridges were built as part of the project, which began in 2018.<\/p>\n        <\/div>\n    <\/section>\n    <section class=\"block-quote \" id=\"\">\n        <div class=\"container container--narrow container--p-10 block-quote__body\">\n            <blockquote class=\"block-quote__text\" aria-label=\"\">\n                This segment of the Grand Parkway will provide a link for communities and offer alternative routes for motorists who travel into and around the greater Houston area and the Southeast Texas region.\u00a0The entire Grand Parkway corridor is providing much needed capacity to relieve local congestion.&quot;\u00a0When completed, the Grand Parkway\u00a0will traverse seven counties.            <\/blockquote>\n\n            <footer class=\"block-quote__footer\">\n                                    <p class=\"block-quote__author\" aria-label=\"\">\n                        <span class=\"block-quote__author-name\">Eliza Paul<\/span>\n                    <\/p>\n                                    <p class=\"block-quote__author-role\" aria-label=\"\">\n                        TxDOT Houston District Engineer                    <\/p>\n                            <\/footer>\n        <\/div>\n    <\/section>\n    <section class=\"wysiwyg text-editor \" id=\"\">\n        <div class=\"container container--narrow container--p-10\">\n            <p>When completed, the Grand Parkway\u00a0will traverse seven counties.<\/p>\n<p>The project was funded through a Transportation Infrastructure Finance and Innovation Act (TIFIA) loan from the United States Department of Transportation, along with 2017 and 2013 Toll Road Revenue Bonds issued by the Grand Parkway Transportation Corporation (GPTC).<\/p>\n<h2><strong><u>U.S.<\/u><\/strong><strong><u>\u00a0<\/u><\/strong><strong><u>Business Growth<\/u><\/strong><\/h2>\n<p>Earlier this month Ferrovial Construction and Webber, partners in Alamo NEX Construction, celebrated the groundbreaking of the I-35 Northeast Expansion (NEX) Central project in San Antonio, Texas, which represents\u00a0a $1.5 billion Texas Clear Lanes project. Ferrovial, through its subsidiary Webber, has also been awarded $279 million dollars in water project this year.<\/p>\n        <\/div>\n    <\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":106659,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","nivel-2":[1925,1099],"nivel-5":[2148,1712],"nivel-1":[903],"nivel-3":[1322],"nivel-4":[2040],"class_list":["post-106662","new","type-new","status-publish","has-post-thumbnail","hentry","nivel-2-motorways","nivel-2-roads","nivel-5-ferrovial-construction","nivel-5-webber-en","nivel-1-highways","nivel-3-united-states","nivel-4-houston-en"],"acf":[],"yoast_head":"<title>Ferrovial marks opening of new segments of SH 99-Grand Parkway in Houston, the longest loop in the U.S. Ferrovial<\/title>\n<meta name=\"description\" content=\"Sala de prensa Ferrovial | \u00daltimas noticias\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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