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Tampa Hillsborough Expressway Authority to Invest $1 Billion Over the Next Ten Years

For Immediate Release

August 10, 2020

Tampa Hillsborough Expressway Authority to Invest $1 Billion Over the Next Ten Years

Local Tolling Agency’s 10-Year Work Program Outlines Toll Revenue Investment for Tampa Bay

Tampa, Fla.  – The Tampa Hillsborough Expressway Authority (THEA) released its 10-Year Work Program detailing THEA’s $1 Billion investment in the Tampa Bay Community.

The 6-Year plan is an outline for THEA’s strategic capital investment projects. It lays out the Agency’s top priorities and provides an overview of work efforts and budgetary commitments through the Fiscal Year 2025. Some projects will improve mobility in downtown Tampa by redesigning ramps and creating a more connected grid system, while others will improve walkability along the Selmon Greenway.

“We are a forward-thinking agency and an innovative leader in the Transportation Tolling Industry. THEA is looking ahead to ensure that Tampa is ready as our region’s population explodes,” said Executive Director Joe Waggoner.

“THEA is an economic driver for the Tampa Bay Region that has generated $1.4 Billion in business sales and created over 100,000 jobs. This Work Program ensures THEA will continue to drive Tampa Bay forward,” added Vincent J. Cassidy THEA Board of Directors Chairman.

Projects included in THEA’s Six-Year Work Program are:

  • The completion of the Selmon West Extension, an iconic elevated tollway that will enhance the mobility for regional travelers;
  • The completion of the Selmon Safety Project designed to prevent crossover crashes;
  • Meridian Avenue improvement at Twiggs Street will improve safety and access to downtown Tampa and expedite traffic to and from the REL;
  • THEA CV-Pilot will enter a new phase by partnering with Hyundai to implement a real-world test site and will upgrade the current system technology, paving the way for connected and automated BRT routes;
  • Selmon Greenway Improvements will enhance Tampa’s urban core walkability and;
  • Project Development and Environment (PD&E) Studies for both the Eastern and Southern portions of the Selmon Expressway to evaluate future capacity need.
  • PD&E Studies for Whiting Street and Nebraska Avenue that look at redesigning ramps and creating a more connected grid system once the removal of Ardent Mills is complete.

For more information regarding THEA’s 10-Year Work Program, please visit https://www.tampa-xway.com/about-the-authority/.

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ABOUT THEA:

The Tampa Hillsborough Expressway Authority (THEA) is a public agency of the state, created by the Florida Legislature, to provide local, user-financed transportation services that reinvest customer-based revenues back into the Tampa Bay community. THEA owns and operates the Lee Roy Selmon Expressway, Brandon Parkway, Meridian Avenue, and the Selmon Greenway; designed and operates the world’s first reversible all-electronic toll road; and provides over 100,000 daily travelers with safe, reliable and financially sustainable transportation solutions.  For more information on how THEA is moving transportation forward, visit www.tampa-xway.com.

Like us on Facebook: https://www.facebook.com/TampaHillsboroughExpresswayAuthority/
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Web: https://www.tampa-xway.com/

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