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Investors - OCTOBER 2, 2020

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Webuild Group wins $176m Texas toll-road contract

by Andrea Zander

The Central Texas Regional Mobility Authority has awarded a $176 million design-bid-build contract to the 183A Toll Road in Williamson County, Texas, Lane Construction, the U.S. subsidiary of Webuild Group.

Lane will work on the 183A Phase III Project to extend the 183A Toll Road, adding two tolled lanes for 6.6 miles in either direction from Hero Way to north of SH 29. It will also build a shared use path from Hero Way to the proposed Seward Junction. Commissioned by the Central Texas Regional Mobility Authority, the project is expected to be completed in October 2024. The extension of 183A will include the construction of 17 bridges, two of which over the South Fork San Gabriel River.

With unprecedented growth in Williamson County, especially in Cedar Park, Leander and Liberty Hill, traffic volumes along the 183 are seen increasing by 183% during the next 25 years. The project will help alleviate future congestion and reduce driving times for commuters.

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