Originally published Thursday, November 20, 2008 at 12:00 AM
Print520 bridge price jumps to $4.5B — or more
New cost estimates from the state Department of Transportation released today show the most likely price of a new Highway 520 bridge has increased to $4.5 billion, if an interchange similar to today's Montlake interchange is chosen.
Seattle Times transportation reporter
New cost estimates from the state Department of Transportation released today show the most likely price of a new Highway 520 bridge has increased to $4.5 billion, if an interchange similar to today's Montlake interchange is chosen with a second Montlake Boulevard drawbridge.
If other options are selected to reduce the project's impact on Seattle's Montlake neighborhood and the Washington Park Arboretum, costs would increase another $500 million to $2 billion, according to David Dye, deputy transportation secretary.
Earlier this year, transportation officials said they could deliver a new bridge for about $3.9 billion. Design changes and the rising cost of materials have driven the price higher.
Mike Lindblom: 206-515-5631 or mlindblom@seattletimes.com
Copyright © 2008 The Seattle Times Company
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