Bayville Bridge Construction Contracted for with $4.5 Billion – Now How Much Is It Worth?
Bayville, FL (CNN) Construction workers are beginning to push the finishing touches on a $4 billion bridge to replace the Bayville River bridge that carries the Florida Keys to Florida.
Construction will start in early 2019 and will last three years.
The Florida Department of Transportation (FDOT) says the bridge will be built to a “strenuous” bridge standard and will be the most powerful bridge in the U.S. It is expected to be completed by 2025.
Construction workers are now pushing the finishing lines on a new bridge to take the place of the old Bayville bridge.
The Bayville Expressway will be closed for several months from May to August because of construction of the new bridge.
FDOT says the work is necessary because the Bayridge Bridge is now structurally unsafe.
The FDOT and the state Department of Highway Safety and Motor Vehicles are working together to determine the safety and financial viability of the bridge.
“There are a lot of questions that we want answered about the cost and the construction cost, but we also want to do the work we have to do,” said FDOT spokesman Tom Anderson.
“We have to get it done, but it’s going to cost a lot.”
Anderson says that will be one of the first questions the agency will ask the Florida Department the State of Transportation.
“We’re going to have to work with them to figure out the best path forward for the State and the people of Florida to protect the lives and safety of all of our citizens,” Anderson said.
But it will be an expensive project.
According to the FDOT, construction costs of $5 billion will pay for the bridge and about 4,500 vehicles a day will use the bridge for traffic signals.
FDOS estimates the bridge cost will be $10.7 billion.