North Carolina will make use of low-interest federal GARVEE bonds to accelerate construction schedules for urban loops in Winston-Salem, Wilmington, Fayetteville, Greenville, Greensboro, Asheville and Fayetteville, Gov. Bev Perdue said today.
Most of the projects will move ahead about two years sooner than scheduled.
In Winston-Salem, where there had been no funding reserved and no schedule established for the future I-74 Northern Beltway, Perdue said the state will begin buying right-of-way in 2012 and start construction in 2015.
Other loops that will benefit from earlier schedules are ... [MORE]