This will really be a piece of good news for thousands of drivers who face excruciating delays in that stretch on Highway 401 in particular. Highway 401 is set to be reconstructed at a cost of over $500 million.
Aecon Group Inc. has announced that West Corridor Constructors has reached a financial close of the Highway 401 expansion project.
West Corridor Constructors was selected by Infrastructure Ontario and the Ministry of Transportation of Ontario to design, build and finance the Highway 401 project. It is an association between Aecon who make up half the association, Parson who makes up 30 per cent and Amico who makes up 20 per cent.
Construction will start in late 2019 and finish in late 2022. It is approximately 18 kilometres of reconstruction from the Credit River in Mississauga to Regional Road 25 in Milton.
The construction company will widen the highway and reconstruct the bridge over the Credit River. They will also replace structural culverts, complete drainage and utilities work, and work on ecological restoration. Two-10-lane segments will be opened with two-12 lane core collector systems alongside median high occupancy vehicle lanes.
According to Infrastructure Ontario, the plan will also reduce fuel consumption and greenhouse gases. This reconstruction could well feature in Premier Doug Ford’s next election campaign on his efforts to reduce greenhouse gases. Ontario does have a plan to reduce its carbon footprint. -CINEWS