Saturday, January 15, 2000
FWW costs mount to $300.8M
Additions pushed total up by $20M
BY TANYA ALBERT
The Cincinnati Enquirer
It will now cost $300.8 million for the massive Fort Washington Way project, $20 million more than the last reports. And that doesn't count the $10 million Cincinnati is trying to find by next week to pay for steel beams that would be the foundation for covering the downtown expressway with a three-block park.
In addition to that money, the city still needs to find another $1.2 million, said John Deatrick, Cincinnati's transportation director. The city is pursuing federal highway grants to pay for that cost, he said.
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RISING PRICE TAG
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When Fort Washington Way construction started in 1998, it was a $146.9 million roadway project designed to narrow and straighten the highway to make it safer. The price tag has been rising since construction started because more projects from a $32 million reconstruction and widening of the Third Street viaduct to a nearly $45.3 million transit center have been added.
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Among the latest costs:
$6 million for a ramp that will serve as a link for the new Second Street, the southeast area of downtown and Newport.
$680,000 to add a lane leading off the Clay Wade Bailey Bridge.
$2.4 million to add a lane to the entrance from Third Street to southbound Interstate 75 and to leave room to add a lane from Third Street to northbound I-75.
$1 million to pay for acombined sewer overflow project that will cut the number of times sewage overflows into the Ohio River from 65 times a year to four.
$800,000 to pay insurance premiums. The premiums increased because the project's scope increased.
About $9 million to pay for construction supervision, design work and other administrative costs associated with increasing the size of the project.
Nearly $34 million of the project's cost are being covered by loans. The other money is coming from Kentucky and Ohio state funds and federal, Cincinnati, Hamilton County and Southwest Ohio Regional Transit Authority funds.
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