HARDEEVILLE, S.C. (WTOC) – The South Carolina Transportation Infrastructure Bank has denied additional funding for the I-95 Exit 3 interchange project at the South Carolina-Georgia border, effectively stalling the major infrastructure development after costs spiraled from an estimated $82 million in 2019 to over $150 million.
In a Feb. 7, 2026, letter obtained by WTOC through a Freedom of Information Act request, Bank Chairman John White told SCDOT Secretary Justin Powell that the City of Hardeeville, Jasper County, and property owners have failed to demonstrate they can fund their portion of the project.
The decision comes months after state leaders celebrated groundbreaking on a separate $825 million I-95 widening project. At that event, South Carolina Governor Henry McMaster said, “Our economies are growing, we’re growing in very smart ways, we’re being very careful, and we hope that’s going to produce more and more surpluses so we can keep doing this all over the state because this is key to our future.”…