TxDOT Acquires State Highway 288 for $1.7 Billion, Promises Toll Relief and Future Free Lanes for Houston Drivers

The Texas Department of Transportation (TxDOT) has officially concluded the buyback process for State Highway 288, a strategic action that’s set to result in significant shifts in road management and tolling practices in the Houston area. According to a release by TxDOT, this move is poised to deliver “future toll relief and additional free general purpose lanes for drivers,” crediting the state with acquiring a $4 billion asset at a cost of $1.7 billion. Marc D. Williams, the TxDOT Executive Director, hailed the buyback as a “very big win for SH 288 drivers and our taxpayers.”

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