Investment in 33 km of new lanes and investment in the GTA communities served by 407 ETR
TORONTO, Nov. 17, 2020 /CNW/ - 407 ETR has announced the official opening of 33 new lane kilometres on Highway 407 ETR between Highway 401 and Highway 410. There is now an additional lane in each direction in this area to maintain the flow of traffic for drivers.
This marks the third year in a row that 407 ETR has added new lanes on the Highway and signifies its ongoing investments to enhance and expand the roadway and driving experience. Since privatization, 407 ETR has effectively doubled the Highway 407 ETR's capacity, adding over 600 lane kilometres since 2001. This work has been completed in an efficient manner to keep traffic moving ? and at no cost to taxpayers. All of the work completed was done under COVID-19 requirements for construction and the new lanes were inspected and approved for opening by the Ontario Ministry of Transportation.
The decision to proceed with investment into additional lanes took place despite the various socio-economic unknowns caused by the COVID-19 pandemic as the company believes being prepared for the recovery and managing traffic is of the utmost importance.
The Highway has now been built to approximately 90% of its maximum number of lanes. Careful planning continues on how to best manage traffic to ensure that drivers continue to save time and enjoy a safe trip with reliable trip times.
As construction proceeded, the Company immediately responded to the impact of the pandemic on local communities and hospitals across the GTA. "407 ETR responded quickly to the pandemic and assisted the communities we serve by donating free travel to hospital staff across the corridor and by giving $5.2 million to hospitals and United Way agencies across the GTA for emergency response and to fund the recovery into 2021 and 2022," said Javier Tamargo, President and Chief Executive Officer of 407 ETR. "This has been a vital time for our drivers and I am very proud of what we have been able to do on behalf of our customers, staff and the company."
QUICK FACTS
ABOUT 407 ETR
Highway 407 ETR is a 108 km toll road located across the top of Toronto, Ontario, Canada. Pre-pandemic we served almost 500,000 drivers and passengers from Burlington to Pickering each day, and save drivers more than 30 million hours every year so they have more time for the things that matter most. Since 1999, Highway 407 ETR has supported economic benefits totaling $15.9 billion within Ontario. Making life better for customers and surrounding communities is an important focus for the company. We support 20 local hospitals each year and sponsor more than 170 children and youth sports teams across the Highway. Learn more at 407etr.com/community.
The Company is owned by indirectly owned subsidiaries of Canada Pension Plan Investment Board (total 50.01%), Cintra Global S.E., a wholly owned subsidiary of Ferrovial S. A. (43.23%) and by SNC-Lavalin (6.76%).
Background
Background on the construction of Highway 407 ETR
When the lease to operate the highway was granted to 407 International in 1999, the agreement required the immediate extension of the highway in both the east and west and this was completed ahead of schedule and under budget. All of 407 ETR's construction projects have been done in a manner that both ensures the quality of the roadway itself, and the safety of workers on the project and drivers coming through construction zones. 407 ETR takes a unique approach to highway construction ? building lanes before traffic congestion can become a problem ? while keeping interruptions to motorists to the absolute minimum. The investments the company has made in construction and the excellence the teams have brought to the work completed, have made 407 ETR well known for being reliable.
In 1999, Highway 407 ETR was 643.25 lane kilometres (including the ramps and interchanges in place). Today, it is 1,265.06 lane kilometres (including ramps and interchanges built by the company).
407 ETR has effectively doubled the Highway's capacity, adding over 600 lane kilometres since 2001.
YEAR | MAJOR PROJECT | TOTAL LANE |
2001 | Highway 403 to QEW, Markham to Highway 7 | 291.67 |
2002 | Ramps at Woodbine and Mavis | 6.68 |
2003 | Martin Grove to Pine Valley, 403 Ramp and Woodbine Ramp | 6.78 |
2004 | Highway 401 to Highway 10 (both eastbound and westbound) | 24.13 |
2006 | Yonge to Highway 427 (both eastbound and westbound) | 50.16 |
2007 | Highway 427 to Highway 401 (both eastbound and westbound) | 48.8 |
2009 | Markham to York-Durham Line (both eastbound and westbound) | 14.28 |
2010 | Highway 404 to Markham (both eastbound and westbound) and QEW ramp | 20.16 |
2011 | Highway 401 to Trafalgar (both eastbound and westbound) | 22.28 |
2012 | Highway 400 to Highway 404 (both eastbound and westbound median) | 31.07 |
2014 | Highway 427 to Highway 400 (both eastbound and westbound median) | 17.66 |
2016 | Realignment of Brock Interchange | 6.42 |
2018 | York-Durham Line to Brock (both eastbound and westbound) | 13.35 |
2019 | Markham to York-Durham Line (both eastbound and westbound) | 14.25 |
2020 | 401 to 410 (both eastbound and westbound) | 33.17 |
TOTAL | 600.86 |
SOURCE 407 ETR Concession Company Limited
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