ATLANTA --Commuters in Cobb and Cherokee counties may finally get relief from daily traffic jams. A reversible toll lane project in the works for years is now getting off the ground thanks in part to $275 million in federal loans. Construction of new interchanges and miles of reversible toll lanes will start next summer and finish up in 2018.
These toll lanes are different from the hot lanes on 85, because these are all new lanes. They will run along 75 and 575 starting at the Cobb cloverleaf.
U.S. Transportation secretary Anthony Foxx was in Atlanta today to announce the loan. He said traditional ways of finding this project would not have worked.
"It would take your entire state budget, and your federal aid dollars, to build this project without program involvement or without the tolls."
In what officials said was a case of fortunate timing, one of the interchanges will be built right next to the proposed site of the new braves stadium. It will be built a year after that stadium would open, and help ease congestion by allowing through traffic to speed around any jams.