Based on the options chosen, all four projects came in just above $65 million. Cost breakout by project can be summarized as follows:
| Project | Total Estimated Cost |
|---|---|
| Shakertown Road | $7,160,000 |
| Factory Road | $23,000,000 |
| Alpha Road Extension | $613,000 |
| Valley Road | $20,900,000 |
| Orchard Lane | $13,547,000 |
| Heller Drive | no estimate yet |
I'll say this for the MVRPC: they've got guts. Of the four projects they are submitting for TRAC funding for the 2007-2012 cycle, US 35 in Greene County is one of them, with construction funded for CY 2012. Projected pricetag is $74 million, of which they hope the TRAC would provide $66 million.
Full details are available here
The initial 2007 TRAC list has this project actually making it onto the approved list. Now the bad news: it's only a Tier II project, which means it can be funded only to the point where construction is ready to begin. $4M from the SAFETEA-LU National Highway Bill has been earmarked for a complete and detailed design, but a construction decision won't be made for another 10 years.
ODOT and the MVRPC may want to seriously consider building this project in "salami slices" instead of all at once. The Shakertown Road and Heller Drive realignments could be built separate of the eventual Factory Road interchange, as could the Valley/Trebein Road project. I feel construction could be funded much quicker by the TRAC process as three smaller projects than what they have been attempting to fund.