List of most expensive U.S. public works projects
Below is a list of so-called megaprojects that are among the most expensive in U.S. history.
Highways
[edit]The following list includes projects to build new highways or improve existing ones, including roadways, bridges, and tunnels. It includes only projects that are underway or completed. Additionally, projects with multiple independent segments (e.g., I-69 Indiana-Texas Extension, Trans-Texas Corridor) are not included, though individual segments may or may not make the list. Costs shown below exclude financing costs.
Date | Price (nominal) | Reference Year | Price (ref. year) | Price (2024 Inflation) | Project |
---|---|---|---|---|---|
1956–present | $425 billion | 2006 | $425 billion | $663 billion | Interstate Highway System |
1992–2006 | $14.6 billion[1][2] | 1982 | $8.08 billion | $26.3 billion | Big Dig, Boston, Massachusetts |
2000–2022 | $1.4 billion [3] | 2022 | I-5 - SR 16 Tacoma/Pierce County HOV Program, Tacoma, Washington (Interstate 5 in Washington) | ||
2002–2013 | $6.5 billion[4] | $8.77 billion | San Francisco–Oakland Bay Bridge East Span Replacement, San Francisco/Oakland, California | ||
1988–2002 | $5.0 billion[5] | Mon–Fayette Expressway, southwest Pennsylvania and northern West Virginia | |||
2012–2019 | $4.25 billion | Alaskan Way Viaduct replacement tunnel, Seattle, Washington | |||
2005–2020 (est.) | $4.1 billion (est.)[6] | Ohio River Bridges Project, Louisville, Kentucky, and southern Indiana | |||
2020-2025 (est.) | $3.9 billion (est.)[7] | Hampton Roads Bridge–Tunnel, Hampton Roads, Virginia | |||
2001–2007 | $3.6 billion[8] | Central Texas Turnpike, area around Austin, Texas | |||
2003–2008 | $1.5 billion | 2001 | $2.8 billion (2008)[9][10] | $3.1 billion | I-10 Katy Freeway Expansion (Interstate 10 in Texas) |
2007–2011 | $2.57 billion[11] | Intercounty Connector, Montgomery County, Maryland | |||
1997–2029 | $1.66 billion | 2009 | $2.2 billion | $3.27 billion | North Spokane Corridor, Spokane County, Washington |
1999–2008 | $2.5 billion[12] | Woodrow Wilson Bridge Replacement, Washington, D.C., Northern Virginia, and southern Maryland | |||
1959–1964 | $320 million | 1964 | $2.44 billion | Verrazano-Narrows Bridge | |
2015–2022 | $2.3 billion[13] (est.) | I-4 Ultimate corridor reconstruction, Orlando, Florida | |||
2008–2018 | $1.8 billion[14] (est.) | Interstate 69 Extension SIU #3, Evansville to Indianapolis, Indiana | |||
2010–2024 | $1.6 billion[15] (est.) | Wekiva Parkway, Orlando, Florida | |||
2001–2016 | $1.4 billion[16] (est.) | I-95 New Haven Harbor Corridor Reconstruction, New Haven, Connecticut | |||
1991–2003 | $1.2 billion[17] | E-470, Denver, Colorado | |||
1933–2007 | $37 million | 1937 | $37 million | $809 million | Golden Gate Bridge |
Rail
[edit]Date | Price (nominal) | Reference Year | Price (ref. year) | Price (2024 Inflation) | Project | Length |
---|---|---|---|---|---|---|
2015–2029 | $64.2 billion (est.) | 2018 | $64.2 billion (est.) | $86.7 billion (est.) | California High-Speed Rail (Phase 1) | 520 miles (837 km) |
2006–2025 | $4 billion (est.) | 2006 | $12.4 billion (est.) | $11 billion (est.) | Skyline | 20 miles (32 km) |
1964–1976 | $1.588 billion | 1976[18] | $1.586 billion | $8.76 billion | Bay Area Rapid Transit (Initial System) | 109 miles (175 km) |
1863–1869 | $124,548,691[19] | 1873 | $124,548,691 | $3.27 billion | First transcontinental railroad | 1,868 miles (3,006 km) |
See also
[edit]References
[edit]- ^ Central Artery/Tunnel Project Website Archived 2007-10-12 at the Wayback Machine
- ^ "Boston's 'Big Dig' finally opens to public - US news - NBC News". NBC News. December 21, 2003.
- ^ "I-5 - SR 16 Tacoma/Pierce County HOV Program | WSDOT".
- ^ Jaffe, Eric (October 13, 2015). "From $250 Million to $6.5 Billion: The Bay Bridge Cost Overrun". CityLab. Archived from the original on September 28, 2017. Retrieved September 28, 2017.
- ^ Turnpike panel says high costs imperil Mon-Fayette, Southern Beltway projects, Pittsburgh Post-Gazette, April 27, 2007
- ^ Louisville Bridges Cost Now $4.1 Billion, The Urbanophile, October 6, 2007
- ^ HRBT Expansion website
- ^ Federal Highway Administration, Central Texas Turnpike Fact Sheet
- ^ "So what is the capacity of the Katy Freeway these days?".
- ^ "FHWA Office of Innovative Program Delivery: Project Profiles". Archived from the original on September 5, 2015. Retrieved September 18, 2015.
- ^ Maryland Department of Transportation ICC Website
- ^ Woodrow Wilson Bridge Replacement Website Archived 2007-10-15 at the Wayback Machine
- ^ Tracy, Dan (February 17, 2015). "I-4 Ultimate overhaul gets ceremonial start". Orlando Sentinel. Retrieved February 18, 2015.
- ^ "INDOT I-69: I-69".
- ^ "Frequently Asked Questions". Wekiva Parkway. Florida Department of Transportation & Central Florida Expressway Authority. Retrieved February 18, 2015.
- ^ COG panel OK with $498M spike in Q bridge cost, New Haven Register, August 9, 2007[permanent dead link]
- ^ "Final leg of E-470 nears completion". Denver Business Journal.
- ^ Webber, Melvin (1976). "The BART experience: what have we learned?" (PDF): 93. Retrieved May 31, 2016.
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(help)[permanent dead link] - ^ "Frequently Asked Questions about the Transcontinental Railroad".