- Associated Press - Friday, October 10, 2014

MOORESVILLE, N.C. (AP) - A company that will build and operate toll lanes on Interstate 77 from Charlotte to Mooresville says it will decide how much drivers will pay once it finishes a traffic projection study on the 26-mile project.

The Charlotte Observer reported (https://bit.ly/10ZyHeb) that Jean Leier with I-77 Mobility Partners talked about the project at a meeting Thursday.

Financial closing on the $665 million project is expected late next month or in early December.

Construction is expected to start next July and be completed by late 2018.

The project calls for two toll lane additions in each directions from Charlotte to Cornelius. One toll lane is to be added in each direction from Cornelius to Mooresville.

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Information from: The Charlotte Observer, https://www.charlotteobserver.com

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