Funded in part through the Regional Transportation Commission of Southern Nevada (RTC)’s Fuel Revenue Indexing (FRI) program, the new Exit 118/I-15 Interchange will help divert industrial vehicles from city roadways to free up thoroughfares for commuter traffic when it’s complete in summer 2016.
The project will serve as a key component to the City of Mesquite’s master transportation plans to facilitate smart growth and economic diversification.
The new exit will provide direct access to the 800-acre master-planned Mesquite Technology and Commerce Center (MTCC), allowing freight vehicles to expedite pickups and deliveries. The MTCC is an area devoted to technology, industrial, distribution and manufacturing businesses and stimulates the local economy by creating new jobs, diversifying the economy and keeping consumer dollars within Mesquite.
The interchange will also help alleviate congestion and improve safety at the existing Exit 120 interchange.
RTC board member Mayor Allan Litman, Mesquite Regional Business Association President George Gault, and RSC General Manager for Do It Best Corporation Wendy Kenny will kick off this important transportation project.
“The importance of Exit 118 to our city’s economic future cannot be overstated,” said Litman. “The project adds a viable commercial exit to the Technology and Commerce Center, which is a key player in our economic development efforts. We welcome all residents to commemorate the start of this project by joining us at the groundbreaking ceremony.”
Meadow Valley Inc. is the general contractor and will complete the new exit and interchange by summer 2016. The $14.7 million project will create more than 190 jobs for the local community.
Fuel revenue is generated each time motorists fill their vehicles with gas. A portion of the amount paid at the pump helps fund transportation projects throughout Clark County.
The Clark County Commission approved fuel revenue to be tied to the rate of inflation from January 2014 to December 2016. This funding measure will help with material and labor costs, raise $700 million, fund 220 projects and create approximately 9,000 jobs. For motorists, this averages out to about a dime a day.