LBJ Infrastructure Group sees decreased traffic flow

20 April 2020 - 12:00 am UTC

LBJ Infrastructure Group LLC (LBJIG), the sponsor behind the IH-635 Managed Lanes project, released the calculated percentages showing declines in traffic flow due to the coronavirus pandemic in a 17 April statement.

LBJIG, which initiated a refinancing of the managed lane project in November 2019, reported a 74.3% decrease in managed lane traffic between 28 March and 3 April. For 1Q20, there was an overall decrease of 3.6% and for all of March 2020 traffic decreased by 30%.

Read More