Tampa, FL May 27, 2015 – Prince is the apparent low bidder on FDOT contract T6121 to widen and improve SR 93 (I-75) at University Parkway in Manatee and Sarasota counties. This high-profile project consists of constructing a “Diverging Diamond” interchange system, the first of its kind in the state of Florida. According to the Department, this design “will move vehicles from the right side of University Parkway to the left to make easier left turns onto I-75, with the lanes then shifting back to the right side of the road. Engineers say the design moves vehicles more efficiently than a standard intersection, especially in areas with heavy left-turn traffic.” Additionally, Prince will add lanes, as well as mill, resurface, and widen the existing lanes. Work also includes new bridge construction, existing bridge rehabilitation, base work, shoulder treatment, drainage improvements, guardrail, curb & gutter, concrete traffic separators, sidewalks, signage, and installing an Intelligent Transportation System on SR 93 (I-75).
With increased traffic and development in the area, including the recent opening of the 880,000 square foot retail mall, University Town Center, this project was fast-tracked by the Department of Transportation. Daily traffic averages 53,000 vehicles on University Parkway just west of the I-75 interchange, 34,000 vehicles on University Parkway just east of the interchange, and 12,000 vehicles on I-75 at the interchange. The goal is to have the project completed ahead of the World Rowing Championships that take place in nearby Nathan Benderson Park in September of 2017. The contract includes incentives to meet this goal.
The project will take 745 days to complete. Prince’s low bid of $74,506,000 beat five other bidders.
Prince Contracting, LLC is a Tampa, Florida General Contractor that self-performs most of its work. In business for over 30 years, Prince specializes in Design-Build and Bid-Build projects across Florida and the Southeast.