The project is between the Greyhound Park, Centennial Trail and Jacklin seed. The interchange is estimated to cost $35 million and is the first project in Idaho to utilize the State Tax Anticipated Revenue (STAR), that the legislation approved in 2007.
The legislation allows developers to initially fund projects before being reimbursed through sales tax revenue from the project.
The project is "design-build" meaning the entire project doesn't have to be designed to start construction. That format is expected to expedite the completion date.
To see the full story, released by ITD, please visit the link below: