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Friday, May 25, 2012 | 8:09 p.m.

Posted: 4:03 p.m. Thursday, Sept. 29, 2011

DOT report: Interchange at I-40, I-77 to cost $250M

STATESVILLE, N.C. —

The state of North Carolina plans to spend more than $250 million to rebuild the busy interchange at Interstates 40 and 77 in Statesville.

The current interchange was built in the late 1960s and was expected to handle only 5,000 vehicles each day. Currently, the ramps carry about 70,000 vehicles per day.

The North Carolina Department of Transportation plans to add several bridges, widen both I-77 and I-40, and make improvements to Highway 21 and Broad Street in Statesville.

See the DOT's complete plan for the I-40/I-77 interchange.

Construction on the first phase is set to begin next spring, but the entire project might not finish this decade.

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