Business: Private Toll Roads Show the Way

BETTER HIGHWAYS

EVERYBODY agrees that the U.S. needs more and better roads, but almost nobody agrees on how to pay for them. While the argument rages, Texas has gone ahead and devised something new: the nation's first privately owned and privately financed modern toll roads. This week the Texas Turnpike Co. will start constructing a 223-mile, four-lane thruway from the Dallas area to Houston, at a cost of $140 million. At the same time the Sam Houston Toll Road Corp. will start building the first leg (Dallas-Waco, 83 miles) of its $140 million. 246-mile Dallas-San...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!