UPDATE: According to the Seattle Times, the new cost of a bridge has risen to $4.5 billion or more:
“New cost estimates from the state Department of Transportation released today show the most likely price of a new Highway 520 bridge has increased to $4.5 billion, if an interchange similar to today’s Montlake interchange is chosen with a second Montlake Boulevard drawbridge.
“If other options are selected to reduce the project’s impact on Seattle’s Montlake neighborhood and the Washington Park Arboretum, costs would increase another $500 million to $2 billion, according to David Dye, deputy transportation secretary.
“Earlier this year, transportation officials said they could deliver a new bridge for about $3.9 billion. Design changes and the rising cost of materials have driven the price higher.”
An overview of the project is available at www.wsdot.wa.gov/Projects/SR520Bridge/

Matt Rosenburg wrote this article which was published at Cascadia Prospectus:
The State Route 520 Tolling Implementation Committee’s “November Scenario Evaluation” document released yesterday shows that the most robust regional financing for replacing the dangerously sub-par 520 bridge comes from time-variable tolling on it starting in 2010 and tolling the parallel I-90 span across Lake Washington, starting in 2010 or 2016. Tolling in this key east-west corridor would be done on the fly, electronically, with vehicle windshield transponders and overhead gantries; no toll booths. Tolls that vary by time of day are likely, though flat rates are also an option. Special lanes that would be free to buses and ride-sharers could be made available to solo drivers, for a price.
The committee’s members are WSDOT Secretary Paula Hammond, Puget Sound Regional Council Executive Director Bob Drewel, and Washington State Transportation Commission board member Richard Ford. This latest analysis, along with public comment, will inform a January, 2009 final report from the committee to the state legislature, which is then to approve a tolling plan for the SR 520 bridge and perhaps the I-90 bridge as well. Then, specific toll rates would be set by the state transportation commission and approved by the legislature, with construction of pontoons for the new 520 bridge beginning later in 2009 if all goes as envisioned.
The weary and crowded 1963-vintage 520 bridge connects Seattle with Eastside job centers such as Bellevue, Redmond and Kirkland but is at major risk of catastrophic failure in a 70 mph windstorm, or earthquake. At the same time, growing regional traffic congestion has prompted a public warming to expansion of regional transit, and bettered the odds for a system of electronic, time-variable tolling on major highways and state routes across metro Puget Sound. A priced-lanes pilot project for carpoolers and solo drivers is already underway on SR 167, and flat-rate electronic tolling in place, to rave reviews, on the new southbound span of the Tacoma Narrows Bridge.
The 520 tolling committee’s latest report reveals that:
Starting tolling in 2010 instead of at bridge completion in 2016 would pry loose an additional $400-$500 million, lowering the costs of bond borrowing for construction, which is to be repaid by tolls;
The most revenue toward completion of the $3.7 to $3.9 billion project comes from tolling both the SR 520 and I-90 bridges starting in 2010 ($2.4 billion, Scenario #9) or 520 in 2010 and I-90 in 2016 ($2.4 billion, Scenario #4);
One-way tolls on both bridges would range from 75 cents off-peak to $2.95 at peak hours in Scenario #9, and from 75 cents off-peak to $3.25 at peak in Scenario #4;
Tolling 520 alone starting in 2010 (Scenario #7) would cut peak-hour traffic volume in the vicinity of 17 to 26 percent while peak-hour flow would rise three to seven percent on I-90;
Tolling both 520 and I-90 starting in 2016 (Scenario #9) would deliver peak-hour volume cuts of 10 to 11 percent on 520 and 12-16 percent on I-90, as commuters shift travel times or use transit;
Time-variable tolling increases peak-hour speeds on 520 by 13-16 mph, nearly double the speed gain from flat toll rates.
The committee will continue to get an earful at public hearings this week and next from tolling opponents who somehow imagine they are a due a free ride because the construction, maintenance and operations costs of Puget Sound roads and bridges, as population continues to swell in coming decades, can somehow all be covered by the incredible shrinking gas tax and…….what? More sales tax hikes or vehicle fees?They’re nice if you can get ‘em, but the well only runs so deep.
Pay as you go is the way to go in this day and age – coupled with cost-saving, performance-based consortium contracting to design, build, operate and maintain surface transportation facilities and systems.
The four-lane SR 520 bridge across the lake is to be replaced with a six-lane structure. Current plans call for two “general purpose” lanes and one high-occupancy vehicle lane in each direction, the former would be tolled either via either a flat or time-variable rate if a plan is adopted. This is confirmed by WSDOT, though it can get a bit confusing because one doesn’t necessarily think of general purpose lanes as being tolled. On the I-90 bridge, the agency also confirms, tolling would be on all general purpose vehicle lanes, except under one scenario that exempts eastbound traffic from Mercer Island. On both bridges the possible HOV lane could be designated a High Occupancy and Toll (HOT lane), free to transit and ride-share vehicles, but also available, for a toll, to solo drivers.
The more time-variable tolling, and the sooner, the better: it will further drive alternative choices such as ride-sharing and telework, and raise more money for regional surface transportation needs, transit included.
The policy decisions to come on tolling the SR 520 bridge, and perhaps the I-90 bridge as well, are an important turning point for the state and region. Going forward, a broad regional plan to implement time-variable tolling on several highways and major state routes is needed. That would allocate scarce peak-hour capacity, ease congestion, and help pay for billions more in needed safety, repair and mobility improvements on I-5, SR 99, SR 704, SR 509, US 2 and I-405/SR 167.
The question is, how serious are we about doing this? The legislature will provide the first piece of the answer when it next meets.
What a great idea. Tolls are used all over the country to generate revenue for roads. Those who use a particular road pay for the usage. Why not the floating bridges.
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I think the system of variable pricing makes sense. In general, I am in favor of user fees. It seems fair to me that if you use a service, you should pay for that service. I do not expect others to pay for the services I use. My concerns for the tolls collected for the new bridge are:
1. tolls collected on the bridge should be applied only toward paying for the construction of bridge. Far too often, groups latch on to such streams of money and divert them to other pet projects. These “income streams” end up funding other non-related projects, thus defeating the “user fee” aspect of the toll;
2. tolls should be retired when the principle and interest from the project have been paid.
On a side note, I would like to suggest we no longer name bridges after governors, senators, congressmen, dog catchers, etc. Even though the Evergreen Point Floating Bridge has been officially named the Governor Albert D. Rosellini Bridge since 1988, does anyone actually call it that? Renaming the bridge was a nice tribute to a wonderful man, but let’s try to keep this next bridge out of the name game. Anyone recall the failed attempt in 1983 to name SeaTac Airport in honor of Scoop Jackson?
From Wikipedia:
After the death of U.S. Senator “Scoop” Jackson in 1983, the Seattle Port Commission voted to change the name of the airport to Henry M. Jackson International Airport, ostensibly to honor the late Senator. However, denizens of Tacoma interpreted the name change as an insult to their community —the second time in the airport’s history that the port authorities had attempted to “erase” Tacoma from the map. But the $100,000 that Tacoma had provided for the airport’s construction during World War II had come with an explicit promise that the city would be included in the airport’s name. The City of Tacoma eventually prevailed in their attempt to return the long-standing moniker, and the name reverted to Sea-Tac early in 1984.
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Downtown Condo Dweller Reply:
November 18th, 2008 at 1:04 pm
I think this is a great idea and I hope they implement the variable priced fees on both the I-90 and the 520 in 2010. While I agree the fees should only be used to pay for the construction projects I think that it is important that both bridges be tolled. Otherwise I think it will have a negative impact on traffic flow. I hope that action will be taken on this by the legislature soon.
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Tia Reply:
November 18th, 2008 at 7:42 pm
Rob, how about naming rights to the highest bidder? If it works for arenas …. Hey, don’t scoff, it might end the tolls sooner. We could even break it up–the Boeing Midspan, the Nintendo Eastern Highrise …. It’ll have to look really cool, though, for this to work.
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Rob Butcher Reply:
December 2nd, 2008 at 5:12 pm
Tia,
Your compelling argument for naming rights to the highest bidder has changed my opinion (well, that and the new price tag of $4.5B for the bridge). I think we need any source of income we can get to help pay for this bridge now that we have committed tens of billions of dollars toward light rail.
Let’s see… Which would I prefer to drive over?
The Boeing Floating Bridge
The McDonald’s Floating McBridge
The Exxon Floating Bridge
The Tidy Bowl Floating Bridge…
Of course, I jest, but now that the new cost estimate is out we could use any help we could get.
Thanks for your comments.
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jan Reply:
December 3rd, 2008 at 8:57 am
On my bus ride over the bridge each day I would find solace in knowing the bridge were named something whimsical like the grande extra hot soy with extra foam, split shot with a half squirt of sugar-free vanilla and a half squirt of sugar-free cinnamon, in a venti cup bridge.
smile
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I actually think this is a bad idea. Public infrastructure is a public good, and should be paid for out of public funds. Tolls and gas taxes are regressive, and by definition punish people who live far from work. They live far from work because they can’t afford to live near their workplace. There are lots of people in this category.
That said, it is certainly the case that many Microsofties commute across the 520 bridge, and should have little trouble affording the toll. I can see an argument that the Eastside is relatively affluent and commuters to Seattle should be able to pay, but I think tolls cast too wide a net.
Personally, I think we should roll back Eyman’s excise tax initiative and tax people on the value of their cars. However, we seem stuck in a 1-dollar-1-vote world.
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Downtowner Reply:
December 6th, 2008 at 11:20 pm
I would happily vote to roll back everything that Tim Eyman has ever pushed through. While cutting taxes and fees is a populist’s nirvana, the simple fact is that we need the money to fund our state. Our infrastructure is falling apart, our schools are degrading, and our socal programs are struggling, all because a lot of people keep voting to cut their taxes.
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