The South Bay Expressway, a privately owned highway set to open next
year in San Diego, will be a toll road for a decade longer than originally
planned, following the signing of a bill Monday by Gov. Arnold Schwarzenegger.
The “Governator” signed SB463 to allow the toll builder – a Macquarie
Infrastructure Group subsidiary under the name California Transportation
Ventures – to collect tolls for 45 years instead of 35 years as originally
Macquarie, an Australian company, is becoming more familiar in the U.S. because of its 50-percent involvement in the Indiana Toll Road and Chicago Skyway, and
principal involvement in the Dulles Greenway in Virginia.
The South Bay Expressway is a 9.3-mile segment of State Route 125,
being built as congestion relief for Interstate 5 from State Route 905 to Route
The toll road is projected to cost the private company $635 million