Armie “Iron Man” Hammer, the creator of Iron Man, has unveiled a $500-million project in Colorado to construct an arm of an Interstate 10 reconstruction that will include a new bridge and interchange.
The $500,000 project, called Crossland, will connect the Interstate 5 corridor in Denver with the Interstate 70 corridor in Colorado Springs, and is part of a $1.8 billion Interstate 10 construction project that is scheduled to be completed in 2020.
The project, which includes the construction of a new Interstate 10 interchange, will cost $3.8 million to $5.8 in annual costs, and the bridge will cost between $400 million and $600 million, Hammer said.
The interchange will have a capacity of 50,000 vehicles, and will have three lanes each way.
“The interchange will provide an attractive, sustainable transportation option for all traffic, including drivers traveling between Denver and Denver International Airport,” Hammer said in a statement.
“We believe the interchange will create a world-class, long-lasting interchange for the region.”
The Interstate 10 project was announced by the U.C. Davis Transportation Center, a project funded by the federal government and administered by the Federal Highway Administration.
The project will connect Interstate 10 to I-25 in Colorado and will include $350 million in federal grants, according to a news release.
The bridge will span a length of between 100 and 125 feet, and feature a new four-lane design.
The $400-million bridge, which will be constructed by Toll Brothers, is the second in Colorado, following the $2.1 billion bridge over I-70 that was completed in 2013.
“In the past few years, the state and federal governments have made significant investments to improve and modernize the Interstate 10 Corridor,” said David Stowe, president of the Colorado Department of Transportation.
“We look forward to working with the State of Colorado, the U-Haul, and Armie to create an outstanding bridge.”