Construction of a replacement Interstate 5 Bridge will unfold in phases, given that the project has less than $5.5 billion in hand to cover a cost expected to exceed $13 billion.
The first phase will deliver the actual bridge, which could be open to drivers, bicyclists and pedestrians as soon as 2034. Light rail trains headed to the Vancouver waterfront and removal of the existing I-5 Bridge spans will follow, but the remainder of the 5-mile corridor improvements will need to wait until the program finds additional revenues.