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Tennessee Department of Transportation Commissioner Will Reid addresses reporters on Aug. 19, 2026.

Tennessee has selected a team of builders to construct toll lanes along 26 miles of Interstate 24 between Nashville and Murfreesboro.

The Transportation Modernization Board voted Wednesday to select DriveTN to design, build, finance, operate and maintain the $9.2 billion project, which will provide a projected $24.8 billion in concession value to Tennessee. State officials say this money could be leveraged to fund other transportation projects.