Connector Motorways

Connector Motorways

Company type	Transport
Founded	2007
Defunct	January 2010
Headquarters	Sydney, Australia
Owner	CK Infrastructure Holdings (19.6%) AMP (15%) Leighton (11%)
Divisions	Lane Cove Tunnel Military Road E-ramp
Website	connectormotorways.com.au/

Connector Motorways was an Australian toll road operator which operated the Lane Cove Tunnel and the Falcon Street Gateway (now Military Road E-ramp) in northern Sydney.^[1] Both projects opened to the public in March 2007. Connector was owned by CK Infrastructure Holdings (19.6%), AMP (15%) and Leighton (11%)^[2]

Connector Motorways started off as the Lane Cove Tunnel Company and was engaged by Roads & Traffic Authority to design, construct, maintain and operate the tunnel for 33 years on 1 October 2003.^[3] Connector Motorways was supposed to operate the tunnel concession until 2037.^[4]

On 19 January 2010, Connector Motorways went into receivership^[5] when traffic through the tunnel failed to reach the projected volumes. Toll road operator Transurban bought the tunnel in May 2010 for $630 million and became the new operator.^[6]

References

1. "An Overview of the Lane Cove Tunnel and Falcon Street Gateway" (PDF). Connector Motorways. Retrieved 23 October 2021.
2. Li, Zheng; Hensher, David (September 2010). "Toll Roads in Australia: An Overview of Characteristics and Accuracy of Demand Forecasts". Transport Reviews. 30 (5): 541–569. doi:10.1080/01441640903211173. S2CID 153484704. Retrieved 23 October 2021.
3. "Connector Motorways (January 2007)". Archived from the original on 8 January 2007. Retrieved 23 October 2021.
4. O'sullivan, Matt (20 January 2010). "Lane Cove Tunnel operator hits the wall". The Sydney Morning Herald.
5. KordaMentha appointed to Connector Motorways Pty Ltd. Archived 27 January 2010 at archive.today. Retrieved 20 January 2010.
6. Lane Cove Tunnel sold for $630 million - ABC News (Australian Broadcasting Corporation). Abc.net.au (10 May 2010). Retrieved 2013-09-07.