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]