<P> The project was divided into two phases, the first (completed in the summer of 2015) was a rebuilding and repaving of I - 40 and I - 440 from I - 40 Exit 301 to I - 440 exit 14 . The second phase, currently underway, is the more extensive rebuild of I - 40 from Exit 293 to Exit 301 . </P> <P> In Statesville, the I - 40 / I - 77 interchange (exit 152) is currently being upgraded . The upgrade is planned in three phases: reconstruction of nearby intersections on both interstates, reconstruction and widening of I - 40 / I - 77 interchange, and construction of fly - overs at interchange . The estimated cost for the entire project is $251 million with construction to begin in March 2012 . It will replace the current interchange, which was built in the late 1960s . </P> <P> A widening project along Interstate 40 is in development stage, between mile markers 259 and 279, in Orange and Durham counties . The estimated cost is $18 million, with date of construction to begin February 2019 . However, it is currently flagged by NCDOT as "Subject to Reprioritization ." </P> <P> A widening project along Interstate 40 is in development stage, between mile markers 301 and 312, in Wake and Johnston counties . The estimated costs have yet to be determined . Property acquisition is to start late 2013 thru 2015 . The project is closely associated with the extension of NC 540 (the Southern Wake Freeway) which will tie in with I - 40 at the current Exit 309 (Clayton Bypass, US 70). </P>

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