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SEATTLE-- The final environmental impact statement for the new SR520 floating bridge was released Thursday, touting improved driver safety and efficiency.

According to the Washington State Department of Transportation, drivers will be able to cross the new 520 bridge in 11 minutes.

After 14 years of planning, the bridge, spanning Lake Washington from Bellevue to Seattle, will have three lanes in each direction, including transit and HOVlanes. Bike paths will also be added, as well as shoulders.

WSDOTsaid the bridge will improve traffic in the arboretum.

This plan allows us to continue with construction and replace the vulnerable floating bridge and make a reliable corridor for all, said WSDOT520Program DirectorJulie Meredith. It's time for us to move forward with construction.

To read the entire environmental impact study fromWSDOT, click here.

Residents of Montlake and the U-District have threatened to file a lawsuit to block construction.

Funding for the new structure is still up in the air. Even with tolling on 520 scheduled to start in July,the state is about$2 billion short.

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