The third and final segment of the FCE includes a new four-lane bridge over the St. Johns River just south of where the Shands Bridge currently stands. The design-build team of WGI, Inc., Johnson Bros. Corporation and American Bridge was selected to complete the project at a cost of approximately $595 million. The vertical clearance height of the new bridge will be 65 feet from the water line, compared to the existing 45 feet of clearance. The additional 20 feet will match the Buckman Bridge’s clearance and is an improvement for marine commerce in the region.