History
The original portion of the Million Dollar Highway was a toll road built by Otto Mears in 1883 to connect Ouray and Ironton. Another toll road was built over Red Mountain Pass from Ironton to Silverton. In the late 1880s Otto Mears turned to building railroads and built the Silverton Railroad north from Silverton over Red Mountain Pass to reach the lucrative mining districts around Red Mountain, terminating at Albany just eight miles (13 km) south of Ouray. The remaining eight miles (13 km) were considered too difficult and steep for a railroad. At one point a cog railroad was proposed, but it never made it beyond the planning stage.
In the early 1920s, the original toll road was rebuilt at considerable cost and became the present day US 550. The Million Dollar Highway was completed in 1924. Today the entire route is part of the San Juan Skyway Scenic Byway.
Highway 550 was part of the original 1926 federal highway system. The original highway extended 110 miles (177 km) from Montrose, Colorado at U.S. Highway 50 to U.S. Highway 450 (now U.S. Highway 160) at Durango, Colorado. In 1934, Highway 550 was extended through Farmington to Shiprock, New Mexico. In 1989, the western end of Highway 550 was replaced with U.S. Highway 64 between Farmington and Shiprock. In 1999, Highway 550 was rerouted at Aztec, New Mexico to replace New Mexico State Highway 44 to Bernalillo, New Mexico, at which time all of Highway 550 in New Mexico was upgraded to four lanes.
In 2009 U.S. 50 was re-routed onto the San Juan Avenue bypass to avoid downtown Montrose. As a result, U.S. 550 was extended approximately one mile Northwest to intersect with the new U.S. 50 alignment.
Read more about this topic: U.S. Route 550
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