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Showing Results for tag: i-66


Virginia awards contract for I-66 under new approach that saves state $2.5 billion

Virginia expects to save $2.5 billion in a public-private partnership contract that the state intends to award to a consortium to build express toll lanes and other improvements along 22.5 miles of Interstate 66 outside the Capital Beltway in Northern Virginia in order to relieve the worst traffic congestion in the state.

Gov. Terry McAuliffe announced Thursday that the state had selected Express Mobility Partners — a consortium of Spanish multinational company Ferrovial; a subsidiary, Cintra; global investment and asset management firm Meridiam; and construction firm Allan Myers — to finance, design, maintain and operate the toll expressway under a 50-year concession. Read More

Project Updates: “I-81, Exit 150” and “Transform 66 – Outside and Inside the Beltway”

We recently profiled the “I-95 Hot Lanes” project as an example of a successful transportation improvement as a result of the passage of HB 2313. Every day, updates are being made on other pivotal projects like this one throughout Virginia. Two additional projects currently under construction and headed toward successful completion are the “I-81, Exit 150” improvement and “Transforming 66 – Outside and Inside the Beltway.”

I-81, Exit 150 in Roanoke

The main benefit of this project is to enhance safety and traffic flow on Interstate 81. The “I-81, Exit 150” project will improve the existing intersection and corresponding northbound movements for I-81. It will also improve connections with routes 11, 220 and 220 Alternate to help improve the traffic flow. Construction began in summer of 2015 and is scheduled to conclude in 2018 for the estimated $46.75 million upgrade.

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Transforming I-66

Many hours have been lost and likely many headaches have been caused for those who regularly drive on Interstate 66 in Northern Virginia. Arguably one of the busiest roads in the country, I-66 is finally about to undergo a major transformation. “Transform I-66: Inside and Outside the Beltway” will be an extensive, multifaceted project with goals of reducing delay times and congestion while increasing travel options, travel speeds and the amount of people moving through the I-66 Corridor.

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