3 days ago
The $500 million, eight-mile extension, mostly paid by private funds and express lane tolls, broke ground August 9. Transurban, the private company in the public-private partnership, will pay $15 million annually for public transit improvements.
December 18, 2015, 2pm PST
New express lanes on I-66 inside the Capital Beltway on I-66 will be significant for two reasons. First, no lanes will be added. HOV lanes will be converted to HOT lanes. Second, revenue will go to options to get drivers out of cars, such as transit
February 28, 2014, 6am PST
The 495 Express Lanes opened in Virginia in November 2012 and have yet to meet ridership projections. That might not be a problem when built by the public sector, but the road is a $1.4 billion investment by the Australian firm Transurban.