Advertisement

Header Utility Menu

  • Subscribe
  • Advertise
  • Contact Us
  • Events

LinkedIn Facebook Twitter Instagram Get Our App

  • Login

Virginia Business

Mobile Menu

  • Issues
  • Industries
    • Banking/Finances
    • Law
    • Real Estate
    • Economic Development
    • Education
    • Energy/Green
    • Federal Contracting
    • Government
    • Healthcare
    • Hotels/Tourism
    • Insurance
    • Ports/Trade
    • Small Business
    • Startups
    • Technology
    • Transportation
  • Regions
    • Central Virginia
    • Eastern Virginia
    • Northern Virginia
    • Roanoke/New River Valley
    • Shenandoah Valley
    • Southern Virginia
    • Southwest Virginia
  • Reports
    • Best Places to Work
    • Business Person of the Year
    • CEO Pay
    • COVID-19
    • Generous Virginians Project
    • Legal Elite
    • Most Influential Virginians
    • Maritime Guide
    • Site Locator
    • The Big Book
    • Virginia CFO Awards
  • Company News
    • For the Record
    • People
  • Opinion
  • Lists
  • Awards/Events
    • 2022 Virginia Business Political Roundtable
    • Women in Leadership
    • Diversity Leadership Series
    • Virginia 500
    • Legal Elite
    • CFO Awards
    • Big Book of Lists
    • 100 People To Meet
    • Best Places To Work
  • Virginia 500
    • Read The Issue
    • Power Up Virginia 500
    • Buy an award plaque
    • Suggest execs for 2023

Advertisement

Header Primary Menu

  • Issues
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • Issues Archive
  • Industries
    • Banking/Finances
    • Law
    • Real Estate
    • Economic Development
    • Education
    • Energy/Green
    • Federal Contracting
    • Government
    • Healthcare
    • Hotels/Tourism
    • Insurance
    • Ports/Trade
    • Small Business
    • Startups
    • Technology
    • Transportation
  • Regions
    • Central Virginia
    • Eastern Virginia
    • Northern Virginia
    • Roanoke/New River Valley
    • Shenandoah Valley
    • Southern Virginia
    • Southwest Virginia
  • Reports
    • Best Places to Work
    • Business Person of the Year
    • CEO Pay
    • COVID-19
    • Generous Virginians Project
    • Legal Elite
    • Most Influential Virginians
    • Maritime Guide
    • Site Locator
    • The Big Book
    • Virginia CFO Awards
  • Company News
    • For the Record
    • People
  • Opinion
  • Lists
  • Awards/Events
    • 2022 Virginia Business Political Roundtable
    • Women in Leadership
    • Diversity Leadership Series
    • Virginia 500
    • Legal Elite
    • CFO Awards
    • Big Book of Lists
    • 100 People To Meet
    • Best Places To Work
  • Virginia 500
    • Read The Issue
    • Power Up Virginia 500
    • Buy an award plaque
    • Suggest execs for 2023

Home News latest news Construction set to begin on Interstate 66 widening

Construction set to begin on Interstate 66 widening

Published November 21, 2017 by Jessica Sabbath

Construction is set to begin soon on the widening of Interstate 66 outside the Beltway.

The public-private partnership will include $3.7 billion in transportation improvements to the Interstate 66 corridor in Northern Virginia.

Plans include adding two express lanes in each direction alongside three regular lanes from the Beltway to University Boulevard near Route 29 in Gainesville. The express lanes will include tolls that vary depending on traffic conditions. The project will include space in the median that will be reserved for future transit.

The project also includes 4,000 park and ride spaces, new and expanded commuter bus service throughout the corridor, safety and operational improvements at key interchanges, auxiliary lanes between interchanges, and bicycle and pedestrian paths and connections.

Under a 50-year partnership agreement, I-66 Express Mobility Partners (I-66 EMP) assumes responsibility for all costs to design, build, operate and maintain the 66 Express Lanes. It requires EMP to pay $800 million for transit service in the corridor and $350 million in other projects to improve the I-66 corridor over the next 50 years.

I-66 EMP is a consortium of Cintra, Meridiam Infrastructure, John Laing Group Plc. and APG, and their design-build contractor, FAM Construction LLC, a partnership between Ferrovial Agroman US and Allan Myers.

The project’s financial close was reached on Nov. 9, securing the funding necessary to move forward.

I-66 EMP also will give the commonwealth a payment of $579 million to fund additional transportation improvements in the corridor. With input from local jurisdictions, the Northern Virginia Transportation Authority developed a list of recommended transportation projects for funding from this concession payment, which will be voted on in January 2018 by Virginia’s Commonwealth Transportation Board.

Among the recommended projects that the board will consider are an interchange at Route 234 and Balls Ford Road in Prince William, capacity improvements on the VRE Manassas line, and a new bus facility in Manassas.

“Today marks the beginning of the transformation that will take place on I-66 Outside the beltway over the next several years,” Javier Gutierrez, CEO for I-66 Express Mobility Partners, said in a statement. “When completed in 2022, we will be moving more people and offering more travel options on a safer and more efficient highway, and this will directly contribute to enhanced quality of life for people on this vital transportation corridor.”

Related Stories

Virginia Business logo

Virginia native turns to reality television to take product nationwide

Virginia Business logo

Virginia sees 29.5 percent growth in number of women-owned companies since 2007

Virginia Business logo

John Marshall Bank names new president and CEO

Trending

13th annual Best Places to Work

Magical moments

Cox expands Myers’ role to East Coast

Morrissey’s Petersburg casino bill fails in Senate Finance

Danville pharma startup announces $6.1M expansion

Sponsored Stories

Working at Pinnacle Financial Partners

What Logistics issues will have the biggest impact on you in 2023?

In the New Year, Aim for Better Cybersecurity

4 innovative ways to create capacity

WHERE IS THE SUPPLY CHAIN WHEN YOU NEED IT?

P.A.I.N.T. Your Financial Mountain

5 Benefits of Treasury Management Services from Atlantic Union Bank

Blazing trails in the digital landscape

Advertisement

Advertisement

Trending

13th annual Best Places to Work

Magical moments

Cox expands Myers’ role to East Coast

Morrissey’s Petersburg casino bill fails in Senate Finance

Danville pharma startup announces $6.1M expansion

Sponsored Stories

Working at Pinnacle Financial Partners

What Logistics issues will have the biggest impact on you in 2023?

In the New Year, Aim for Better Cybersecurity

4 innovative ways to create capacity

WHERE IS THE SUPPLY CHAIN WHEN YOU NEED IT?

P.A.I.N.T. Your Financial Mountain

5 Benefits of Treasury Management Services from Atlantic Union Bank

Blazing trails in the digital landscape

Get Virginia Business directly on your tablet or in your mailbox!

Subscribe to Virginia Business

Advertisement

Advertisement

Footer Primary Menu

  • virginiabusiness.com
  • Subscribe
  • Advertise
  • About Us
  • Contact Us

Footer Secondary Menu

  • Industries
  • Regions
  • Reports
  • Company News
  • Events

Sign Up For Our Newsletter

Sign Up

LinkedIn Facebook Twitter Instagram Get Our App

Privacy Policy Cookie Policy

Footer Utility Menu

Copyright © 2023 Virginia Business. All rights reserved.

Site Maintained by TechArk