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Dulles Greenway Traffic Up - Six-lane Widening & Adding Interchanges
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CarGuru > Driving > Dulles Greenway Traffic Up - Six-lane Widening & Adding Interchanges 4 March 2005 07:24:04
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Dulles Greenway Traffic Up - Six-lane Widening & Adding Interchanges

Scott M. Kozel 4 March 2005 07:24:04
 http://www.tollroads­news.com/cgi-bin/a.c­gi/wrUj.Iw8EdmcEIJ61­nsxIA

Dulles Greenway traffic up - widening & adding ICs
TOLLROADSnews™ - 2005.03.03
Excerpts:

Owners of the Dulles Greenway, a toll increase in hand, have closed on a
bond financing that will fund $72m of expansion of this 22km (14mi)
privately owned toll road in Loudoun County northern Virginia. Toll
Road investors Partnership (TRIP) II used Bear Stearns to find them an
investor. MBIA insured the bonds.

The work being funded includes:
* widening the whole length of the pike to 2x3 lanes
* adding two new interchanges, improvements to another
* construction of a direct connector ramp to Dulles International
Airport
* expansion of the mainline toll plaza from 14 to 18 lanes (originally
10 lanes)

Traffic in 2004 averaged 70.6k daily - too much for a 4-lane highway for
which about 50k to 60k is normally considered a comfortable ceiling.
The road was designed with a wide median and has the space to go to at
least 2x4 lanes though rail enthusiasts want to run a heavy 'Metro' rail
line down the middle too.

TRIP II plan a feasibility study of where they go beyond the 2x3 lanes
to be built with the present financing.

The Greenway have already gone to 3 lanes per direction for the first
8km (5mi) traveling westward (to Claiborne Parkway) so the present work
involves 14km (9mi) of third-laning to US15 in Leesburg.

Two new interchanges will replace arterials which presently bridge the
Greenway without connections in the western half of the toll road.

* Battlefield Parkway will become Exit 2 after removing the existing
Tolbert Lane Bridge and replacing it with a new four lane structure that
connects directly to Battlefield Parkway as well as extending
Battlefield Parkway to VA621, Evergreen Mills Road

* Cross Trails Blvd will become Exit 3 through widening the existing
Shreve Mill Rd Bridge to 4 lanes and building the connecting ramps and
roadway within the Greenway right of way

Construction of a direct connection ramp to Dulles International Airport
near the eastern end of the Greenway will eliminate a circuitous trip by
eastbound traffic in which they cross over the top of the Greenway to
join VA28 for a short distance and go under the Greenway again before
joining the lanes of the VDOT Dulles Toll Road entering the airport.
....

BACKGROUND: The Dulles Greenway opened in Sept 29 1995.

Average daily traffic has been:
1996 20.2k
1997 27.8k +38%
1998 32.4k +16%
1999 39.7k +23%
2000 46.3k +17%
2001 51.9k +12%
2002 55.7k +7%
2003 60.9k +9%
2004 70.7k +16%

Greenway spokesman Ann Lawler says they are hopeful they can match the
16% growth again this year - which would put them at 82k daily. Traffic
is predominantly light vehicles so their toll revenue is likely heading
for around $50m this year.

Peak toll rates at the mainline plaza are $2.40 and off-peak $2,00. 35c
(soon 50c) of the toll collected at the Greenway mainline plaza is
passed on to VDOT as a west-end Dulles Toll Road toll, the equivalent of
a ramp toll at other exits on the west end of the VDOT facility.

HISTORY: TRIP II which bought the land for the Greenway in private
negotiations was sponsored and is majority owned by the family of Maggie
Bryant and her son Michael Crane via their Shenandoah Greenway Corp.
They are local (Middleburg VA) property owners and business people.
Kellogg Brown & Root the Houston sub of Haliburton own a portion of
shares. Autostrade the big Italian toll operator were initial partners
but about two years ago sold their interest to AIE LL, private
investors.
....

TRIP II obtained a "Certificate of Authority" to toll for 40 years as
part of the original concession agreement with the state before the road
was built. Last year the State Corporation Commission extended this to
60 years, accepting the investors argument that the longer term was
needed to fund the capital improvement program.

See the URL for the rest of the article.

--
Scott M. Kozel Highway and Transportation History Websites
Virginia/Maryland/W­ashington, D.C. http://www.roadstot­hefuture.com
Philadelphia and Delaware Valley http://www.pennways­.com
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CarGuru > Driving > Dulles Greenway Traffic Up - Six-lane Widening & Adding Interchanges 4 March 2005 07:24:04
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