Truckers can breathe bit easier knowing that a toll road that will connect Richmond and the Hampton Roads region in Virginia won’t cost them $75 per trip as one firm suggested early on in the process. The Virginia Department of Transportation inked a deal with a private firm last week – and trucks will pay just shy of $12 for the 55-mile trip.
Of course, the toll-free option will remain on the existing Route 460 after the parallel toll road is completed in 2018.
Just two years ago, one of the firms bidding on the $1.5 billion to $2 billion project estimated truck tolls at 40 cents a mile for partial trips and a $75 flat fee for the full-length.
Virginia Gov. Bob McDonnell announced Oct. 17 that US 460 Mobility Partners, which lists Ferrovial Agroman of Spain as its controlling interest, will build and operate the toll road on a 40-year concession agreement.
“Once the road is ready to open in 2018, tolling will begin at approximately 7 cents/mile ($0.067) for cars and 21 cents/mile ($0.213) for trucks. This equates to $3.69 for cars and $11.72 for trucks for the entire 55 miles,” VDOT stated in a press release.
The new Route 460 will connect Petersburg just south of Richmond with Suffolk just outside of Norfolk. Officials hope the new road will relieve congestion in the area including traffic in and out of the port.
The operator will collect tolls via E-ZPass.