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Get used to the gridlock: Long-range road funds lacking
Hampton Roads can expect a total of $2.3 billion for road construction through 2040, according to John W. Lawson, financial planning director for the Virginia Department of Transportation. Lawson said that is "significantly" less than previous long-range projections, but he could not say how much less. A rough estimate by the Hampton Roads Transportation Planning Organization indicates that the $2.3 billion is about half of earlier projections - $77 million per year compared with $150 million per year. To put the number in perspective, the cost of building the Midtown Tunnel and Martin Luther King Freeway expansion project is about $2 billion. Posted on Thursday, March 4, 2010 - 11:48am
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