Capital Beltway HOT Lanes Delivering congestion relief and new travel choices
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Transcript of Capital Beltway HOT Lanes Delivering congestion relief and new travel choices
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Capital Beltway HOT LanesCapital Beltway HOT Lanes Delivering congestion relief and new travel choicesDelivering congestion relief and new travel choices
Presented to Noblis - October 28, 2008Presented to Noblis - October 28, 2008
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Today’s presentationToday’s presentation
Introduction/Project Overview
PPP/HOT Lanes Operations
Design/Construction:
Project/Regional Transportation Management Planning
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Who we are: public-private partnershipWho we are: public-private partnership
Ownership Oversight Environmental review Safety & design standards
Private partners Funds for construction through private investment and debt Builder Long-term operator Maintenance & incident response
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Capital Beltway HOT LanesCapital Beltway HOT LanesA landmark Public-Private PartnershipA landmark Public-Private Partnership
A series of “firsts”… First major improvement to the Capital Beltway in more than 30 years First HOT lanes PPP in the US First dynamic pricing PPP in the US First project using Private Activity Bonds (PABs) to reach financial
close and issue
bonds Largest ever private sector investment in a US greenfield PPP Innovative revenue sharing agreement with the public sector
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Capital Beltway ProjectCapital Beltway Project• Two new HOT lanes in each
direction
• First time introduction of HOV to the Beltway and Tysons Corner/Merrifield
• Congestion free network for transit service
• Bike and pedestrian access
• Replacement of more than $260 million of aging infrastructure • Including more than 50
bridges and overpasses
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Project OverviewProject Overview
• Improved sound wall protection for local neighborhoods
• Construction of Springfield Interchange Phase VIII to create a seamless HOV network
• Improved connection for I-66 regular lanes
• Three new access points to Tysons Corner
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Operations – Capital Beltway HOT LanesOperations – Capital Beltway HOT Lanes• Variable pricing:Variable pricing: tolls rise and fall based on real-time traffic
conditions to manage number of vehicles in the lanes
• Not an everyday toll road:Not an everyday toll road: motorists choose to pay a toll only when they need a faster, more reliable trip
• Fully electronic tolling with E-Z PassFully electronic tolling with E-Z Pass:: Electronic signs display rates; no toll booths
Free to HOV-3, buses, Free to HOV-3, buses,
motorcycles and motorcycles and
emergency vehiclesemergency vehicles
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Tolling and enforcement technologyTolling and enforcement technology
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FinanceFinance
Project funded through 4 sources: Private equity Commonwealth funding Senior debt: Private Activity Bonds Subordinated debt: TIFIA
Fair and equitable risk allocation between consortium and Commonwealth allows for reasonable financing terms Open, transparent process: Commonwealth, Federal
Government, Consortium All parties working together to achieve aggressive deadlines
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SafetySafety
24-hour safety monitoring Automatic incident detection Rapid incident response by dedicated private crews working
seamlessly with law enforcement, VDOT and emergency services
Real-time traffic information Emergency services coordination Improved access for emergency vehicles Enhanced evacuation routes
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Virginia HOT Lanes: where we are todayVirginia HOT Lanes: where we are today
Capital BeltwayCapital Beltway Groundbreaking held in July Construction underway
I-95/395 Currently under negotiation Milestones to financial close
• Environmental review• Permitting process• Financing negotiations• Two year construction period
following• financial close
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ConstructionConstruction
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• Build outer 2 lanes: 2008 – 2011
• Rebuild/lengthen all bridges & overpasses along alignment: 2008 – 2011
• Shift traffic into 2 new outer lanes: 2011
• Construction on inner 2 (HOT) lanes: 2011 - 2012
General Construction PlanGeneral Construction Plan
Projected HOT Lanes Opening – Dec 2012
General HOT Lanes ScheduleGeneral HOT Lanes Schedule• Design/Engineering: 2007 – 2009
• Arterial Study: 2008
• Design Public Hearing: May 2008
• Right of Way Activity: 2008 - 2010
• Construction: • Clearing & Grubbing: 2008• Utility Relocation: 2008 – 2009• Soundwall Relocation/Construction:
2008 – 2011• Bridge Construction: 2008 – 2012
General Construction PlanGeneral Construction Plan
Project divided into 4 construction areas:
• Beltway south of I-66 Interchange
• I-66 Interchange
• Beltway north of I-66 interchange
• Phase VIII: Springfield Interchange
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• No Beltway lane closures during peak rush hours
• Businesses and residential communities will remain accessible
• Scheduled lane closures will be communicated in advance
• Message signs to alert commuters
before they travel through construction area
(MOT) Maintenance of Traffic(MOT) Maintenance of Traffic
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Regional TMPRegional TMP
Fairfax County
Parkway Extension
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Regional Transportation Management Plan (TMP)Regional Transportation Management Plan (TMP)
GOALGOALKeep motorists, businesses, shoppers and employers
informed and moving during construction
• Multiple large construction projects will be underway over the next 10 years
• $58 million over the next six years
• Initial program in place Fall-08
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• Aggressive public outreach program
• Enhanced commuter assistance programs and choices
• Expanded employer service programs
• Commuter information stores
Regional TMP StrategiesRegional TMP Strategies
• Additional traffic cameras
• Extensive coordination and cooperation with police, fire and rescue
• Dedicated safety service patrols
• Improved traffic signal timing
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Programs That Can Help Employers and EmployeesPrograms That Can Help Employers and Employees
Employer Services
• Employee commute assessment
Employee Transportation Champion training
Transit and vanpool benefit/incentive program
development
SmartBenefits program development
Alternative work schedules development
Parking management
On-site commute options information and
promotion
On-site ridematching and commute options
planning
Commuter Services
• Free carpool and vanpool matching
• Carpool incentives
Transit trip planning
Financial assistance for vanpool startup
Guaranteed Ride Home Program
Park-and-Ride lot information
Bike to work information
Brochures for all programs
Your local Commuter Connections network
member is:
Fairfax County DOT 703-324-1181
STAY INFORMEDSTAY INFORMED
www.virginiadot.orgwww.virginiadot.org
Provides information on:Provides information on:lane closures, travel advisories, email lane closures, travel advisories, email alert sign-up, multiple project linksalert sign-up, multiple project links
www.virginiahotlanes.comwww.virginiahotlanes.com
Provides information on:Provides information on:project details/benefits, detailed project details/benefits, detailed construction info/timeline, sign up for construction info/timeline, sign up for progress updates progress updates and look ahead at future work and look ahead at future work