USDOT Announces $141 Million Loan for I-64 Hampton Roads Express Lanes Project

Nov. 17, 2023
The project costs $445 million and is a part of the Hampton Roads Express Lanes Network

Today, the U.S. Department of Transportation (USDOT) announced that its Build America Bureau has provided a $141 million loan to the Hampton Roads Transportation Accountability Commission (HRTAC) on behalf of the Virginia Department of Transportation (VDOT) to improve mobility and safety on Interstate 64.

“This project will eliminate a key regional supply chain bottleneck and has vast economic and job creation potential by providing a consistently reliable connection to Virginia’s port system, the third largest on the East Coast,” said Deputy Secretary Polly Trottenberg. “Additionally, the project will enhance safety by improving the emergency evacuation route for the region.”

The project costs $445 million and is a part of the Hampton Roads Express Lanes Network.

“Virginia’s innovative financing approach is helping to deliver these overdue improvements at a lower cost,” said Bureau Executive Director Morteza Farajian. “Additionally, with over 80,000 active-duty military personnel at eight installations in Hampton Roads, improving regional mobility is critical to national security.”

The project is expected to finish in late 2026.

Improvements include constructing noise walls, replacing the eastbound Hampton River bridges, and rehabilitating four bridges at Hampton River, King Street, and Settlers Landing Road.


Source: USDOT