midtown tunnel

Virginia governor Bob McDonnell this week announced big progress on two major toll concessions: $1.7 billion of investment by Macquarie and Skanska to enhance three key tunnels under the estuarial Elizabeth River in Norfolk under a 58 year toll concession, and $843m in a 73 year toll concession deal with Transurban and Fluor to develop 29 miles,46km of toll express/bus lanes on I-95 in northern Virginia.