The Capital Beltway High Occupancy Toll (HOT) Lanes project is a Public Private Partnership (PPP) between VDOT and Capital Beltway Express, LLC, a joint venture of Fluor and Transurban. This team is working in partnership to deliver the most significant improvements to the Capital Beltway (I-495) in a generation. The project limits are from the Springfield Interchange (south) to just north of the Dulles Toll Road (14 miles). Today, there are four lanes in each direction on I-495. Improvements include:
Construction began in spring 2008 and the lanes are expected to open in 2013.
Construction began in spring 2008 and is anticipated to be complete in 2013.
The total length of the concession is 85 years - 5 years of construction and 80 years of operation.
VDOT Project Website
Virginia Mega Projects Website
FHWA Project Profile
Virginia Public-Private Partnership Act of 1995