Road or highway 路 United States

How much did Virginia State Route 895 cost to build?

Virginia State Route 895, the Pocahontas Parkway, is an 8.8-mile (14 km) tolled freeway in the Richmond, Virginia, area that includes a 4,765-foot concrete box-girder bridge with a 730 ft main span. It was built by design-build contract from October 1998, opened on 22 May 2002 and was dedicated in full on 20 September 2002 at a total cost of USD 324 million, 92% privately funded through the Pocahontas Parkway Association's bonds. Traffic fell far short of forecasts; Transurban took a 99-year lease in 2006 and the Virginia Department of Transportation took over management in 2013.

Final project cost

$324 million

Cost basis: 2002

Beginning eastbound on Virginia State Route 895, in its interchange with Interstate 95 and Virginia State Route 150.
CoredesatCC BY-SA 3.0

Cost evidence

Basis of the published figure

Final project cost2002
virginiaplaces.org

Project metrics

Key dimensions

Total lengthRoads to the Future
14.162 km

Project record

Timeline

  1. 13 October 1998

    Construction started

    Roads to the Future

  2. 22 May 2002

    Opened or launched

    Roads to the Future

  3. 20 September 2002

    Completed

    Roads to the Future

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