In December 2000, Virginia DOT (VDOT) entered into a public private partnership with APAC-Virginia Inc. of Danville, Virginia to complete Route 288. This arrangement was made possible by the PPTA.
VDOT originally projected that Route 288 would cost more than $283 million and take 36 months to complete. But with the efficiencies of the PPTA, the project will cost $236 million and take only 29 months to build. This is a savings of more than $47 million and the road is scheduled to open to traffic seven months sooner.
Under the PPTA, APAC-Virginia is managing, designing and building the project. APAC will extend Route 288 by building a four-lane interstate-quality road, including a bridge over the James River, from the Chesterfield/Powhatan County line to I-64 in Goochland County. APAC will also widen portions of Route 288 under construction in Chesterfield County. VDOT is managing part of the project between Powhite Parkway and the Chesterfield/Powhatan County line.[399]
Under the PPTA, the Virginia Department of Transportation awarded a $236 million contract to APAC-Virginia, Inc. of Danville for the completion of Route 288 around Richmond, Virginia. APAC formed a partnership with Koch Performance Roads, Inc. and CH2M HILL to assist with the project.
Approximately 17.5 miles of Route 288 will be built in three projects between the Powhite Parkway Extension (Route 76) in Chesterfield County and Interstate 64 in Goochland County. One VDOT-managed segment of Route 288 stretches from Route 76 to Charter Colony Parkway in Chesterfield County and the other VDOT-managed segment stretches from Charter Colony Parkway to the Powhatan County line. APAC-Virginia, Inc. oversees construction on the rest of Route 288, from the Powhatan County line to I-64 in Goochland County, funded under Virginia's PPTA. The Lucks Lane overpass and a portion of Route 288, from Route 76 to the Lucks Lane interchange, is already open to motorists. The rest of the project is expected to be completed in sections throughout 2004.
The entire Route 288 corridor from the Powhite Parkway in Chesterfield County to I-64 in Goochland County is expected to open to traffic by mid-2004; however, the project team plans to open the corridor in phases as segments are completed as follows:
∙ Phase 1: Segment linking I-64 to Route 250 (Broad Street) in Goochland Co. opened to traffic Dec. 2003;
∙ Phase 2: From Route 250 (Broad Street) to Route 6 (Patterson Avenue) in early 2004; and
∙ Phase 3: Route 60 (Midlothian Turnpike) to Route 76 (Powhite Parkway) in Chesterfield Co. in mid-2004.
Approximately 17.5 miles of Route 288 will be built in three projects between the Powhite Parkway Extension (Route 76) in Chesterfield County and Interstate 64 in Goochland County.
One VDOT-managed segment of Route 288 stretches from Route 76 to Charter Colony Parkway in Chesterfield County and the other VDOT-managed segment stretches from Charter Colony Parkway to the Powhatan County line. A portion of Route 288, from Route 76 to the Lucks Lane interchange as well as the Lucks Lane overpass are open to motorists.
The rest of the project, from Lucks Lane to the Powhatan County line is expected to be completed by mid-2004. APAC-Virginia, Inc. oversees construction on the rest of Route 288, from the Powhatan County line to I-64 in Goochland County. This segment, funded under Virginia's Public-Private Transportation Act of 1995, is scheduling completion by mid-2004.
The overall project cost for Route 288, from Route 76 in Chesterfield County to I-64 in Goochland County, is estimated at $319 million. The cost per project on Route 288 follows:
1. $236 million (from Powhatan County line to I-64 interchange in Goochland County, in addition to the main line lanes for the entire corridor from Route 76 to I-64);
2. $31 million (Route 76 to Charter Colony Parkway in Chesterfield County, not including the main line lanes); and
3. $52 million (Charter Colony Parkway to Chesterfield/Powhatan county line, not including the main line lanes).
The Virginia Department of Transportation (VDOT) expects the project, completed using a public-private partnership, to save $47 million and seven months in construction time.