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Unbuilt 460 Project Could Cost State $500 Million

The Commonwealth could end up paying between $400 million to $500 million if the new U.S. Route 460 toll road is not built. Virginia Secretary of Transportation Aubrey Layne told the House Appropriations committee yesterday that the state has already paid $300 million in taxpayer funds and bonds for the project, a top priority of former Governor McDonnell, put on hold by current Governor Terry McAuliffe. The 55-mile road from Petersburg to Suffolk never received the required federal permits for construction to begin. Five alternatives are being explored including the option not to build the road. Layne believes they will know which option they will pursue by September.