The Dulles Greenway provides a critical commuter route between Leesburg and Washington D.C.
The Dulles Greenway toll road is a 22-km operating toll road, linking the Dulles International Airport to Leesburg, through Loudoun County, Virginia. Loudoun County has been one of the fastest growing counties in the United States, with significant housing and economic development in the corridor. The road is six lanes for most of its length, and can be expanded to meet future traffic demands.
Dulles Greenway is a relatively young toll road with operations having commenced in September 1995. There are currently nine operating interchanges.
The Dulles Greenway concession is owned by TRIP II, a limited partnership. In September 2005 MIG invested US$533 million to provide loans against and hold options over 86.7% of TRIP II and acquire 100% of the General Partner, Shendandoah Greenway Corporation. The General Partner has day to day responsibility for the management and operation of the concession. Later in September 2005, MIG also acquired a 13.3% direct equity interest in TRIP II. This latter acquisition took MIG's investment to a 100% economic interest in the Dulles Greenway.
In December 2006, MIG completed the sale of 50% of its interest in the Dulles Greenway to Macquarie Infrastructure Partners (MIP). MQA now holds an estimated 50% economic interest in the Dulles Greenway.
|Number of lanes||Mostly three lanes in each direction along the entire length|
2-axle vehicles: $4.00 off-peak, $4.80 peak
|Toll price escalation||
Maximum toll schedule has been set by the Virginia State Corporation Commission (SCC) through to the end of 2012.
|Toll collection||Cash, electronic and credit card|